7 Best Unsecured Business Loans of 2026
Unsecured business loans are a popular option for startups and businesses that lack significant physical assets to use as collateral. These loans do not require any collateral, making them a less risky option for business owners who want to avoid putting personal or business assets on the line. However, the lack of collateral does make these loans riskier for lenders, resulting in higher interest rates and stricter qualification requirements.
To help you find the best unsecured business loan for your needs, we have reviewed some well-known online lenders that offer quick access to capital, minimal fees, and lenient eligibility requirements. Here are our top picks for the best unsecured business loans:
1. Biz2Credit:
Biz2Credit offers various types of loans, including working capital, term loans, and commercial real estate loans. They provide unsecured term loans of up to $1,000,000 to qualified borrowers, which is higher than many other online lenders. Biz2Credit’s eligibility requirements are tiered, allowing businesses to start with smaller working capital loans and graduate to larger term loans as they grow. They offer quick approvals and funding within 72 hours, making them a convenient option for businesses in need of fast capital.
2. Bluevine:
Bluevine offers fast funding with approval decisions in as little as five minutes and funds available within 24 hours. They accept businesses that have been operating for at least 12 months and have a relatively low credit score requirement of 625. Bluevine provides a revolving line of credit, allowing businesses to draw funds as needed and only pay interest on the amount used. This flexibility makes them a great option for newer businesses or those looking for quick access to capital.
3. Kiva:
Kiva stands out as the only completely free business lending option in America. Through a unique crowdfunding model, small businesses can access up to $15,000 with zero interest and zero fees. Borrowers must gather support from their immediate community and demonstrate character and business potential to qualify for a loan. Repayments are made monthly over 6 to 36 months, with funds disbursed to all lenders who supported the campaign. Kiva is an excellent option for businesses with strong community ties and a need for interest-free capital.
4. SMB Compass:
SMB Compass offers a variety of loan products, including traditional term loans and specialized purchase order financing. They have low starting APRs, with equipment financing starting at just 5.99% APR and business lines of credit at 7.99% APR. SMB Compass provides tailored funding solutions for businesses with specific needs, making them a versatile option for businesses looking for competitive rates and flexible terms.
5. Fundbox:
Fundbox is an ideal option for startups seeking smaller amounts of capital quickly. They offer a line of credit with a low credit score requirement of 600 and $100K in annual revenue. Fundbox provides transparency and ease of use, making them a great choice for first-time borrowers or businesses without dedicated financial staff. With quick access to capital and full cost transparency, Fundbox is a convenient option for businesses in need of fast funding.
When comparing unsecured business loans, it’s essential to consider eligibility requirements, types of loans offered, loan amounts, repayment terms, fees, and customer support. Each lender has its unique offerings, so it’s crucial to evaluate your business’s needs and choose the best option that aligns with your financial goals.
