5 Myths About Unsecured Business Loans
Debunking 5 myths about unsecured
When to take Unsecured Loans?
• You want to start a business but your seed money is not
• You do not wish to pledge your assets to a lender.
What are Unsecured Business Loans?
• You can borrow these without pledging any personal assets or
• They are offered based on your credit worthiness and past
Let's discuss 5 myths about these unsecured
business loans and clear your
Myth #1: UBL is meant for Small Businesses
• UBL is also provided to big businesses.
• Multiple lenders provide business loans without security, in no
• Lenders simply consider your financial history before disbursing
Myth #2: Smaller amounts reduce your
chances of getting a loan
• All you need to show is a good financial record.
• It doesn't matter how large or small the amount you borrow.
• Your chances of getting an UBL does not increase if you request
a high loan amount
Myth #3 Only banks provide unsecured
• New-age lending institutions provide unsecured business loans
• They provide competitive interest rates and ensure hassle-free
• Just choose a trusted lender who has been in the market for
Myth #4 It takes months to get a business
• Hero FinCorp approves your loan within 48 hours.
Myth #5 You cannot get a business loan for
• All you need is the right set of documents and business plan.
• Your scale of business does not matter.
• Alternatively, you can start your business with a business credit
Whether you dream of a startup or want to expand your
business, get an unsecured business loan today.
Thank You !
Would Love to Hear From You
Hero FinCorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Email Id: Corporate.Care@HeroFinCorp.com
Know more- 5 Myths About Uns