Immediate Cash Flow
Unsecured Financing
Gain early access to future earnings with Unsecured Financing if you have:
Access to up to $500K
$25,000 per month in revenue
6 months+ in business (when applicable)
Credit Score of 650 or higher
Fast Funding
Purchase Inventory
Cover Expenses
Unsecured Financing Overview
Access Working Capital For Immediate Needs
Unsecured Financing provides businesses with immediate access to working capital by offering a lump sum in exchange for a portion of future sales. This flexible financing option helps address urgent financial needs without lengthy approval processes.
150+
Lenders in the network
20K - 500k
Money available to share
24 Hours
To Process the funding
Understanding Unsecured Financing Loans
Solve Small Cap Gaps With Fast Funding
Unsecured Financing is an ideal solution for businesses facing short-term capital requirements. By offering quick access to funds, Unsecured Financing enables businesses to manage unforeseen expenses, purchase inventory, or seize growth opportunities without delay. Unlike traditional loans, Unsecured Financing has straightforward approval processes, often requiring minimal documentation and providing funds without a top credit score.
Another advantage of Unsecured Financing is the repayment structure, tied to future sales. This means businesses pay back the advance as a percentage of daily sales, making it more manageable during slower periods. This flexibility allows business owners to focus on operations without worrying about rigid repayment schedules.
Key Applications
Industries
Retailers and suppliers
Move products along the value chain with ready access to funds to grow your business.
Service industries
Marketing/advertising, cleaning services, maintenance and repair businesses qualify.
Hospitality sector
Apply Now
Start Your Financial Journey
SenText Capital - the financial home that's right for your business.
Our Pillars of Success
Guiding you through our three-step process
Your Personal Agent
01
Each business owner works directly with a single agent to cultivate continuity on the financing journey.
Team Support
02
Your financing and agent are supported by a robust back-office team of underwriters who facilitate your application through to approval.
Scalable Process
03
Our process supports financing from $20,000 to millions of dollars. No matter your level of business, tap into our robust skillset.
Does Unsecured Funding sound like the right solution for your capital needs?
FAQ’s
Frequently Asked Questions
What is Unsecured Financing?
Unsecured Financing is a flexible financing option tailored to meet the short-term capital needs of businesses, particularly small to medium-sized enterprises. Unlike traditional loans that involve borrowing a fixed amount to be repaid with interest, Unsecured Financing offers upfront cash in exchange for a predetermined percentage of future sales. This alternative form of financing is popular among businesses that may not qualify for conventional bank loans due to credit-related challenges or the need for faster access to funds.
At its core, a merchant cash advance is not a loan. Instead, it is an advance based on future revenue, typically derived from credit card sales or other receivables. This means businesses are essentially selling a portion of their future income in exchange for immediate liquidity. The amount a business is eligible to receive depends on factors such as average monthly sales, the consistency of cash flow, and the overall financial health of the business.
How Does a Unsecured Financing Work?
Repayment is tied to the business’s future sales revenue. This is typically conducted in one of two ways. For businesses relying on credit card transactions, repayment involves a fixed percentage of daily credit card sales being automatically deducted. Alternatively, businesses may make fixed, automated withdrawals from their bank account in what is commonly known as Automated Clearing House (ACH) payments. The repayment structure is designed to ebb and flow with the business’s revenue, meaning payments are higher during peak sales periods and decrease during slower times. This flexibility is what sets Unsecured Financing apart from the rigidity of traditional loans.
A key term associated with Unsecured Financing is the “factor rate.” Factor rates, often ranging from 1.1 to 1.5, determine how much the business will ultimately repay. For example, an advance of $50,000 with a factor rate of 1.3 would require total repayment of $65,000. Unlike interest rates in loans, factor rates are fixed, so the repayment amount does not fluctuate regardless of how quickly the business repays the advance.
Benefits of Unsecured Financing
Another benefit of Unsecured Financing, is its flexible repayment structure. Because repayments are tied to the business’s revenue, there is no fixed monthly installment, which can reduce financial strain during slower periods. This ensures that businesses only pay what they can afford, while still maintaining day-to-day operations. Additionally, since repayment is automated, business owners are freed from the burden of manually tracking deadlines, allowing them to focus on growth and productivity.