non-collateral loan lender

non-collateral loan lender

What is non-collateral loan?

A non-collateral loan is also known as an unsecured loan. Here the loan is availed by evaluating the creditworthiness of a borrower bereft of collateral. The lender sanctions such loans to an individual who meets the eligibility criteria set by banks

Unsecured Personal Loans: Borrow With No Collateral

Unsecured loans don’t require collateral and can be used for just about any purpose. Compare loans from multiple lenders that offer unsecured personal loans.

An unsecured loan is a loan that doesn’t require you to pledge an asset, such as a house or car, as collateral. Instead, approval is based primarily on your credit score and finances.

Collateral loan providers consider fixed deposits, property, investments and savings as security. These loans have considerably low rates of interest. Non-collateral loans take your competence as a student into consideration, however they do have significantly higher rates of interest.
While secured debt uses property as collateral to support the loan, unsecured debt has no collateral attached to it. However, because of collateral connected to secured debt, the interest rates tend to be lower, loan limits higher and repayment terms longer.

Unsecured loans can be used for almost any purpose. If you’re considering an unsecured personal loan, compare potentially cheaper options, and make sure the monthly payments don’t stress your budget.

Key Takeaways. An unsecured loan is supported only by the borrower’s creditworthiness, rather than by any collateral, such as property or other assets. Unsecured loans are riskier than secured loans for lenders, so they require higher credit scores for approval.

Getting a Small Business Loan Without Collateral

The financing is available, but loan terms and approval requirements vary widely.

When you need a small-business loan—either to fund your next stage of growth or to keep your business on solid ground during an unexpected crisis—one thing to consider is whether you’ll be expected to bring collateral to the table.

Collateral acts as security for the lender in the event that you default on the loan and can’t repay it for any reason. If your business is short on assets that could be pledged as security, finding a no-collateral business loan may be your top priority.

Fortunately, with Grand City Investment Limited in Hong Kong, it’s possible to obtain business loans without collateral as a condition for approval.

So who is a Non Collateral Money Lender?

A non collateral lender is a lender that doesn’t require you to pledge an asset or collateral before giving you a loan. Instead, approval is based primarily on your credit, business plan and finances.


  • It’s possible to obtain unsecured business loans through Grand City Investment Limited.
  • No collateral doesn’t mean that you won’t be required to assume some level of personal financial responsibility for business debt.
  • Lenders may charge higher fees or interest rates for no-collateral business loans.
As we move through Covid19 and businesses return to work, you might want to finance or refinance business loans. Or you might be in search of a letter of credit or bank guarantee for credit enhancement, trade finance or for your import & export transactions.
At Grand City Investment Limited (, our new unique lending platform provides super quick non collateral loans at the best possible rates.

If you as business owner or a trader that have any funding requirements or need general financing advice, get free help to secure your next business loan in no time  

If you are in default on any existing loans, or even just need to finance/refinance or you are a trader, contractor that is in need of bank guarantees or letters of credit, just send us an email inquiry and let us know how we can work together to help your business grow. We want your business to keep afloat in these challenging times and don’t overpay on non collateral loans, also known as unsecured loans.

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