Ethical Resources For Ethical Small Business Owners
Wednesday February 8th 2012

Where can I find an unsecured, no personal guarantee, business line of credit?

I’ve heard these can be found, but I don’t know where to find one. I’ve been in business 20 years and need to find 2 unsecured lines of credit for 25-50K each, without signing a personal guarantee. I own a corporation and already have too much of my personal property on the line, yet I need some extra cash right now for working capital. Any suggestions?

StumbleUpon It!

Reader Feedback

2 Responses to “Where can I find an unsecured, no personal guarantee, business line of credit?”

  1. Spock (rhp) says:

    about the only chance i can think of — can you sell your accounts receivable? ["factor"]

    you aren’t going to get an unsecured line from any bank but the one you’re already doing business with in this market — they aren’t looking for added risk. and my guess is you wouldn’t be asking here if your present bank hadn’t already turned you down.

  2. fartley1 says:

    Try going to 12558 W. Sucker-proof Lane, New York, New York…

Leave a Reply