Unsecured business loans are risk-free as you do not have to pledge any collateral. Getting an unsecured business loan with bad credit may seem difficult, but it is possible if you can do a thorough research and approach the right lender.

There are web-based online lenders who analyse your business performance and extend credit to finance your business even if you have a bad business credit score. Besides, some banks also provide unsecured business loans to individuals at higher interest rate.