The specialty of collateral free loan :- Collateral-free loans do not require you to pledge any asset as security. It brings peace of mind and opens up unlimited opportunities. One can avail collateral-free loans for various purposes.

An assurance to a beneficiary that the bank will uphold a contract if the applicant and counterparty to the contract are unable to do so.

Importers and exporters normally require intermediaries such as banks or alternative financiers to guarantee payment and also the delivery of goods.

Unsecured Business Loans have an attractive advantage over secured loans, in that you do not have to provide collateral for them.