Unsecured small business loans are loans that are available for small business owners needing cash to aid their businesses. These loans are obtainable with predetermined interest rates that you will have to pay regularly every month. Unsecured loans are available in small amounts up to over a hundred thousand dollars, depending on your status. The interest rate that you have to pay for this kind of loan depends upon the rating of your credit, and you can expect it is more than the rate applied by secured loans, but it is significantly lower than the rates used by most credit card operators. The amount borrowers have pay each month vary, depending on the amount secured and its corresponding interest rate and the length of time it takes to finish paying the loan. Repayment term ranges from 24 to 84 months. [Read more…]