Can a company obtain finance without security?

Traditional lending behaviour dictates that a lender will look to take some form of security as part of any finance transaction. Security though can take the form of a simple debenture or it can require a full charge on a specific asset. 

As with any transaction which involves risk, the greater the risk, the greater the cost and rigour to assessment. So, if considering finance, are you asking these questions: 

• Does my business need finance? 

• What types of finance can my business access? 

• What security may be required? 

• What can my business offer as security for finance?  

• What is the cost of introducing finance to my business? 

If you would like to explore funding options, including unsecured finance, please contact a member of the Bishop Fleming Funding Advisory team.