Unsecured Loans For Business: 3 Best Comparison
Securing reliable credit with minimal terms and conditions is the wish of every entrepreneur, small and large businesses looking for unsecured loans for business. However, due to a market filled with a variety of lenders, collaborating with the best one can be a bit tricky. So, to help you understand everything from loan application to getting the final loan, this guide will give you a solid comparison of 3 top lenders. We will review BitX Capital, BHG Money, and Kapitus with their products, financing terms, amount allowed credit history flexibility, and much more. So, stay tuned to the end.
“Choosing BitX Capital means entrusting your loan search to experts who understand the nuances of alternative lending. We connect you with the perfect lender and loan, safeguarding your time, finances, and credit score. With BitX Capital, your path to funding is not just efficient, but also protective and rewarding.” – Todd Rowe, President, and Owner of BitX Capital
BitX Capital – Connect with the Right Loan & Right Lender
This loaning firm, led by President and Owner Todd Rowe, was established in 2014 to fund various ventures. Todd came up with a trademark slogan, “We Fund Businesses.” BitX Capital aims to connect entrepreneurs with the right lenders to meet their financial needs. BitX offers a comprehensive range of 10 credit products and provides personalized assistance throughout the application process. Let’s uncover the products one by one:
BitX Capital Products
BitX Capital acts as a virtual marketplace for easy and quick loans, allowing businesses to easily connect with the most appropriate lenders through a single application. If you are also an entrepreneur, small or large business, and seeking the best lender with low terms & conditions, then BitX can be your helper. This enables you to secure the right loan for their specific needs, whether it’s an SBA 7a, startup loan, short-term loan, midterm loan, merchant cash advance, or business line of credit. BitX team will connect you with a huge pool of reliable and trustworthy lenders to check variations and provide unsecured loans for business. Here, you will find all the products with their details:
Details of Product Types
| Loan Name | Revenue Needed | Credit Score | Business Type | Loan Term | Amount Allowed |
| Small Business Loans | $10k/year | 500+ | Startups | 1-% Years | $5K – $500K |
| Short Term Loans | $10k/year | 500+ | 6 months in business | 3-24 months | $5k – $500K |
| Merchant Cash Advance | $10k/year | 500+ | 6 months in business | 3-24 months | $5k-$5M |
| Mid Term Loans | $250k/year | 650+ | 2 years in business | 1-5 years | $25k to $500k |
| SBA 7a Loan | $250k/year | 680+ | 2 years in business | Up to 25 years | $5 million |
| Equipment Financing | Pre Revenue | 600+ | Start up welcome | 1-5 years | $250,000 Per |
| Start Up Loans | Personal income >$50k | 700+ | Pre-revenue | 5-7 years | $25k – $500K |
| Inventory Financing | $500k/year | 650+ | 2 years in business | Revolving | $500k-$20MM |
| Factoring Receivables | $140k/year | 600+ | Startup with >$20K in monthly receivables | 30/60/90 days | Up to 100% of invoice value |
| Business Line of Credit | >$250K?year | 650+ | >$25K in monthly revenue | Revolving | $250,000 |
BitX Capital Works on 4 Fundamental Norms
- BitX is Bonded and Insured
Their cybersecurity protects you against any mishap. Our encryption ensures that your data is safe with us.
- BitX Comes from Experience
Their staff members are well-trained and knowledgeable about the best banking practices. After all, BitX emerged as a solution to problems.
- BitX is Trusted, Safe, and Secure
They have a broker’s license (check license), bank-level encryption, multifactor authentication, and cloud-based enterprise-level infrastructure.
- BitX is Ever Evolving
They’re associated with lender associations, keeping up with the latest trends and growing with each experience.
Pros of BitX Products
– A wide selection of credit products to cater to specific needs
– Connects borrowers with a huge network of lenders for more options and variations
– Provides secure and safe transactions with cybersecurity and encryption measures
– Backed by experienced staff knowledgeable in banking practices
– Continuously evolving and catching up with the latest trends in the lending industry
Cons
– With such a wide range of lenders, it can be overwhelming and time-consuming to compare the options.
– Specific details of each credit product may not be readily available, requiring borrowers to spend extra time researching and gathering information.
- BHG Money
Founded in 2001, BHG Money, powered by BHG Financial, was launched to offer lending solutions specific to the individual needs of professionals. Over the years, their business has experienced remarkable growth, and they continue to prioritize providing our clients with an exceptional lending experience.
BHG offers two main types of loans, including business and personal loans. Credits under both terms are different and have different terms and conditions.
Business Loans
| Loan Name | Revenue Needed | Credit Score | Business Type | Interest Rate | Amount Allowed |
| Consolidate debt | $149K/year | 721+ | No minimum requirement | Not fixed | View your estimate |
| Establish new income streams | $150K/year | 746+ | No minimum requirement | Fixed | View your estimate |
| Invest in your existing business | $155k/year | 738+ | No minimum requirement | Fixed | View your estimate |
| Grow your medical practice | $366k/year | 738+ | No minimum requirement | Fixed | View your estimate |
Whether you’re looking to consolidate your debts, make home improvements, or finance life events, BHG Money offers personal loans customized to your specific needs. With mortgage amounts up to $200,000 and low monthly payments, BHG can help you cover both your needs and wants. BHG offers competitive interest rates and no hidden fees. Their financing terms are flexible and custom-made to your individual needs. They are committed to providing you with the best lending experience possible and unsecured loans for business.
Pros
1. BHG Money offers a vast network of lenders, providing borrowers with a wide range of loan options and variations.
2. The company ensures secure and safe transactions through robust cybersecurity and encryption measures, protecting borrowers’ sensitive information.
3. With experienced staff knowledgeable in banking practices, BHG Money provides expertise and guidance throughout the lending process.
4. They stay up to date with the latest trends in the lending industry, constantly evolving to offer innovative solutions to their clients.
5. The company is committed to providing exceptional lending experience, prioritizing customer satisfaction, and tailoring solutions to meet professional needs.
Cons
– BHG Money’s loans have high interest rates compared to other lenders in the market, which may result in higher overall costs for borrowers.
– The credit approval method can be lengthy and time-consuming, potentially causing delays for individuals who need quick access to funds.
- Kapitus
Kapitus understands that every business has unique financing needs, and their goal is to provide the best solution for each business. By partnering with a network of trusted lending partners, Kapitus ensures that they can provide a variety of finance options to fit the specific needs of their clients. Business owners can save time and effort by applying to multiple lenders with just one application, giving them the peace of mind to focus on running and expanding their business.
Kapitus understands that every business has unique financing needs, which is why it has a diverse range of funding options. From Revenue Financing to Helix® Healthcare Financing, Business Loans to SBA Loans, Line of Credit to Invoice Factoring, and Equipment Financing, Kapitus has a solution for every business. By collaborating with a network of trusted lenders, they streamline the application process, saving businesses time and effort. With Kapitus, companies can focus on what matters most: running and expanding their operations.
| Loan Name | Revenue Needed | Credit Score | Business Type | Loan Term | Amount Allowed |
| Revenue based business | $250k/year | 625+ | 2 years in business | View your estimate | |
| Helix® Healthcare Financing | $120k/Monthly | 600+ | licensed practitioner | View your estimate | |
| Business loans | $250k/year | 625+ | 2 years in business | View your estimate | |
| SBA loans | $250k/year | 680+ | 2 years in business | View your estimate | |
| Line of credit | $180k/year | 650+ | 2 years in business | View your estimate | |
| Invoice factoring | $180k/year | 650+ | 2 years in business | View your estimate | |
| Equipment Financing | Equipment invoice | 675+ | 3 years in business | View your estimate |
Pros of kapitus
1. Kapitus offers a wide range of financing solutions for different types of businesses.
2. With Kapitus, businesses can save time and effort by applying to multiple lenders with just one application.
3. The partnership with a network of trusted lenders streamlines the application process for businesses.
4. Kapitus understands that every business has unique financing needs and offers diverse loan options to cater to those needs.
5. By providing customized financing solutions, Kapitus allows businesses to confidently focus on running and expanding their operations.
Cons
1. One potential drawback of Kapitus is that its funding options may not be suitable for businesses with very specific or niche financing needs. Businesses in unique industries or with unconventional revenue models may have difficulty finding the financing option that fits their requirements.
2. Another con of Kapitus is that their credit may charge a higher rate than other lenders. It is important for businesses to carefully consider the terms and costs associated with Kapitus loans before planning on acquiring one of their unsecured loans for business.
Why is BitX Capital the Best in Town?
BitX Capital is considered the best in town because it is determined to provide customized financing solutions to businesses. They understand that every business has unique needs, and they offer a diverse range of loan options to cater to those needs. Additionally, their partnership with a network of trusted lenders allows for a streamlined application process, saving businesses time and effort. With BitX Capital, businesses can confidently focus on running and expanding their operations, knowing that they have a reliable financing partner.
Final Thoughts!
While Kapitus has a wide range of financing options, BitX Capital stands out as the best choice for businesses. With its custom financing program and streamlined application process through a network of trusted lenders, BitX Capital ensures that companies can easily find the funding that suits their unique needs such as unsecured loans for business. Moreover, its dedication to supporting businesses allows entrepreneurs to focus confidently on their operations, knowing they have a reliable and flexible financing partner in BitX Capital.
Ready to secure your funding with confidence? Apply now or call and speak with a loan specialist at 203-763-1430 ext. 101. Don’t wait, take the first step toward financial empowerment today!