Is a second mortgage better than a caveat loan?
January 9, 2026What are the minimum requirements for an unsecured business loan?
January 9, 2026Most lenders require a business to have been trading for at least 6 to 12 months. That said, some newer businesses may still be considered if revenue is strong, contracts are in place, or invoices can be verified.
However, shorter trading history typically limits loan size and increases pricing. As a result, newer businesses should approach unsecured finance cautiously and with clear repayment planning.