Unsecured Business Line of Credit Without Personal Guarantee

Written by True Tamplin, BSc, CEPF®

Reviewed by Subject Matter Experts

Updated on March 29, 2023

Ask a Financial Professional Any Question

An unsecured business line of credit can be difficult to get from a traditional lender without a personal guarantee; a promise to pay business debts without your own collateralized assets in the event of default.

However, many alternative lenders, including online lenders, may not require one.

If you don't want to risk your assets, shop round for a lender that provides what you need.

Unsecured Business Line of Credit Without Personal Guarantee FAQs

About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, or check out his speaker profile on the CFA Institute website.

Meet Mortgage Brokerages Serving Your City

Find Advisor Near You