Every business, small or big, requires fixed and working capital to run the business activities smoothly. Lack of funds may sabotage the ambitious growth plans of your Organization. Thankfully, you need not to compromise on your fast track growth plans because you may avail Business Loans from various banks. You have the options to avail either a secured or an unsecured business loan. Secured Business Loan: Secured Business loans are cheaper as compared to unsecured business loans because you need to keep something as collateral or security against the loan amount. This security may be your stock, finished products, land, machinery or anything else as agreed between you and the lender. Unsecured Business Loan: Banks may fund your business without any security or collateral also by analyzing your credit worthiness. Credit worthiness of a business requires detailed analysis by bank authorities in terms of entrepreneur’s personal credentials, industry margins, balance sheets, profit and loss accounts, past loan tracks etc. Unsecured Business Loans are costlier than secured business loans.