Traditional Loans vs. Unsecured Loans

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from Harvard University - Harvard Business School
in Austin, TX, USA

2yrs ago

Traditional Loans vs. Unsecured Loans

Hello. Can someone help me to better understand the differences and pros/cons between taking a loan from a traditional lender versus an unsecured loan. A hybrid loan option that includes an unsecured loan came up during a call with a lender while I was discussing SBA loan and I wanted to ensure I fully understand it. Any major considerations I should I pay attention to? Thank you and appreciate it.

0 Likes

53 Views

reply by a lender 2yrs ago
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA

Unfortunately I would likely need more context to what options you were discussing. In general if you are looking for business acquisition financing there really is not a "unsecured" loan option. Just about any lender is going to want a priority security interest in the business you are buying. Unless you are looking to borrow some money personally, which might be deemed unsecured, then that might be an option. But we typically do not see unsecured with business loans. I would be happy to talk through the various financing options available at any time. You can reach me here or directly at redacted