Are unsecured loans better than secured ones?


#1

Which one should I opt for?


#2

Securing an unsecured business loans is quicker, owing to the simple eligibility criteria and bare minimum documentation. Given the online application process offered by Gromor Finance, it gets simpler, since the documents are vetted as soon as they are uploaded, therefore getting faster approval and disbursement.

Also, it gives you the flexibility of taking on business opportunities as and when they show up. With secured loans, there is the need to provide security/collateral and the process to get one can also be very time-consuming.