business4 - - Fast small business loans are provided on the basis of certain criteria, such as the number of years in business and average gross income you make. - Unsecured business loans basically are loans without security enabling people lacking collateral to get their hands on the money needed for thier business. Business expansion is most often the reason behind applying for these loans, but be prepared to submit business information such as financial statement along with tax returns, balance sheet and profit and loss statements to the lending institution.