Unsecured loans are credit without collateral. They offer access but usually at higher cost and with distinct risks for lenders and borrowers. Modern underwriting and regulation have increased transparency, though informal markets persist.
Businesses with poor credit can still access funding through higher-cost loans, collateralized financing, equity deals, and alternative lenders. Compare costs, understand risks like personal guarantees, and plan to improve credit to refinance later.
Despite growth in microfinance, digital platforms, and government schemes, women entrepreneurs in India still face finance gaps, mobility limits, care burdens, and market access challenges. Targeted policies and digital tools help, but structural barriers persist.