This question often plagues small business owners. Funding is not hard to come by these days but there are always strings attached, especially to unsecured sources of funds. This type of funding is available with no need to furnish guarantee or collateral and may tempt businessmen who are faced with cash crunches every now and then.There are other options as well. One can just approach family and friends if the amount involved is not large. However, this may not be the best business financing option. Loans that take days or months to process and require collateral are best given the go by. SB owners need cash immediately and that too without any collateral. Before one applies for such loans one must know how to apply small business finance methods.First, one must assess the business position. It is necessary to know about repayment capabilities and whether such repayments would impose a fresh burden or whether deployment of finance would result in greater cash flow that would take care of repayment of installments. Smart businessmen will find out the position of creditors and debtors and if they have funds incoming, they know the loan will not impose a burden. Smart businessmen may also make use of financing for business to expand business and prepare a solid plan for implementation of funds. Businessmen who simply apply for and get loans to pay off debts may find themselves in deeper trouble unless they have a plan or get advice from experts on using finance to get out of an untenable situation. This done the next step is to know how to apply.One can just walk into the offices of a business finance lender. This means putting aside one’s regular business. The process could be extended over several sessions that involve waste of further time. Lenders may ask for a variety of documents from the borrower. The much better way is to apply online. The process is simple enough. One finds a suitable lender ready to provide funds for working businesses at short notice without any security. Just fill a form on the website and submit it. The lender gets in touch with the borrower and asks for scanned copies of proof of residence, proof of business ownership and copies of bank statements to submit along with the online form. One may specify the purpose for which the funds are needed but it is not necessary for approval of the loan. One thing to keep in mind before initiating the final application process is to find out the processing charges and upfront fees charged as well as the rate of interest. Some lenders of unsecured loans may ask for interest that could be as high as 50%. 20% is a fair rate.This done, it takes a maximum of 3 days for approval and a day more for disbursal of the amount directly into the bank account of the borrower. It is that simple.