Both an unsecured line of credit and a secured line of credit can work well for your business―it mostly just comes down to your current needs. If you need a credit line ASAP or you simply don’t have collateral to offer, then an unsecured credit line will work better for you. But if you care more about low interest rates and long repayment terms, you’ll prefer a secured line of credit. For more information, we’ve got a guide to unsecured loans.