Financing is based on the nature of the business. Business owners can borrow money based on the requirements and they can be able to select whether they will go through secured or unsecured loans.
Small business who wants to get larger loans, they should choose secured loans. This kind of loan will require you to put some valuable collateral.
If borrowers need only small amount, then they can go for unsecured loans. This kind of loan does not require putting collaterals.
Your homework when getting small business financing is to provide a business plan with complete and clear details. Through a business plan, you can be able to determine how much money you need to borrow. This will help you get the exact amount you needed so that your loan is not at risk.