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Unsecured Business Loans Market to grow by USD 5.85 Bn by 2026, Demand For Efficiency In Business Lending Operations to Boost Growth

Unsecured Business Loans Market to grow by USD 5.85 Bn by 2026, Demand For Efficiency In Business Lending Operations to Boost Growth

NEW YORK, Nov. 1, 2022 /PRNewswire/ — The unsecured business loans market size is expected to grow by USD 5.85 billion during 2021-2026, at a CAGR of 16.19{797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b} during the forecast period, according to Technavio. The demand for efficiency in business lending operations, the rise in adoption of cloud-based loan servicing offerings, and increasing fintech investments by large banks and governments will offer immense growth opportunities. However, factors such as compliance and regulatory challenges may impede market growth. Request Free Sample Report.

Unsecured Business Loans Market 2022-2026: Segmentation

  • Type 
    • Short Term Loan
      • During the anticipated period, the short-term loan segment will significantly increase its market share in unsecured business loans. An unsecured loan can have a term of anywhere between six and twelve months. This enables business owners to take a break from making regular EMI payments to repay their loans. Additionally, the short-term loan makes it simpler for borrowers to maintain a healthy cash flow.
    • Medium Term Loan
    • Long Term Loan
  • Geography 
    • North America
      • North America will account for 34{797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b} of market growth. In North America, the US is the primary market for unsecured business loans.  Unsecured business loan market growth in North America will be facilitated by the presence of nations like the US, which is among the most technologically advanced nations and is a pioneer in the adoption of technologies like artificial intelligence (AI) and the Internet of Things (IoT).
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses, buy a sample report.

Unsecured Business Loans Market 2022-2026: Scope

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources. Our unsecured business loans market report covers the following areas:

This study identifies the increasing number of SMEs as one of the prime reasons driving the unsecured business loans market growth during the next few years.

Unsecured Business Loans Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Unsecured Business Loans Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Unsecured Business Loans Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

  • American Express Co.: The company offers unsecured business loans where one can select a monthly payment option and provide some additional information about the business.
  • Bank of America Corp.: The company offers unsecured business loans where one needs to just submit one simple online application and be considered for a loan by the bank and foundation.
  • Coastway Community Bank: The company offers unsecured business loans and financing solutions for businesses in the North Puget Sound region which include from small business loans to commercial loans and short lines of credit.
  • Credit Suisse Group AG: The company offers unsecured business loans that help consumers make empowered financial decisions with free, personalized tools and trackers.
  • JPMorgan Chase and Co.: The company offers unsecured business loans that help to launch the next venture or invest in the future growth of the business of a consumer.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.

Unsecured Business Loans Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist unsecured business loans market growth during the next five years
  • Estimation of the unsecured business loans market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the unsecured business loans market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of unsecured business loans market vendors

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Unsecured Business Loans Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 16.19{797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b}

Market growth 2022-2026

$5.85 billion

Market structure

Fragmented

YoY growth ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})

15.78

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 34{797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b}

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

American Express Co., Bank of America Corp., Bank of China Ltd., Biz2Credit Inc., Bluevine Inc., BNP Paribas SA, Coastway Community Bank, Credit Suisse Group AG, Deutsche Bank AG, Funding Circle Holdings Plc, HDB Financial Services Ltd., JPMorgan Chase and Co., National Funding Inc., On Deck Capital Inc., Rapid Finance, Shamrock Bank N.A, TD Bank Group, The Goldman Sachs Group Inc., UBS Group AG, and Wells Fargo and Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

  • 1.1 Market Overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type – Market share 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 25: Data Table on Type – Market share 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Short term loan – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Short term loan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Short term loan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Short term loan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 31: Data Table on Short term loan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 5.4 Medium term loan – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Medium term loan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Medium term loan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Medium term loan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 35: Data Table on Medium term loan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 5.5 Long term loan – Market size and forecast 2021-2026
    • Exhibit 36: Chart on Long term loan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Long term loan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Long term loan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 39: Data Table on Long term loan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 5.6 Market opportunity by Type
    • Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 43: Data Table on Market share by geography 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.9 UK – Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.10 Germany – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.11 China – Market size and forecast 2021-2026
    • Exhibit 78: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 81: Data Table on China – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.12 Japan – Market size and forecast 2021-2026
    • Exhibit 82: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Japan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
    • Exhibit 85: Data Table on Japan – Year-over-year growth 2021-2026 ({797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b})
  • 7.13 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026

9 Vendor Landscape

  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 American Express Co.
    • Exhibit 93: American Express Co. – Overview
    • Exhibit 94: American Express Co. – Business segments
    • Exhibit 95: American Express Co. – Key offerings
    • Exhibit 96: American Express Co. – Segment focus
  • 10.4 Bank of America Corp.
    • Exhibit 97: Bank of America Corp. – Overview
    • Exhibit 98: Bank of America Corp. – Business segments
    • Exhibit 99: Bank of America Corp. – Key news
    • Exhibit 100: Bank of America Corp. – Key offerings
    • Exhibit 101: Bank of America Corp. – Segment focus
  • 10.5 Coastway Community Bank
    • Exhibit 102: Coastway Community Bank – Overview
    • Exhibit 103: Coastway Community Bank – Product / Service
    • Exhibit 104: Coastway Community Bank – Key offerings
  • 10.6 Credit Suisse Group AG
    • Exhibit 105: Credit Suisse Group AG – Overview
    • Exhibit 106: Credit Suisse Group AG – Business segments
    • Exhibit 107: Credit Suisse Group AG – Key offerings
    • Exhibit 108: Credit Suisse Group AG – Segment focus
  • 10.7 Funding Circle Holdings Plc
    • Exhibit 109: Funding Circle Holdings Plc – Overview
    • Exhibit 110: Funding Circle Holdings Plc – Product / Service
    • Exhibit 111: Funding Circle Holdings Plc – Key offerings
  • 10.8 JPMorgan Chase and Co.
    • Exhibit 112: JPMorgan Chase and Co. – Overview
    • Exhibit 113: JPMorgan Chase and Co. – Business segments
    • Exhibit 114: JPMorgan Chase and Co. – Key offerings
    • Exhibit 115: JPMorgan Chase and Co. – Segment focus
  • 10.9 On Deck Capital Inc.
    • Exhibit 116: On Deck Capital Inc. – Overview
    • Exhibit 117: On Deck Capital Inc. – Product / Service
    • Exhibit 118: On Deck Capital Inc. – Key offerings
  • 10.10 Shamrock Bank N.A
    • Exhibit 119: Shamrock Bank N.A – Overview
    • Exhibit 120: Shamrock Bank N.A – Product / Service
    • Exhibit 121: Shamrock Bank N.A – Key offerings
  • 10.11 The Goldman Sachs Group Inc.
    • Exhibit 122: The Goldman Sachs Group Inc. – Overview
    • Exhibit 123: The Goldman Sachs Group Inc. – Business segments
    • Exhibit 124: The Goldman Sachs Group Inc. – Key news
    • Exhibit 125: The Goldman Sachs Group Inc. – Key offerings
    • Exhibit 126: The Goldman Sachs Group Inc. – Segment focus
  • 10.12 UBS Group AG
    • Exhibit 127: UBS Group AG – Overview
    • Exhibit 128: UBS Group AG – Business segments
    • Exhibit 129: UBS Group AG – Key offerings
    • Exhibit 130: UBS Group AG – Segment focus

11 Appendix

  • 11.2 Inclusions and exclusions checklist
    • Exhibit 131: Inclusions checklist
    • Exhibit 132: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 133: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 134: Research methodology
    • Exhibit 135: Validation techniques employed for market sizing
    • Exhibit 136: Information sources
  • 11.5 List of abbreviations
    • Exhibit 137: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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