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What is an unsecured loan? How does it differ from a secured loan?

A secured business loan is money borrowed or secured against an asset you already own. This could be something like a car, premises or anything or value that will be used to secure payment to the creditor in the event that you are unable to repay the loan. In contrast, an unsecured business loan doesn’t require you to provide anything as security. Instead, you borrow a lump sum and then pay this back with interest over an agreed timeframe.

Go to: 'Admin' > ‘Invoices & Bills’ > 'Manage' > 'Template' in the app or on the web, to update your company logo, and:

  • Email address

  • Invoice address

  • Phone number

  • Default due date

To see how your invoice looks after any changes, select 'Preview' at the bottom of the screen.

If you’re using Invoice Assistant, you can choose from 2 more invoice templates.

** Invoice Assistant is our invoicing add-on – you can get it on its own or as part of our Admin Essentials and Admin Extra bundles.  If you want to use Invoice Assistant, but have an available free trial for Admin Extra, you must use the free trial first. Then, if you don’t want to stay on Admin Extra when your trial is up, you can downgrade before it ends, and sign up for Invoice Assistant only.  See more about Tide Accounting options here.

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