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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.

You can find your EUR SEPA details in your Tide app by tapping 'Details' next to your account, and then tapping 'EUR SEPA'. By clicking on 'Share' you will be able to share your details with your payors. If someone needs to pay you in GBP from overseas, they should use your GBP account details.

You can find these details in your Tide app by tapping 'Details' next to your main account > 'SWIFT' > 'Share'. International payments in GBP are usually sent to you via the SWIFT network.

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