Unilateral loan means that one party provides funds to the other party, and the party providing funds does not need any mortgage or guarantee. In other words, a unilateral loan does not require the borrower and the borrower to sign any agreement, nor does it involve any interest rate and term arrangement. This kind of loan is usually suitable for private transactions between individuals and small companies.

Unilateral loans have certain risks, because the party providing funds can't get any guarantee and can't recover the arrears. For borrowers, unilateral loans can be a convenient source of funds, but for lenders, if borrowers fail to fulfill their obligations, they may face financial losses.

Unilateral loan is an option that can be used in some cases, but we need to be aware of the risks it brings. If you need funds to support your business or personal projects, be sure to carefully evaluate your financial situation and carefully choose your loan source. If you can't get loans from traditional banks, you can consider other options, such as loan exchange and equity financing.