The value sitting in your property and equipment can be used as leverage to grow your business. A secured loan turns it into capital for your next stage of growth, often at larger amounts and better rates than unsecured borrowing.
A secured business loan is finance raised against assets your business holds, most commonly property, but also equipment or other items of value. The security provided by using valuable company assets as collateral often gives you access to larger loans, longer terms and lower interest rates than an unsecured loan would offer.
You borrow based on the value of your assets. Lenders tend to give higher loans with longer terms since it’s a low-risk deal for them. You repay over an agreed term, and the charge is released when the loan is settled.
Secured lending requires valuable assets as security and takes longer to arrange, it’s ideal for larger amounts, longer terms and lower costs. Unsecured lending is quicker and keeps assets free, but usually at smaller loan amounts and higher rates. Many businesses use both at different moments. We help you weigh the trade-offs for your situation.
Commercial or residential property is most common. Depending on the lender, equipment, machinery and other business assets can also qualify. The stronger and more established the asset, the better the terms tend to be.
Security means the lender can recover the asset if the loan is not repaid, so affordability matters.
A good conversation costs nothing and often opens more doors than you would expect. Tell us where you want to take your business, and we will show you how the right funding can help you get there.
