By using a commercial asset, such as property, equipment or land, as security against your loan, you could access a high value secured business loan. This form of lending is also known as asset-backed lending; the amount you can borrow, along with the interest rate and repayment terms, are favorable for businesses that own tangible company assets.
The Benefits of Secured Loan?
It is often cheaper to repay a secured business loan than an unsecured business loan as the repayments and interest rates are generally lower. Our lenders offer greater flexibility with their funding arrangements and can offer generous repayment terms of up to 10 years.