Make ZERO repayments for 8 weeks! Offer valid until April 30.
Learn MoreSecured Term Loan
A secured business loan is a type of financing where you use an asset, normally property, as collateral.
Overview
A secured business loan is a type of financing where you use an asset, normally property, as collateral (kind of like a home loan). This reduces the risk for lenders, often resulting in lower interest rates, longer terms and higher loan amounts. It's an attractive choice for businesses looking to fund major projects or expand operations while leveraging their existing assets to reduce repayments.
Typical Uses
- Purchasing equipment or machinery
- Expanding office or retail space
- Financing large-scale projects
- Covering cash flow gaps during growth periods
- Consolidating existing debts
Pros
- Lower interest rates compared to unsecured loans
- Larger borrowing limits
- Longer repayment terms
- Builds credit history if repaid on time
Cons
- You are at risk of losing the asset if you don't keep up with repayments.
- The application process can be longer and more complex than other loan types.
- Limited to businesses with suitable assets.
Think About
- Is the value of the collateral worth risking?
- Will I be able to make timely repayments?
- Do I understand the loan terms and fees fully?
- Am I planning to sell the collateral soon?
- What if I want to pay off the loan early?
Potential Lenders
Further Information
MAXIMUM LOAN AMOUNT
$1,000,000+
MINIMUM LOAN AMOUNT
$10,000
SPEED
Slow
INTEREST RATE
From 7.00%
MAXIMUM LOAN TERM
MINIMUM LOAN TERM
Hear From Our Clients
This will be a short blurb about the Carpenter and his business and how financing helped his needs etc
Awards
Our milestones are a testament to the amazing people behind Valiant.
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