A secured business loan is a loan that is usually secured against business assets. Typically secured business loans range from £50,000 to £3 million. It can be used for many different legal purposes and typically used where there is a need to borrow larger sums of money.
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The benefits of a secured business loan:
Flexible repayment terms from 1 – 36 months+
Borrow £25,000 to £3m+
Lower rates of interest
Available to start-ups
Do I Qualify?
To qualify for a unsecured business loan, your business must:
Be based in the UK
Be a Limited Company (Not available to sole traders)
Trading for at least 3 months
If you don’t meet this criteria, don’t worry! We have a wide range of other business finance options available for you.