Secured Business Finance/Homeowner Business Loans
- £20,000 to £5 Million
- 1-10 Years Terms
- All Credit Accepted
- Simple Application
- Individual Case Evaluation
- Expert Support
- No Hidden Fees
Get a FREE Quote
What is Secured Business Finance?
Secured business finance, also referred to as homeowner business loans, is loaned funding secured against a property as collateral. If you have equity stored in your home, you can release it by borrowing against them and then repaying the loan sum plus interest and broker fees. Your property is collateral if you cannot make your repayments.
When you need funds for long-term business plans, secured business finance offers capital quickly with low-interest rates. If you’ve reached the limits of your credit lines or do not have a long borrowing history to rely on, secured commercial loans can help.
Benefits of Secured Business Finance
Businesses choose secured commercial finance as it offers increased flexibility and lower repayments. You will benefit from:
Lower Interest Rates
As your property is collateral, we charge less interest.
Higher Acceptance Rate
You can take out a homeowner business loan even if you have bad credit or had a CCJ.
Larger Loan Sums
You can borrow between £20,000 and £5 million.
Who is Suitable for a Secured Business Loan?
Businesses that Want to Grow
Whether you are a start-up that wants to hit the ground running, an SME that needs to move premises and take on new staff or an international national enterprise looking for liquid capital, we can help. All you need to be is a homeowner with at least £100,000 of equity in the property.
Our loans suit any business that needs additional funds to expand its operations. Your credit history is less influential with collateral property, and you do not need to worry about high repayments as we charge lower interest rates. You benefit from peace of mind and funding.
How can Secured Business Finance Help?
You can use secured business finance for any business purpose.
Here are some of the most common ways it helps our clients:
- Buy the Perfect Premises
- Grow Your Teams
- Launch New Services
- Secure Working Capital
- Pay Surprised Bills
- Start a New Business
Application Process
You can follow our simple process for easy loan applications.
1. Speak to Our Experts
We are happy to find you the most suitable loan. Discuss your needs with our specialists to discover the best options.
2. Select Your Preferred Option and Submit Your Application
Once you choose, apply with three months of business bank statements and the property’s address details.
3. We Assess Your Case
Our experts review your case individually. We never use formulaic algorithms to determine eligibility.
4. Receive the Money in Your Bank Account
After approval, the loan sum is transferred to your bank account within days.
Why Choose Us?
We offer an individual service designed to meet your needs at every opportunity. Here is why dozens of businesses trust us:
Flexible Terms
Every business has different needs, so we cater to them. With the help of our experts, you can choose the terms that suit you.
Experienced Loan Specialists
Our team has worked with hundreds of businesses in the past, finding them the best funding solutions to boost their growth.
Personal Application Review
Some lenders use algorithms to determine your eligibility, rejecting you based on blanket criteria. We assess every application individually to give you the best chance of success.
Working with your Credit History
Securing a loan against property allows you to access funding without a long successful credit history. We often work with people taking out their first loan or those with bad credit who have had CCJs.
Our Loan Terms
As your loan is secured against property, its sum is almost unlimited. We will offer you up between £20,000 and £5 million with low-interest rates and flexible repayment terms. You can choose a short term to pay quickly. Or you can set up a long-term repayment strategy.
Available Loans Terms
- Amount: £20,000 to £5 Million
- Interest Rates: Fixed, Competitive and Negotiable
- Term: 1-10 Years
- Property: Minimum Property Equity of £100,000
- Broker Fees Apply
Are You Eligible?
It is easy to take out secured business finance. You only need to be:
- Over the age of 18
- A UK homeowner or UK home guarantor
- The owner of a UK-based business
What Documents Do You Need?
We only ask for 2 types of documents as part of your application:
- At least 3 months of business bank statements
- Address details of the property
Application Process
You can follow our simple process for easy loan applications.
1. Speak to Our Experts
We are happy to find you the most suitable loan. Discuss your needs with our specialists to discover the best options.
2. Select Your Preferred Option and Submit Your Application
Once you choose, apply with three months of business bank statements and the property’s address details.
3. We Assess Your Case
Our experts review your case individually. We never use formulaic algorithms to determine eligibility.
4. Receive the Money in Your Bank Account
After approval, the loan sum is transferred to your bank account within days.
Get Your Loan Today
If you need commercial funding, contact our secured business finance team today. They can explain your options and suggest the best terms for you.
FAQ
What is secured business finance, and how does it help businesses?
Secured business finance is funding secured against property, hence why they are often called homeowner business loans. It gives businesses capital to pursue new strategies without excessively high-interest rates and repayments.
What businesses could benefit from secured business finance?
Any business looking to grow can benefit from a secured business loan. Typically, they are great for SMEs looking to expand their operations or start-ups setting out for the first time. To take out a loan you must be a homeowner.
How much funding can I borrow?
Your loan amount depends on the property you secured it against. We will lend you between £20,000 and £2 million.
Can I get a secured business loan without putting money down?
Yes. There are no deposits with secured commercial finance. Instead, your property is collateral.
What rates do you offer?
We offer fixed rates that are negotiable and competitive, depending on your credit history, property and loan term.
How much will my secured business loan cost overall?
Your secured business loan repayment amount is the loan’s value plus the interest accumulated during its term.
When will the money be transferred to me?
Once your loan has been approved, the amount can be in your bank account within a few business days.
Can I pay back my loan early?
Of course. You can either pay back the loan in full at any point or make larger repayments.
Do I need to be a homeowner to get a secured business loan?
Yes, although you do not need to own the entire property. As long as you have at least £100,000 of equity in your home, you can take out secured business finance. If you do not own a home, you need a guarantor, who must own a home.
Is it a requirement to have a good credit score for a secured business loan?
No. As you offer property as collateral, more options are available for those with lower credit scores.
What are the alternatives to secured business finance?
You could take out a traditional business loan or a merchant cash advance. Speak to our experts today to learn which option is best for your business.
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Important Notice: We exclusively provide unregulated finance solutions to limited companies incorporated in the UK. We do not offer regulated financing. For more information, please contact our customer support team.