Apply for Secured Business Loans in the UK
Unlock stability and drive growth with our secured loans for businesses
Secured Business Loans UK
Our secured business loans provide a reliable and cost-effective way to secure funding for your business. Access finance ranging from £20,000 to £1,000,000 for working capital, expansion, or growth, with fixed monthly repayments designed to build confidence in your financial planning.
What is a Secured Loan
Secured loans involve providing collateral, such as property or equipment, as security for the loan. This ensures a quick and straightforward way to secure an affordable cash injection for your business.
Key Features of Our
Secured Business Loans
Collateral Security
Benefit from lower interest rates by securing your business loan with valuable assets.
Competitive Interest Rates
Enjoy competitive rates tailored to your business's financial profile.
Higher Loan Amounts
Unlock substantial funding with secured loans designed to meet your specific needs.
Types of Secured Loans
At Funding Guru, we offer a variety of secured business loan options to meet your specific needs. Explore the most common types below:
Commercial Mortgage
Secure financing against a property purchase. In the event of default, the lender may take possession of the property, selling it to recover the owed amount.
Asset Finance
Obtain a loan secured against assets like vehicles, machinery, or property. If default occurs, the lender can seize and sell the assets to recover the borrowed funds.
Bridging Finance
A short-term solution for swiftly purchasing a new property or releasing funds from an existing property. Ideal for bridging financial gaps while awaiting proceeds from a sale or approval for a long-term loan, such as a commercial mortgage.
Invoice Financing
Secure financing against outstanding invoices, repaid with a small interest amount upon invoice payment. Learn more about how invoice finance works in our detailed article.
Inventory Finance
Collateralize borrowed funds with inventory products. If unsold and the loan remains unpaid, the lender may seize the inventory to recover the outstanding amount.
Thoughts from Matt
“A secured loan can be a great way to borrow larger sums of money over a longer period of time. The lender uses assets from your business as security against the loan, meaning you can get a better interest rate and borrow more money.
But be aware that if you are not able to repay the loan, you risk losing your assets. Make sure you are able to afford the repayments so you don’t put your business and assets at risk.“
Matt Haycox
Founder and CEO, Funding Guru
How much can I borrow
Application Process for Secured Business Loans
Online Application
Fill out our online application form.
Collateral Evaluation
Our experts assess the value and feasibility of your proposed collateral.
Quick Approval
Experience a swift approval process, often within days.
Access Funds
Once approved, access the secured funds to fuel your business growth.
Why Choose Us
Tailored Solutions
Benefit from personalised and flexible financing solutions designed to meet the unique needs of your business.
Transparent Approach
Experience transparency at every step of the financing journey, ensuring clarity and confidence in your financial decisions.
Proven Success Stories
Join a community of thriving businesses that have achieved success with Funding Guru's financial expertise and support.
Industry Experience
Rely on a partner with extensive industry experience, providing you with insights and guidance to navigate the complexities of business finance.
Efficiency and Simplicity
Discover a streamlined process that makes obtaining business finance quick and efficient, allowing you to focus on what matters - growing your business.
What can a secured loan be used for
A secured loan can be used for anything, including the below.
- Purchasing or refinancing commercial property
- Hiring staff
- Buying new equipment or vehicles
- Working capital to cover payroll
- Debt consolidation
- Buying out partners or shareholders
Testimonials
Frequently Asked Questions
Secured business loans work by using your business assets as collateral to back up the loan. This could be anything valuable that your business owns, like real estate, equipment, or inventory. By offering this security, lenders are more willing to provide you with a loan at a lower interest rate because they have something to fall back on if things don’t go as planned. Essentially, it’s a way for both you and the lender to feel more confident about the loan process.
When it comes to collateral, think about anything valuable that your business owns. This could be real estate, like your office building, equipment that’s crucial for your operations, inventory, or even your receivables. Essentially, if it holds value and is part of your business, it can potentially be used as collateral to secure the loan.
Secured business loans come with several perks. First, they usually offer lower interest rates because the lender has something to fall back on. You might also be able to borrow more money and have longer to pay it back compared to unsecured loans. Plus, if you have valuable assets but a less-than-perfect credit score, a secured loan can still be within your reach, giving you the funding you need to grow your business.
Absolutely, startups can qualify for secured business loans. If your new business has valuable assets to offer as collateral, lenders may be willing to take the risk. They’ll also look at your business plan and personal credit history to make sure you’ve got a solid strategy in place. It’s a great way to get the funds you need to get your business off the ground.
Repayment terms for secured business loans can be quite flexible. They typically range from one to ten years, depending on the loan amount, the value of the collateral, and the lender’s policies. At Funding Guru, we work with you to find repayment terms that fit your business’s cash flow, making it easier to manage your finances while you grow.
Contact Us
Ready to secure your business’s financial future? Apply now for financial stability and confident growth.