FINANCE OPTIONS

^240k Secured Business Loans - Get Funding Now

Q: How much can I borrow with a secured business loan?

Secured business loans in the UK typically allow borrowing from £10,000 upwards with no strict upper limit, dependent upon the value of owned collateral and financial health of the business. Our solutions can tailor to your specific asset base.

Q: How quickly can I get a decision on my loan application?

Initial decisions for secured business loans range from 2 days to 6 weeks, influenced by the complexity of the application and due diligence requirements. We streamline this to ensure you have access to funds as swiftly as possible.

Q: What are the typical rates for secured loans?

Interest rates for secured business loans are usually between 3.5% and 7% APR, varying based on asset value, business creditworthiness, and current economic climate. Additional fees may include legal and valuation charges.

Q: What are the eligibility requirements for secured business loans?

To qualify, businesses typically need to possess significant assets like commercial property or equipment, a sound credit history, and an ability to demonstrate loan repayment capacity. We help assess your position to meet these criteria efficiently.

A £240,000 secured business loan provides UK SMEs with substantial capital to support critical operational needs such as expanding inventory, managing payroll, or refinancing existing debts. As a trusted Funding Agent, we facilitate access to this tailored financing solution, enabling businesses to stabilise cash flow and fuel sustainable growth with competitive terms and reliable security.

Secure up to £240,000 in Secured Business Loans with Funding Agent.

Secure up to £500,000 in Secure up to £240,000 in Secured Business Loans with Funding Agent. with Funding Agent.

Quick and easy application process
Loan disbursed within 24 hours
No additional charges for early repayment

Apply Now

What are the ^benefits of 240k Secured Business Loans?

The primary benefit of secured business loans lies in their cost-efficiency and flexibility. They offer reduced interest rates and potential tax advantages, alongside high borrowing limits. Furthermore, the streamlined application process allows businesses access to necessary funds promptly, as seen in detailed business loan structures.

Access to larger funds

Lower interest rates

Flexible repayment terms

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of 240k Secured Business Loans?

Commercial Property Loan

Commercial property loans are tailored for businesses with owned property who can secure financing based on valuation. These loans, ranging from £100,000 upwards, provide funds to facilitate commercial mortgages.

Commercial Property Loan

With lending terms extending from 12 to 300 months, commercial property loans offer flexible repayment schedules. The interest rates typically between 4% to 6% APR, allow businesses in sectors like retail and hospitality to finance property expansions. Decision times are comfortably placed between 2 to 6 weeks, enabling timely planning. Explore further with our detailed guide.

Asset Finance

For businesses with significant assets such as machinery or vehicles, asset finance provides a practical option. Funding amounts span £10,000 to £500,000, making it an ideal choice for companies looking for asset finance solutions.

Asset Finance

The process involves evaluating the asset's worth while allowing businesses to secure funds efficiently. Lending terms range from 12 to 60 months, maintaining a balance of affordability with fixed rates between 3.5% to 7% APR. This is particularly beneficial for sectors like manufacturing and transport. Get more insights on asset finance.

Invoice Financing

Invoice financing unlocks up to 90% of the invoice value quickly, from as low as £5,000, providing solutions for cash flow management within invoice finance.

Invoice Financing

This financing option carries a monthly fee of 0.5% to 3% on invoice value, making it a preferred solution for covering short-term expenses in industries such as manufacturing and tech. Decision times vary from 2 to 7 days, facilitating rapid financial support. Learn more about easing your cash strain with invoice financing.

What is a 240k Secured Business Loan?

Application Process and Timescales

The secured loan process is comprehensive, involving asset appraisal and extensive due diligence. Average initial decisions take between 2 days to 6 weeks, with funds typically disbursed shortly thereafter. Leverage our application support for a smooth experience.

Regulatory Compliance

UK's secured loans are regulated under FCA guidelines to promote fair lending and transparency. Businesses must be aware of these regulations to ensure compliant borrowing. Our expertise in this field ensures a compliant journey for all clients. Discover more about our solutions.

Borrowing Capacity and Rates

The amount businesses can borrow depends on the collateral's value and financial standing, with no strict upper limit defined. Interest rates are competitively set, influenced by asset type and economic climate. Get full details on structuring an optimal loan with our borrowing options.