FINANCE OPTIONS

^390k Secured Business Loans - Apply Now

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

The typical borrowing range is from £5,000 to £5,000,000. The exact amount depends on the value of the collateral, the business's creditworthiness, and financial health.

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

Decisions are usually made within 1 to 4 weeks, depending on the loan type and the complexity of the collateral evaluation.

Q: What are the interest rates for secured business loans?

Interest rates for secured loans typically range from 3% to 15% APR. Rates depend on the borrower's risk profile and the economic climate.

Q: What are the eligibility requirements for secured loans?

Eligibility often requires a strong credit history, ownership of qualified collateral, and thorough financial documentation.

A £390,000 secured business loan is a powerful funding solution designed to support UK SMEs in managing significant operational needs such as payroll, inventory acquisition, and capital expenditure. By leveraging this substantial loan amount, businesses can optimise cash flow, seize growth opportunities, and maintain financial stability with the backing of a trusted funding agent. This tailored financing option is ideal for companies seeking reliable, long-term support to enhance their commercial performance.

Secure up to £390,000 in Secured Business Loans with Funding Agent.

Secure up to £500,000 in Secure up to £390,000 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

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What are the ^benefits of 390k Secured Business Loans?

Secured business loans offer several key advantages such as higher borrowing caps and competitive interest rates. Access speeds depend on the asset's valuation but typically fall within a 1-4 week decision timeframe. This option makes tapping into financing resources both flexible and economically beneficial.

Flexible repayment options

Lower interest rates

Boosts business credit

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of 390k Secured Business Loans?

Property-Backed Secured Loan

Property-backed secured loans are ideal for UK entrepreneurs with available property as collateral. Loans range from £25,000 to £5,000,000 with terms up to 20 years, suiting long-term expansion plans. Property valuation plays an integral role in determining eligibility and rates.

Property-Backed Secured Loan

This option involves a detailed assessment of your property's value and ownership documentation. Interest rates span from 3% to 10% APR based on collateral worth, with sectors like manufacturing turning to this loan for their facility expansion needs. Typically, decisions are made within 2-4 weeks. More about asset valuation and conditions can be found in our resource.

Asset-Backed Secured Loan

Firms possessing significant tangible assets like machinery can benefit from asset-backed loans, typically ranging between £10,000 and £2,000,000 with a 1-7 years duration. Businesses gain funds by leveraging their assets as loan security.

Asset-Backed Secured Loan

Asset-backed loans are fantastic for businesses aiming to enhance their production capacity or technological edge. The interest rates can vary from 4% to 15% APR depending on asset relevance and value, processed over 1 to 3 weeks. Industries from tech to manufacturing capitalize on this flexibility, ensuring that they meet large project bids and operational expansions effectively. For more insights, check our comprehensive guide.

Invoice Secured Loan

Invoice secured loans, fit for enterprises issuing large invoices, secure working capital based on outstanding invoices with repayments linked to invoice payment terms. This solution is popular among growing tech firms.

Invoice Secured Loan

The process involves proving invoice validity and client creditworthiness to access amounts ranging from £5,000 to £1,000,000. With interest rates just above the base rate, such loans are highly adaptive, usually approved within a week. Industries like hospitality, where cash flow timing is crucial, find massive benefits here. Explore more at our unsecured lending section.

What is a 390k Secured Business Loan?

Application Process & Timeframes

The application process for secured loans requires submission of financial documents and proof of asset ownership. Typically, an initial credit decision is reached within 1-4 weeks. Further guidance on these processes can be found on our starter guides.

Regulatory Compliance

The FCA oversees UK secured lending to ensure transparency and fair play among lenders. Compliance with anti-money laundering and consumer protection regulations is mandatory. For more on regulatory guidance, refer to our business financing advisory.

Borrowing Capacity & Rate Factors

Your borrowing capacity under a secured loan is mainly influenced by your collateral's type and value. Typical APR ranges from 3% to 15%, contingent on economic conditions and borrower risk profile. Notably, additional fees like valuations or legal costs apply. Our section on borrowing options sheds more light on these factors.