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With an asset-secured equipment term loan, the business typically finances clearly defined equipment and repays on a structured schedule over 24 to 60 months, with some deals extending to 72 months for suitable collateral and cash flow. Typical amounts often sit between £100,000 and £750,000, so £600k can fit well where the asset values and repayment affordability are strong. Lenders commonly look for trading history, cash-flow to service repayments, and evidence that the asset is owned or can be offered as security.

A vehicle fleet term loan (secured) focuses on financing a group of vehicles and trailers for an existing operation, routes and customers. Terms are commonly 36 to 72 months, influenced by unit life and mileage assumptions. Typical secured SME pricing is around 6.5% to 13.5% per annum, depending on collateral strength, loan-to-value, term and affordability. Decision time is often 2 to 4 weeks when vehicle valuation and security steps are in place.

A working-capital topped term loan (secured) can be suitable when logistics spend and cash timing do not match customer receipts. Terms are typically 24 to 48 months, sometimes up to 60 months where structured as longer-term working-capital support with appropriate security. Typical secured borrowing ranges around 7.5% to 15.0% per annum, influenced by how much is allocated as working capital and the security coverage. Decisions often take 2 to 5 weeks because lenders review the operating cycle, revenue evidence and cash-flow forecasts in detail.