FINANCE OPTIONS

^Secured Business Loans for Engineering - Apply Now

Q: How much can I borrow with secured loans?

You can borrow between £10,000 and £25 million based on your asset's value and business creditworthiness. This is ideal for engineering firms looking for significant capital.

Q: How quickly can I get a decision?

Initial decisions can be made within 24 hours to 4 weeks, depending on the completeness of your application and complexity of asset valuation, offering a swift pathway for funding.

Q: What are the typical interest rates?

Interest rates range from 2% to 6% annually, influenced by market conditions and asset value, providing competitive rates for businesses.

Q: What are the eligibility requirements?

Eligibility depends on providing detailed asset valuation, creditworthiness, and business plans. This supports a range of business financing needs.

Secured business loans for engineering involve borrowing against assets, reducing lender risk and often resulting in lower interest rates. This financing option is ideal for purchasing equipment or expanding manufacturing capabilities. To explore our range of business loans, visit our dedicated page.

Business Loans

Secure up to £500,000 in Business Loans 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 Secured Business Loans for Engineering?

The main benefit of secured business loans is the potential for lower interest rates and higher borrowing amounts, depending on your asset value. This makes it a flexible option for engineering firms undergoing expansion. For an overview of our loan types, see our glossary.

Lower interest rates

Access to larger funds

Flexible repayment terms

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of Secured Business Loans for Engineering?

Asset-Based Lending

Asset-Based Lending requires valuable machinery or equipment as collateral, with typical amounts ranging from £50,000 to £5 million. To assess your eligibility for asset-based loans, you can visit our resource page.

Asset-Based Lending

This lending option offers interest rates of 3% to 6% annually, with decisions typically made within 1-2 weeks. Use cases include purchasing new equipment or expanding capabilities. Explore more about asset-based lending today.

Commercial Mortgage

Commercial Mortgages cater to those owning or planning to purchase commercial property, offering loans from £100,000 to £25 million. Learn more about our commercial mortgage options.

Commercial Mortgage

With interest rates between 2% and 5%, these loans support property purchases or refinancing, with decision times of 2-4 weeks. To delve deeper into commercial mortgages, visit our site.

Invoice Financing

Invoice Financing is available for businesses issuing invoices, providing up to £1 million or 90% of invoice values. Find out more about invoice financing solutions.

Invoice Financing

This option, ideal for bridging cash flow gaps, offers quick decision times of 24-48 hours. Discover the advantages of invoice financing on our platform.

What is a Secured Business Loan for Engineering?

Application Process

The application process requires detailed information, including asset valuation and cash flow forecasts. As experts in guiding applications, read more about asset-based lending processes online.

Regulatory Considerations

Compliance with FCA regulations is mandatory, ensuring transparency in terms. Learn how our loans adhere to FCA standards through our dedicated pages.