Compare Secured Business Loans

  • Secured loans are available to a wide range of commercial borrowers
  • This type of loan is secured against an asset owned by the borrower's business
  • Below you can compare secured loan offerings from some of the UK’s leading business finance providers
4 products found
  • EJ Finance Secured Loans logo
    Broker

    EJ Finance Secured Loans

    • Variety of different charges
    • Up to 80% LTV (Loan To Value)
    • Rates start at 0.4% above base
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £50,000 to £10,000,000
    • Available Terms
      1 month to 10 years
  • Funding Xchange Secured Business Loans logo
    Broker

    Funding Xchange Secured Business Loans

    • Discover instant & personalised Secured Loan offers in just 3 minutes
    • Borrow against your company's assets and get the capital your business needs
    • One search compares Secured with Unsecured lending solutions to find the best for you
    • Minimum Turnover
      £100,000 p.a.
    • Available Amounts
      £25,000 to £5,000,000
    • Available Terms
      6 months to 25 years
  • Swoop Funding Secured Business Loans logo
    Broker

    Swoop Funding Secured Business Loans

    • Use business assets including property, vehicles, machinery, debtors etc. to secure flexible funding for your business
    • Can be used for any business reason
    • Competitive rates compared to unsecured finance options
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £20,000 to £2,000,000
    • Available Terms
      2 months to 10 years
  • THINK Business Loans Secured Loans logo
    Broker

    THINK Business Loans Secured Loans

    • Match your business against 100s of eligible lenders
    • Rates from 1.2% APR (Over Base)
    • Legal charges may apply
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      From £25,000 to £10,000,000
    • Available Terms
      5 to 30 years
  • Suppliers that don't offer Secured Business Loans but may offer suitable alternatives:

    • Funding Circle logo
      Peer To Peer

      Funding Circle

      • Your business must have a minimum of 2 years’ trading history
      • A leading UK platform for Small Business Loans
      • Simple online application and decisions in as little as 1 hour
      • Rates from 4.3% to 12.1% per year - No early settlement fees
      • Minimum Turnover
        No minimum
      • Available Amounts
        £10,000 to £500,000
      • Available Terms
        2 to 6 years
    • Fluidly logo
      Broker

      Fluidly

      • YOUR BUSINESS MUST BE TRADING FOR 12 MONTHS OR MORE
      • Hassle free funding options within 30 seconds
      • Team of Funding Specialists are on hand to support your application
      • A range of products available including Recovery Loan Schemes, unsecured and asset financing
      • Minimum Turnover
        £50,000 p.a.
      • Available Amounts
        £15,000 to £10,000,000
      • Available Terms
        3 months to 7 years
    • iwoca logo

      iwoca

      • Flexible Credit Facilities of £1,000 to £200,000 for Limited Companies
      • No fees or long term commitments
      • Apply online in minutes for a decision (some decisions may take up to 24 hours)
      • Minimum Turnover
        £50,000 p.a.
      • Available Amounts
        £1,000 to £200,000
      • Available Terms
        up to 12 months
    • Fleximize logo

      Fleximize

      • Voted "Best Business Finance Provider" at the British Bank Awards 2020
      • Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
      • Interest charged on a reducing balance, repay early and only pay for the time you had the loan
      • Rates from 0.9% per month (10.8% per annum), with no additional fees
      • Minimum Turnover
        £60,000 p.a.
      • Available Amounts
        £5,000 to £500,000
      • Available Terms
        3 months to 4 years
    • NatWest Rapid Cash - Invoice Finance logo

      NatWest Rapid Cash - Invoice Finance

      • Eligibility Criteria Apply
      • Rapid Cash is an innovative, high tech solution to business financing
      • Borrow against your unpaid invoices and get a flexible line of credit from £25,000 to £1 Million
      • You could be approved within 48 hours. Security and guarantee required. Fees may apply
      • Minimum Turnover
        £100,000 p.a.
      • Available Amounts
        £25,000 to £1,000,000
      • Available Terms
        No min/max terms
    • Portman Asset Finance logo
      Broker

      Portman Asset Finance

      • Business finance broker with specialist sector experience, offering fast and flexible finance solutions
      • Access over 40 leading UK lenders
      • Over £750 million in funding provided to thousands of small-to-medium sized UK businesses
      • Minimum Turnover
        No minimum
      • Available Amounts
        £10,000 to £10,000,000
      • Available Terms
        Up to 5 years
    • Nucleus logo

      Nucleus

      • Fast service - receive your funding in 24 hours
      • Unsecured and secured business loans
      • 7 products tailored to your business
      • Minimum Turnover
        £60,000 p.a.
      • Available Amounts
        £3,000 to £50,000,000
      • Available Terms
        3 months to 8 years

Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

Last updated on 19 November 2020.

Business Secured Loans FAQ

What is a secured business loan?

A business loan is a term used to describe a variety of different types of financial lending, usually with the goal of helping a company establish itself or grow. Like personal loans, business loans can be either secured or unsecured.

A secured business loan is so named because the funds are 'secured' against a significant asset already owned by the business. The lender will be entitled to claim ownership of this asset if the borrower defaults on the loan repayments.

Is a business secured loan similar to a personal secured loan?

The principle of a business secured loan is similar to a personal secured loan, such as a mortgage. The lender provides you with a sum of money, to be paid back over a pre-agreed time period, at a set or variable interest rate.

However, the types of secured business loans available are more diverse than those available for personal loans. This is to meet the diverse requirements of businesses.

What are the benefits of a secured business loan?

Secured business loans provide companies with significant amounts of capital to help them get off the ground or implement ambitious growth strategies they would not be able to do using their cash flow alone.

Secured business loans represent a lower risk to the lender thanks to the security of the borrower's asset ? whether it's property or machinery. This means they are suitable for businesses looking to borrow larger sums of money as banks and lenders are generally more open to lending more.

The interest on a secured loan is also often lower than that of an unsecured loan, again, because the risk to the lender is reduced.

Will my company be approved for a secured business loan?

Lenders are generally more open to offering secured business loans rather than unsecured business loans because the value of your secured asset reduces their risk if you default on your repayments.

There is no guarantee that your company will be approved, however, and you can expect to go through a number of stringent checks for any application. These will include close analysis of your business's history and credit score, as well as a detailed look at your current and future business goals.

What happens if I miss a repayment on my secured business loan?

The ultimate risk of missing repayments on your secured business loan is the repossession of your asset or assets. If you foresee this happening, speak to your lender as soon as possible to see if there is any possibility of redistributing your repayments.

Are there any alternatives to a secured business loan?

If you are unwilling to use company assets as security or you just don't need to borrow a large sum of money, there are various alternatives to a secured business loan. Unsecured business loans, credit cards, credit lines and business overdrafts also offer other options when borrowing smaller sums.

Featured brands

View all Business Loans providers