Business Loans
Secured Business Loans

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

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Funding Circle Business Loans

Funding Circle, supporting small businesses for over 10 years
Offering Small Business Loans & Government’s Recovery Loan Scheme
4 out of 5 customers will go back to Funding Circle first over their bank

See Your Loan Options

Choose your business loan type

Business Loans All business loan types

Asset Financing Secure finance against your assets

Bridging Loans Short term property backed finance

Secured Loans Loans secured against assets of the business

RLS Recovery Loan Scheme

4 products found

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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
See Deal + More info
Company details
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
Eligibility Criteria
- Must be a homeowner
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
See Deal + More info
Company details
- Access 70 lenders from one simple funding request
- Easily compare the choices available, including RLS options
- Apply with confidence, no impact on your credit score
Eligibility Criteria
- Your business must have been trading for a minimum of 2 years
- Your business must have an annual turnover of at least £100,000
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
See Deal + More info
Company details
- Simple, secure and speedy search of 1,000 funding providers without affecting your credit rating
- Free access every type of finance including the Recovery Loan Scheme
- Speak to Swoop’s team of five-star Trustpilot rated experts
Eligibility Criteria
- Must be based in the UK
- Must have an annual turnover of £50,000+
- Must have been trading for 12 months or more
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
See Deal + More info
Company details
- THINK's funding platform matches your businesses eligibility against hundreds of lenders instantly (without a credit check)
- THINK are the UK's leading business lending specialists; their experts are on hand to guide you through the process
- Find the perfect loan in minutes - Make the lender work for you
Eligibility Criteria
- Must have at least 6 months' trading history
- Borrower must be a homeowner

Suppliers that don't offer Secured Business Loans but may offer suitable alternatives:

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
See Deal
Company details
- 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
Eligibility Criteria
- 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
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
See Deal
Company details
- 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
Eligibility Criteria
- 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
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
See Deal
Company details
- 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)
Eligibility Criteria
- 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)
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
See Deal
Company details
- 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
- Apply online in minutes, receive funds in as little as 24 hours.
Eligibility Criteria
- Minimum annual turnover of £60,000 p.a.
- Borrow between £5,000 and £500,000
- Business activities must be UK-based and impacted by Covid-19
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
See Deal
Company details
- 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
Eligibility Criteria
- 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
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
See Deal
Company details
- 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
Eligibility Criteria
- 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
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
See Deal
Company details
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
Eligibility Criteria
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business

Also for Business

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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.