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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THINK Business Loans

Speak to one of our dedicated FCA regulated experts
Find the right funding for your business in minutes
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Check your eligibility

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 Coming Soon

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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
Company details

Funding Xchange’s free service matches your eligibility against over 50 lenders in seconds

Complete your application online in as little as 3 minutes and you could get funded in a few hours

It's simple, safe and free and the search won’t affect your credit rating

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
See Deal More info
Broker
Newable Secured Loans

Same day decision

Secured loans for any purpose

Adverse credit considered
- Minimum Turnover
  £250,000 p.a.
- Available Amounts
  £100,000 to £20,000,000
- Available Terms
  3 months to 25 years
Company details

Newable Finance is an FCA regulated commercial finance broker with access to 200+ lenders

Your application will be managed by an experienced advisor, specialising in fast approvals

No broker fees and no commitment

Eligibility criteria

Must have been trading for at least 12 months

All sectors covered
See Deal More info
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
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
See Deal More info

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

Broker
THINK Business Loans

Find the right loan to suit your needs from a range of finance types

Check your eligibility without a credit check

Dedicated FCA regulated experts on hand to support your application
- Minimum Turnover
  £100,000 p.a.
- Available Amounts
  £50,000 to £10,000,000
- Available Terms
  1 to 10 years
Company details

Find the right loan to suit your needs from a range of finance types

Check your eligibility without a credit check

Dedicated FCA regulated experts on hand to support your application

Eligibility criteria

Find the right loan to suit your needs from a range of finance types

Check your eligibility without a credit check

Dedicated FCA regulated experts on hand to support your application
See Deal
Broker
EJ Finance

Application-to-offer within 24 hours

To be contacted within 3 minutes of applying

Access to over 200+ lenders, covering all sectors
- Minimum Turnover
  £50,000 p.a.
- Available Amounts
  £10,000 to £10,000,000
- Available Terms
  1 months to 10 years
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

Application-to-offer within 24 hours

To be contacted within 3 minutes of applying

Access to over 200+ lenders, covering all sectors
See Deal
Ignite

Your business must be trading for 24 months or more

Specialist provider of mutlidrawdown credit facilities

Unsecured, flexible funding available for small businesses

Simple registration process - get a decision within 2-4 hours, and funding within 24 hours if approved
- Minimum Turnover
  £60,000 p.a.
- Available Amounts
  £3,000 to £500,000
- Available Terms
  3 months to 10 years
Company details

Specialist provider of mutlidrawdown credit facilities

Unsecured, flexible funding available for small businesses

Simple registration process - get a decision within 2-4 hours, and funding within 24 hours if approved

Eligibility criteria

Specialist provider of mutlidrawdown credit facilities

Unsecured, flexible funding available for small businesses

Simple registration process - get a decision within 2-4 hours, and funding within 24 hours if approved
See Deal
Broker
Fluidly

YOUR BUSINESS MUST BE TRADING FOR 12 MONTHS OR MORE

Instantly see funding products your business is eligible for, from across the market (no credit checks)

A dedicated 5-star rated Funding Specialist on hand to support your application end-to-end (no hidden fees)

Range of products available including CBILS, unsecured loans and asset financing
- Minimum Turnover
  £100,000 p.a.
- Available Amounts
  £50,000 to £10,000,000
- Available Terms
  1 to 10 years
Company details

Hassle free funding options within 30 seconds

Team of 5-star rated Funding Specialists are on hand to support your application

A range of products available including CBILS, unsecured and asset financing

Eligibility criteria

Hassle free funding options within 30 seconds

Team of 5-star rated Funding Specialists are on hand to support your application

A range of products available including CBILS, unsecured and asset financing
See Deal
Lombard

Lombard specialises in business car finance

Lombard offers a comprehensive range of asset finance solutions

A simple finance solution with a credit decision in 24 hours for transactions up to £150,000

Security, guarantees or indemnities may be required. Product fees may apply. Finance is subject to status and is only available for business purposes
- Minimum Turnover
  No minimum
- Available Amounts
  Up to £150,000
- Available Terms
  1 to 7 years
Company details

Lombard is one of the UK’s oldest and largest asset finance partners

They have helped thousands of businesses invest in their future’s every day

Lombard have won Best Leasing and Asset Finance Provider at the Business MoneyFacts Awards every year from 2009 to 2018

Eligibility criteria
See Deal
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
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
See Deal
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
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)
See Deal
Broker
Portman Asset Finance

Business finance broker with specialist sector experience to offer fast and flexible finance solutions

Access over 40 leading UK business finance providers

Dedicated Recovery Loan Scheme account managers
- Minimum Turnover
  £150,000+ p.a.
- Available Amounts
  £10,000 to £10,000,000
- Available Terms
  Up to 5 years
Company details

Business finance broker with specialist sector experience to offer fast and flexible finance solutions

Access over 40 leading UK business finance providers

Dedicated Recovery Loan Scheme account managers

Eligibility criteria

Business finance broker with specialist sector experience to offer fast and flexible finance solutions

Access over 40 leading UK business finance providers

Dedicated Recovery Loan Scheme account managers
See Deal
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
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
See Deal
Start Up Loans (British Business Bank)

Interest rate of fixed 6% per annum

Receive business mentoring and support after drawing down your loan

No application fees or early repayment fees
- Minimum Turnover
  No minimum
- Available Amounts
  £500 to £25,000
- Available Terms
  1 to 5 years
Company details

Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business

Start Up Loans have helped over 40,000 businesses get started in the UK

Free application support

Free post-loan business mentoring

Eligibility criteria

Business is based in the UK

Trading for under 24 months

18 years and over
See Deal

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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.