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        • What type of funding options are you looking for?

        • Recovery Loan Scheme

          A government backed loan to support businesses affected by the pandemic.

        • Unsecured Business Loan

          Business loans up to £500k, without the need to secure on property or assets.

        • Secured Business Loan

          Business loans up to £2M, secured against a UK property by way of 1st or 2nd charge.

        • Asset Finance

          Acquire new or used equipment, machinery or vehicles and spread the repayments over 1-6 years.

        • Merchant Cash Advance

          Borrow up to 2x your monthly card sales and repay through a small % of your future takings.

        • Invoice Finance

          Release up to 90% of your owed invoices, either through a selective or whole debtor book facility.

        • Bridging Loans

          A short term facility, allowing you to raise quick capital by securing on a UK property.

        • Revolving Credit Facility

          A pre agreed credit facility, allowing you to dip in and out for future funding requirements.

        • What type of funding options are you looking for?

        • Construction Finance

          Secure construction business funding here.

        • E-Commerce Funding

          Funding for staff, inventory, marketing, & more.

        • Recruitment Agency

          Finance solutions for recruitment agency growth.

        • Healthcare Business

          Quick online applications for healthcare loans.

        • Restaurant Business

          Fast funding solutions for restaurant businesses.

        • Wholesale Funding

          Secure financing for your wholesale business.

  • About
  • Knowledge Hub
  • Contact Us
        • What type of funding options are you looking for?

        • Recovery Loan Scheme

          A government backed loan to support businesses affected by the pandemic.

        • Unsecured Business Loan

          Business loans up to £500k, without the need to secure on property or assets.

        • Secured Business Loan

          Business loans up to £2M, secured against a UK property by way of 1st or 2nd charge.

        • Asset Finance

          Acquire new or used equipment, machinery or vehicles and spread the repayments over 1-6 years.

        • Merchant Cash Advance

          Borrow up to 2x your monthly card sales and repay through a small % of your future takings.

        • Invoice Finance

          Release up to 90% of your owed invoices, either through a selective or whole debtor book facility.

        • Bridging Loans

          A short term facility, allowing you to raise quick capital by securing on a UK property.

        • Revolving Credit Facility

          A pre agreed credit facility, allowing you to dip in and out for future funding requirements.

        • What type of funding options are you looking for?

        • Construction Finance

          Secure construction business funding here.

        • E-Commerce Funding

          Funding for staff, inventory, marketing, & more.

        • Recruitment Agency

          Finance solutions for recruitment agency growth.

        • Healthcare Business

          Quick online applications for healthcare loans.

        • Restaurant Business

          Fast funding solutions for restaurant businesses.

        • Wholesale Funding

          Secure financing for your wholesale business.

  • About
  • Knowledge Hub
  • Contact Us
4.9/5 based on 100+ by happy customers

Apply For a UK Secured Business Loan To Help You Grow Purchase Stock Employ Staff Expand Pay Suppliers

Apply for a secured business loan today and get matched with a lender that can provide you with the means necessary to grow your business.

From 10%

Interest rates per annum

75%

Loan to Value

2 – 15 years

Loan term

£25k - £500k

Funding requirement

Our lending partners

About Secured Business Loans

What is a Secured Business Loan?

Key features and benefits of secured business loans

  • Suitability: Businesses looking to either raise a large amount of debt or for younger businesses yet to prepare a set of financial accounts.
  • Purpose: Working capital, debt consolidation, growth, MBI, MBO, stock and more.
  • Amount: Loans ranging from £25k – £2m, depending on the lender. Our lenders will be able to offer up to 75% LTV.
  • Term: Up to 15 years. Some lenders offer interest only terms.
  • Cost: Rates starting from 10% per annum, depending on age of business, affordability and LTV.
  • Security: Our lenders can secure against a UK residential or commercial property.

Get your free, no
obligation quote Today!

How much do you want to borrow?

£10k
£ 50000
£500k
Prefer to talk? Call us on 020 3355 7462

Securing business funding:
How it works

Aurora Tell us more about yourself

1

Apply Online in minutes

We cater to any sized business, so to apply for business funding, we only need you to share basic information about your company. Your application will take a few minutes, and our experts are always happy to assist with any questions you have about specific loan types or alternative finance options.

2

Get Matched in hours

Our LendTech technology will compare our trusted panel of lenders and match you with your most suitable finance option. Each business funding option is different, and we’ll help to make sure you’re fully clued up on the terms and conditions as well as indicative repayment details.

Aurora | Get Matched In Hours
Aurora | Get Funded In Days

3

Get Funded in days

One of our funding specialists will discuss the available options with you and guide you through the process from application to approval. Once approved, the funds can be deposited in a matter of hours.

Business Loan Calculator

Loan amount
£10k £500k
Over How Long?
Very poor risk can only borrow for 1 year
Select Your Credit Profile
Monthly repayment
-
Loan amount
Completion fee
Interest -
Total amount repayable -
For illustration purposes only. Our experts will calculate the rate you may be offered based on your individual circumstances. This is not an offer or quote for your business.

Navigate our range of business
funding options to find out more

We understand that timing is key when you’re looking to find funding options for your business, so our process is as quick and as streamlined as possible.

100+ Happy Customers & Counting

Secured business loans: FAQs

Typically you can borrow up to 75% Loan to Value, however this will depend on the type of property you are using as collateral. For example, if you have a property worth £500k with a £200k mortgage, the maximum you can borrow would be £175k (£500k x 75% = £375k – £200k = £175k). Lenders will likely be able to offer more when securing against a residential property over a commercial premises or land. Secured business loans can range from £25k – £2m.

A lot of companies who take out a secured business loan choose to secure against their commercial or, as mentioned, even residential property. Other assets that can be secured against are buy-to-Let properties or even semi commercial properties.

 

It’s possible to secure against a property with an existing mortgage.

 

You can also secure against more than one asset if you choose. If this is the case, you may be able to apply for more finance.

If you’re securing the loan against a property with an existing mortgage, you may be subject to a legal charge. This means if you fail to meet your repayments, the lender can sell your property to recover what you owe. That being said, consent may be required from the original lender, i.e., the mortgage provider, meaning the lending process can take a while and you may have to wait longer to receive your money.

Where you have an existing mortgage and fail to meet repayments, to avoid the legal charge, the loan provider may put an equitable charge in place. This means they don’t need consent from the original lender, but they don’t have power of sale like with a legal charge. In this instance, the lender has security, though, and can approve your loan faster.

Aurora Capital can partner with you and put you in touch with a lender who will be able to take care of your requirements. There are lots of lenders offering secured business loans, but many will have different terms and processes. Our experts can help you throughout the process and provide any guidance you need on repayment terms, loan collateral and credit risk. Lenders benefit from offering secured business loans as they can ensure they have security. With your assets being secured, the lender can cover themselves should you fail to make your loan repayments. This reassurance for lenders that they have a physical asset to take back and use to recover their finances means that you are more likely to be accepted for these loans and receive better terms. For further guidance on how this works, you can get in touch with our specialists.

Start-up businesses that meet the criteria we have previously mentioned are welcome to apply for a loan of this type. In fact, secured start-up business loans are often ideal for companies that are yet to build up a credit history, but have a good amount of collateral to secure the loan against.

If we can issue an acceptance, we will send out a property questionnaire to complete. On receipt of this completed questionnaire, we will require the legal fees and, if applicable, valuation fees to be paid. Once we have received the fees we will contact solicitors, book the valuation and raise loan paperwork for signature.

 

The whole process typically takes around 4-6 weeks depending on how quickly the valuation can be booked in, as well as how quickly solicitors can complete the legal documents.

Once all conditions have been satisfied and we have completed our final checks, we can release the funds within 24 hours.

We accept security property throughout the whole of Great Britain (England, Scotland, and Wales). Unfortunately, we cannot accept properties in N. Ireland.

Our lenders can look to take anything from an equitable charge to a 1st, 2nd or 3rd charge dependent on the available equity.

At Aurora Capital, we do our best to ensure every business loan process is as simple as possible. However, typically lenders will be more receptive to secured business loans as there is more security for them in terms of repayment. Additionally, it may be the case that lenders offer more funds if you are securing on a residential property rather than a commercial property. For more information about why this is, you can contact our team directly on 020 3355 7462.

There are a number of different options available to businesses looking for funding. A secured business loan will likely be the right option for you if:

  • You are a UK homeowner or asset owner
  • You are also a director of a limited business
  • You are happy to secure against your property or other assets
  • An unsecured loan is not suitable for your business

There are a number of benefits that secured business loans have over other types of loans, with the first being that borrowing can be extended over a mid to long term basis, again helping to make the loan more affordable in the long run.

 

Most commercial loan lenders and banks will offer secured finance to anyone who is a director and who owns property, so even if your credit history isn’t the best, you can still get approved. At Aurora Capital, we work with a range of different lenders, including those that lend to businesses with adverse credit, so don’t be put off if your credit rating isn’t great. When you apply online with us, it won’t affect your credit score.

 

The final notable benefit of a secured business loan over other types of borrowing is that you can borrow large amounts; so whether you need to purchase a company vehicle to expand your operations, acquire funding to hire a new team member, or replace/upgrade an old piece of equipment, you can get what you need with a secured loan.

Of course, it is not required of you to secure against property or assets to get a quality business loan with great terms. At Aurora Capital, we help businesses get unsecured loans, as well as merchant cash advancesrecovery loans, and a whole host of other fund types. However you’re looking to raise funds for your business, you can rest assured you’ll find the best deals, in the quickest time, with us.

Prefer to talk? Call us on 020 3355 7462
4.9/5 based on 100+ by happy customers