Secured Business Loans

Ideal for those looking for a larger capital investment

Unrestricted use of funds

Fixed monthly repayments

 

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Acceptance within 24 hours

Application form

Quick and easy application

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Unrestricted use of funds

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Terms from 6 months to 10 years

Am I eligible for a Secured Business Loan?

UK homeowners that are a director of a limited business are eligible for this type of loan. While some lenders may take overseas property into account, unfortunately we can’t at this moment in time. Start-up businesses are also welcome to apply for secured loans providing they meet the criteria mentioned here.

It’s a good idea to be fully prepared for your application. Knowing exactly what you need the money for should stand you in good stead when it comes to approaching the lender. However, due to the flexibility of our lenders you do not need to show a business plan, just a brief on what the money will be used for.

Once accepted, the process for a Secured Business Loan can be relatively quick, with the whole process taking around 3-4 weeks. In comparison to a bank where the same process can take around 3 months, we will always strive to complete within a month.

  • Borrow from £2,500 - £2,000,000
  • Interest rates from 1.5% a month
  • Dedicated account manager to support you through the process
  • No bulky business plans required
  • Eligible for homeowners that are directors of LTD businesses
  • Flexible underwriting process

How to Apply

  • Desktop screen
    Fill in the above form or contact us
    Tell us how much you’re looking for and you intentions with the funds. No bulky business plans or documents are required.
  • Magnifying glass
    We find an offer
    We search the market for the most competitive offers. A dedicated account manager will then provide support thoughout.
  • Form approval
    Approval
    You’ll receive a personalised quote within just 24 hours. We currently have an 85% acceptance rate.
  • Money
    Transfer
    The money can be in your account within a matter of days.

Great service from George Holmes, fast, reasonable funding.

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Not sure what type of finance is right for you?

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01371 870 815

Call us today for some advice.

What can I secure my loan against?

A lot of companies who take out a secured business loan secure their loan against their commercial or residential property. Other assets that can be secured against are items with high value, including expensive equipment and machinery or vehicles which the business cannot run properly without.

The reason lenders do this is to ensure they have security and can cover themselves should you fail to make your loan repayments. If this were to happen, lenders are reassured, knowing they have a physical asset to take back and recover their finances.

Additionally, you can secure against more than one asset; if this is the case, you may be able to apply for more finance. For this reason, secured loan applications can require less information, and you may not need a personal guarantee or a credit check in order to qualify for the loan.

So, as long as you have assets worth securing against and you fit the other relevant criteria, this type of loan could be suitable for you. One of the most appealing things about secured business loans is that they are not specific to one sector; many businesses have different types of machinery, vehicles and other equipment that can be secured against, allowing you to take out a loan to use for other business needs.

For more details on our Secured Business Loan services, applications or loan amounts, call us on 01371 870815 or email us at info@auroracapital.co.uk.

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