If you are looking for funding and you are a property owner or own hard assets within the business, a Secured Loan could be a viable option for your company. As the loan is secured against an asset, the level of risk considered by the lender is minimised – resulting in an overall lower interest rate.
Secured collateral reduces the lenders risk, resulting in a lower interest rate
Secured Loans can mean longer repayment terms
Easier to achieve if your business has long been established
With collateral in place, funding large amounts is much more feasible