If you’re a UK business with assets and you’re looking for capital to grow, then securing a business loan against one or more your assets could be the ideal way to raise the funding you need. By taking security, the lender is much less likely to lose money should you fail to keep up the repayments. This means you will be more likely to be approved for a secured loan, as well as be offered lower interest rates, longer terms, and larger loans for your business. secured business loans are usually quick and simple.
If you or your business owns any high-value assets you’re likely to be eligible for a secured business loan, especially if you’re prepared to put up business or personal property as security against the loan.
A lender will assess the value of the asset – or assets – and will want to know what you’re borrowing the money for.
With terms from 1-30 years secured commercial loans and funding option can be the best way to grow your business or can be used for business acquisition.
Usually, lenders will borrow up to 80% LTV of the property you wish to use as security over terms of 1-30 years.
As long as you have a property with a sufficient amount of equity we can help. The criteria varies between lenders, but one thing they have in common is that you must own an asset the lender can use as collateral, such as your home for secured charge funding.
We can look at interest only/bridging or a longer term capital and repayment option.
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Capital Business Loans Limited is registered in England and Wales, Registered No. 14491729, Capital Business Loans Limited is an independent credit broker and not a lender. We are authorised and regulated by the Financial Conduct Authority with firm reference number 1000382 Our registered office is at 20 Nicholas Street, Chester CH1 2NX. Not all Capital Business Loans Limited activities are regulated by the Financial Conduct Authority.
Telephone: 01244 906505| Email: hello@capitalbusinessloans.co.uk | Address: 20 Nicholas Street. Chester.CH1 2NX
Capital Business Loans Limited
20 Nicholas Street, Chester, CH1 2NX, United Kingdom