Tag: Secured

Small business loans, Westpac, secured business loans.#Secured #business #loans


Small business loans

Secured business loans

  • Access additional funds up to an agreed limit
  • Can help cover wages, invoices and other expenses during cash flow shortfalls.
  • Unsecured (guarantee may be required), or secured by real property*

Business Loan

Secured business loans

Take the next step in your business plan.
  • Great for purchasing an existing business or franchise, or investing to grow.
  • Unsecured (guarantee may be required), or secured by real property*.
Business Loan

Business Equity Access

Secured business loans

  • Choose between a line of credit for flexibility or a loan to grow your business
  • Option to pay interest only
  • Ideal short term finance option
  • Secure against residential or commercial property.
Business Equity Access

Insurance premium finance

Secured business loans

Make lump sum annual insurance premiums a thing of the past by paying with monthly instalments.
  • Available to businesses with annual total insurance costs over $5,000.
Insurance premium finance

Looking for other ways to finance your business purchases?

Check out our business credit cards

Get started online

We’ll be in touch within 1 working day.

Find a business banker

Call or visit your local branch

Things you should know

* Real property in the form of residential, commercial or rural property.

Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.

Conditions, fees and charges apply. These may change or we may introduce new ones in the future. Full details are available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Unless otherwise specified, the products and services described on this website are available only in Australia from Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.


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Secured business loans – Nucleus Commercial Finance, secured business loans.#Secured #business #loans


Secured business loans – property finance

Sometimes your business s financial requirements exceed your borrowing capacity. If the bank won t extend your line of credit, flexible secured business loans from Nucleus can help.

Unfortunately, banks don t always operate in logical, straightforward fashion even if you have impeccable credentials and a spotless credit history. Being denied the full loan amount you need is especially galling when your requirements are only short term, and you expect to have the necessary capital available quickly. Banks can be quite near-sighted: in their efforts to mitigate risk, they dismiss viable applications on extremely thin grounds. This lack of funding can potentially jeopardise an investment vital to the future of your business. However, using property as collateral enables SMEs to borrow what they need, when they need it, at competitive rates.

At Nucleus Commercial Finance we specialise in these kinds of secured business loans.

To use an example, if you ve managed to secure 500,000 of primary lender funding for a 1m loan, you may need an additional 100,000- 200,000 to fill the gap between senior debt and equity. This is where we can help. When we agree financing, you will pay an arrangement fee and a monthly fee – both dependent on circumstances such as the value of the property you re borrowing against, perceived risk, and credit history.

At Nucleus Commercial Finance we offer three types of secured business loan.

Bridging loans

These are typically for commercial or residential property purchases. For example, in the event you can t find the necessary funding for a new business premises, a bridging loan is often a viable short-term option. This type of funding is useful when you have a clearly defined plan for financing – for example, if you re waiting on a mortgage application but need to make a property purchase right now.

The standard package can be up to 5m in value and usually lasts from a few days to six months in duration. As this kind of finance is designed to bridge a gap and has higher interest rates it s unsuitable as a source of primary funding.

Second and third charge loans

Second charge loans are secured business loans that use a portion of the equity in your home or business property as security, and are suited to you if you need a loan that you pay back over five to seven years. To qualify for second charge finance, you ll need a satisfactory credit history.

If you have equity remaining and are in need of additional finance, you may benefit from a third charge loan. We offer excellent third charge loan rates. The lender that supplies you with third charge financing will be paid third – behind the primary and second charge lenders. Again, this will be subject to credit history and remaining equity.

Our approach

We operate differently to a traditional financial institution and are flexible like a P2P. This means we are willing and able to service secured business loans that banks and other P2P providers won t be able to handle.

The prospect of a 500,000+ bridging loan alone is enough to make a typical alternative finance lender balk. Fail to meet one or two of their stipulations, and they ll often reject an otherwise perfect applicant.

We re less interested in criteria than standards. Our goal is to fund businesses that will succeed, not ones that tick every box on an arbitrary list; whether we re dealing with a 150,000 mezzanine loan or a 5 million investment in new warehousing facilities, we try not to say no if we can say how instead.

We believe companies should feel enabled by the lender, not stifled. When your application is approved, we can provide funds promptly. From there, we make every effort not to micromanage the loan.

Support will be available upon request, but all things being equal, we won t be in regular contact. When we fund a mezzanine client, it s not simply a transaction, but an investment and a statement of trust.

Why Nucleus Commercial Finance?

A second or third charge loan, typically serves as one constituent element of a larger business funding package. When they use us to structure secured business loans our clients also often combine invoice finance , cash flow finance, asset funding and business overdraft facilities , dependent on the requirements of their businesses.

We provide all of this in one place. Nucleus bridges the divide between traditional banks and the new style of P2P lender. Unlike the former, we re able to be flexible and adapt to our clients needs; unlike the latter, we have the experienced, in-house finance specialists needed to assess applications and structure loans.

We are transparent about our fees and charges, and we won t take on a client we don t believe in. When we agree to work with someone, it s a vote of confidence; we ll treat you as a business partner, and afford you all the respect a business partner deserves.

Contact one of our experts today to discuss your secured business loan options.


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Boost Your Business With Secured Business Loans – Willows Finance, secured business loans.#Secured #business

Secured business loans

Secured loans on your residential, commercial or semi commercial property for business purposes can be used to give your business a boost when it needs in the most – or to grow your livelihood when your company is flourishing. From clearing business debt to financing business expansion, Willows Finance offer expert resources to help you source secured business loans which comprehensively meet your requirements.

Our extensive industry knowledge and years of experience give us the flexibility to source the right finance for the right clients. Whether you are self-employed and own a semi-commercial property or are running a business with an adverse credit rating, our experienced team of experts will search our panel of lenders to bring you a personalised set of recommendations helping you to make an informed decision about the financial future of your company. Alongside extensive expertise in the field we could offer:

  • Fast completions, your finance when you need it
  • Up to 75% LTV (Loan to Value)
  • Business loans secured on commercial, semi-commercial and residential properties
  • Consideration for both standard and non-standard construction
  • Finance for both employed and self-employed clients
  • Interest only options
  • Help for businesses with adverse credit to source finance

We arrange secured loans from a panel of lenders. We don t offer any other products and we don t provide financial advice, so if you are not sure what solution is best for you, you should seek independent advice before making a decision. You may also want to speak to your mortgage provider about a re-mortgage. The loans we arrange are secured against your property. This means that, unlike unsecured credit, if you don t keep up the repayments on the loan your property could be at risk of repossession. And like with most other types of credit, you could be charged arrears fees, which increases the cost of your loan, and your credit rating could be affected

You can learn more about Willows Finance and about using secured loans for your business below. Alternatively, to get started, get in touch today on 01656 766 158 or submit a fast, confidential online enquiry form now a member of our team will be in touch as soon as possible to discuss your options with you.

Why Work With Willows?

Whether you require an injection of cash to keep your business on course during tough times or are looking for a very significant secured business loan to push your flourishing business even further we could help.

We work with you to identify the right path for your business s financial future. By offering a personal service, our team are able to learn about you and your company. This ensures that the secured business loans we recommend are the very best available for your individual needs.

When you contact Willows Finance you will be speaking to a member of our highly-trained team who will get the facts and the specialist guidance you need. We pride ourselves on providing a fast and friendly service from our experienced team of professionals.

What are Secured Business Loans?

Secured business loans are a finance option designed to release equity to businesses with property. If you own a commercial, semi-commercial or residential property, you may have the option to release funds in the form of a secured loan for your business. How businesses use this finance varies widely. From landlords looking to expand BTL (Buy To Let) portfolios, to small businesses looking to take on more staff and grow these loans can even be used to help businesses struggling with cash flow difficulties when times are tough.

Our team are happy to help with any queries or inquiries you might have. Alternatively, if you d like to kick off the process and find the right loan for your business today, simply submit an enquiry form at Willows one of our experts will be in contact shortly.


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Unsecured Business Loans, secured business loans.#Secured #business #loans


Unsecured Business Loans

The decision to start a small business instead of working for someone else is a brave, but tough step. It is certainly risk prone. Not only do you have to start at ground zero, but you may be starting with little-to-no prior experience or even a consistent cash flow to sustain your business. It takes some time for your business to begin to generate some revenue and for the ups and downs to stabilize. There is not any guarantee that a profit will be obtained or that your business will ever make a name for itself. If you are starting a business or planning to, and are looking towards securing a loan, you should be familiar with the pros and cons of secured business loans vs. unsecured business loans.

Secured vs. Unsecured Business Loans

A secured business loan is pledged or “secured” against some asset of the borrower, which can be sold to cover the cost of the loan by the lending institution if the borrower defaults. On the other hand, an unsecured business loan is a monetary loan and is not secured against any asset, hard/tangible or otherwise. In addition to the critical difference coinciding with the fact that not any collateral is required to secure the loan, another advantage is that the borrower is only charged some interest on the amount borrowed.

Unsecured business loans are available in the following different financial categories or packages from a lending firm or bank, such as:

How the interest rate is applied depends on the lender, as well as the credit history of the borrower.

Interest Rates in Unsecured Business Loans

The interest rates charged on unsecured business loans are nearly always higher when compared to secured business loans. This is because in case of the latter type of loan, it is a sure thing that, one way or the other, the lender will be repaid. The same is not the case with unsecured business loans. In these, the lender’s options for recourse are severely limited in the event that the borrower defaults. The higher interest rates are a symbol of the additional risk factor involved for the creditor.

So why should the lender loan you any money if the repayment lies on shaky grounds? That is what you have to work on. When applying for the loan, make sure that you have a good business credit report. If you are organized and convincing while promoting your business plan, the chances of obtaining your loan increase. Every lender will look at your past credit report for a reference, so try to pay your bills on time (yes, this is obvious). You may want to apply for more than just one loan, perhaps from different lenders, to get the best rates and repayment terms. For instance, a longer-term loan will typically offer lower interest rates because the lender is able to recoup more interest over the life of the loan. Some long-term loans may even add extra fees if the loan is paid off early, so be sure to read the fine print.

Many people suggest that for starters, it is a better option to opt for a secured business loan, because the added tension of having an outstanding loan and not being able to pay it back is worrisome. Of course losing your car or home is not a good option either. With unsecured business loans, it is not required to have the assets to cover the value of the loan. Only a positive credit report and the willingness to succeed is enough, at least in the initial stages.


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Unsecured Business Loans with No Collateral – Halo Capital, secured business loans.#Secured #business #loans


Unsecured Business Loans with No Collateral or Credit Check

Secured business loans

Are you sick and tired of the strict qualifications banks and private lenders place on small business loans? Many institutions ask business owners for tens of thousands of dollars worth of personal collateral in order to qualify. Unfortunately, many companies simply don t have these assets and as a result, are shut out from fairly priced capital. Halo Capital simplifies the process by providing unsecured business loans with no collateral, no credit check, minimal paper work and quick approvals. We are able to make these loans by taking a different approach from most other loan providers. Instead of basing our evaluations on things like your credit score your personal assets, we look at the revenue your company generates to determine how much money you are eligible for. We can provide anywhere from 10K 2 million for your business. There are restrictions on how you can use your loan. If you re looking for a quick, hassle-free way of getting financed in a matter of days, then fill out the form on the right and a lender within our program will call with information on how much your business can receive.

Secured business loans

About the Financing Program

Due to recent government programs and Federal incentives, businesses can now qualify to receive loans between $10,000 2 Million without the use of personal guarantees, personal information or assets as collateral.

This is a free service that does not require any personal information since the loan is based on annual revenue of your business. This is a non-restrictive loan, allowing you the ability to spend the full amount of the loan any way you deem necessary for your business such as paying off or consolidating debt, hiring more employees, marketing or any other means you as the business owner feels necessary.

While this program is not a federal-based program, it is a benefit of the programs the government has provided that allows businesses such as yourself to qualify. We do want to stress that this is a free service and no personal information will be required.

Please ensure that you either meet or exceed the conditions to qualify as listed below. If you do meet those qualifications and complete the form to the right, a lender within our program will call with details of the unsecured business loans including terms and rates you qualify to receive.

Protect Your Personal Assets With An Uncollateralized Business Loan.

Secured business loans

Secured business loans


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Can You Build Credit with a Debit Card? #build #credit, #credit #card, #credit #history,

#

Can You Build Credit with a Debit Card?

I m trying to establish a positive credit history. I ve been paying my power bill and my telecommunications, internet and cable bills on time every month for over a year now with a debit card. My question is, can I report the bill payment history to the credit bureau or have the company send it? Or can I have the debit card company report to the bureau? Also, can you build credit with a debit card?

Dear ILG,

A Debit Card Cannot Help You Build Credit

Purchases made with a debit card do not help you build credit. When you use a debit card, the funds are automatically taken directly from your checking account, so it is essentially a cash purchase.
Banks do not report debit card accounts to Experian or the other credit reporting agencies.

Utility Payments Are Typically Not Reported to Experian

Currently, utility companies do not typically report directly to the credit reporting agencies, and neither you nor your banking institution would be able to report a record of payments on their behalf.

In recent years, there has been some discussion of the possibility that utility companies might begin reporting positive payment history, so it’s possible that you may see your utility accounts on your credit report in the future. Until then, however, your on-time utility payments probably won’t help you build your credit history.
Keep in mind that even though making on-time utility payments may not help you build your credit history, it’s still in your best interest to do so. Failing to pay a utility bill can have serious consequences, such as hefty fees and the possibility that the account will be sent to collections. Once sold to a collection agency, it’s likely that the account will appear on your credit report.

Collection accounts remain on your credit report for seven years from the original delinquency date. and they usually have a very negative impact on credit scores.

How to Begin Building Credit

In order to build a strong credit history. you will need to demonstrate your ability to manage credit wisely. If you are just starting to establish credit and do not yet have any credit accounts, here are a few ways you can begin:

  • Apply for and open a credit card account. Apply for a credit card with your bank or credit union first. You may be more likely to be approved because you already have an account in good standing with them.
  • Consider opening a secured credit card. Even if you are unable to qualify for a traditional credit card right away, you may be able to open a secured card. With a secured card, the bank will require that you open a savings account. The credit card limit will be tied to the balance in the account. That “secures,” or protects the bank, if you do not repay the charges you make. Secured cards usually have a small credit limit.

Use the card the same way you would a traditional credit card, charging small amounts and paying your balance in full each month. If you are able to demonstrate responsible use of the card, in time the bank may be willing to convert the card over to a regular, unsecured, credit card account.

Most banks report secured cards to the credit reporting agencies, so you may be able to use the account to begin building credit right away.

  • Ask a family member to add you to their account as a joint account holder or an authorized user. With a joint account, you will each be equally responsible for managing the account and making sure all payments are made on time.

    As an authorized user, you won’t be responsible for making payments, but will still have access to use the account. Although both options can help you begin building credit, not all creditors report authorized user accounts to the credit reporting agencies, so you may want to ask first.

    Thanks for asking,
    The “Ask Experian” Team

    Good credit begins with knowing where your credit is today. Get started with your free Experian Credit Report, updated every 30 days on sign in. No credit card required.

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  • Secured Business Loans #business #catalyst


    #secured business loans

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    Secured Business Loans

    The growth and success of most businesses often requires access to additional funds. If your small business is in need of extra money, secured loans can be the key to overcoming challenges or taking advantage of available opportunities.

    What are Secured Business Loans?

    Secured loans are typically offered by financial institutions to business owners who require capital to start a new business, expand an existing one or pay for business-related expenses. This loan requires upfront collateral which reduces risk for the lender, allowing them provide a lower interest rate that can be paid back more easily by the borrower.

    What Companies Utilize Secured Small Business Loans?

    All types of small businesses could benefit greatly from this type of loan, however, companies that have mutual funds, vehicles, inventory. equipment, accounts receivable. land, buildings or other property to put up as collateral will have significantly lower payments and significantly longer repayment periods as compared to unsecured, collateral-free loans.

    How Can I Acquire Secured Business Loans?

    Utilizing a secured business loan is a great way to ensure a lower interest rate, a longer repayment period, and the opportunity to build credit and forge a relationship between business and credit provider. National Business Capital strives to understand each business’ unique history, present position and future needs to provide the best financial assistance possible. National Business Capital’s 90% approval rates, zero upfront fees and years of experience providing honest, professional financing advice is on your side. Take advantage of expansion opportunities, amass seasonal inventory, and engage in lucrative marketing initiatives with secured small business loans .

    For more information about secured business loans, our 24 hour response time or flexible credit services, please give us a call at (877) 482-3008. To apply via our easy 2 minute application, click here.

    We Finance Your Journey

    Our approval process takes less than 24 hours.


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    Establishing Business Credit with a Secured Business Credit Card #secured #business #credit


    #

    Establishing Business Credit with a Secured Business Credit Card

    Secured Business Credit Card

    Recently I posted how credit restoration is a viable strategy for small business owners in personal credit recovery. In addition to repairing your personal credit you should also focus on building and if necessary repairing your business credit as well. One of the best ways to start establishing business credit is through a secured business credit card.

    These types of credit cards are specifically designed for businesses with no credit or less than perfect credit history. When you apply you are required to submit a security deposit that will establish an initial credit line. In most cases a minimum deposit of $500-$1,000 is required and once you begin using your card you will receive invoices like a standard unsecured business credit card.

    As you pay your invoices your payments will get reported to the business credit bureaus. I always encourage my members to use a secured business credit card along with vendor credit lines because it will allow you establish a strong blend of account types on your files.

    Some of the secured business credit cards we have listed report solely to one bureau like Corporate Experian while others report to two or all three of the major business credit bureaus. Keep in mind that your deposit is only used to pay off the debt in the event that you default on making payments.

    As soon as you receive your card you can start using it to make purchases for your business. When you charge a purchase just simply pay the invoice when it comes due. Now remember the whole purpose of using the card is to build credit so don’t be late on your payments. After six months you can request that your account be reviewed for a credit limit increase without requiring a larger security deposit.

    Some other benefits of a secured business credit card include:

    • Universal Acceptance
    • Cash Back Programs
    • Online Expense Management
    • Easy Funding Options

    Before you apply you will need to have your company’s business license, articles of incorporation, address verification, federal tax ID#, banking reference and general business information. You will also need to list authorized users and how many cards you are requesting.

    You can send your security deposit via wire transfer and typical turnaround times take 7-10 business days. Keep in mind that before you select any secured business credit card make sure you read the terms and conditions completely and verify which business credit bureau they report to.

    Another advantage to using secured business credit cards is the separation between your personal credit and business credit. In my opinion these types of business credit cards are ideal for every small business owner because it not only establishes business credit but also controls spending, eliminates personal liability and protects your personal credit files.

    Looking for the best secured business credit cards. Become a member of my Business Credit Insiders Circle and gain access to a proven step-by-step business credit building system. A system that provides you access to secured business credit cards, vendor lines of credit, fleet cards, business credit cards with and without a personal guarantee, funding sources and lenders that report to all the major business credit bureaus. Submit your name and email below for details and receive a free audio seminar ($597 value) =

    Marco Carbajo is a business credit specialist, author, speaker, and founder of the Business Credit Insider s Circle. He is a business credit blogger for AllBusiness.com, a subsidiary of Dun and Bradstreet and author author of Eight Steps to Ultimate Business Credit and How to Build Business Credit with No Personal Guarantee. His articles and blogs have also been featured in American Express Small Business, Business Week, The Washington Post, The San Francisco Tribune . Scotsman Guide, Alltop, Entrepreneur Connect, and Active Rain.

    Related Posts

    • Looking for Secured Business Credit Cards?
    • Building Business Credit: The 20 Essential Questions to Focus On
    • Top 10 Myths about Building Business Credit- Part 1
    • 7 Ways to Maximize Your Business Credit Score

    Thank you for your post share. I really like your blog and I have learned something from it.

    Considerably, this post is really the greatest on secured business credit cards. I agree with your conclusions and ook forward to your future updates. Simply just saying thanks will certainly not just be sufficient, for the fantastic clarity in your writing. I will definitely grab your rss feed to stay abreast of any updates. Genuine work and also much success in your business!

    Excellent info Marco. We work with businesses who have bad credit all of the time and this is a really great article with great tips for them.

    chirs harton says

    I was wanting to know if i have to use my social securty # when applying for a secured businesss credit card,just my ein#.because when they pull your credit a hard inquiry is posted to my credit score,and that hurts it.

    No, you do not have to supply your social security number for a secured business credit card. You will need to supply your EIN number as well as your DUNs number with most companies. That s one of the great benefits to these types of cards because there is no personal credit check or personal guarantee.

    Awesome and informative post! Been reading your blog for a while and look forward to getting set up with you guys.

    Great info here Marco! So many people don t realize that a bad credit history can be repaired for both personal and business. Keep up the great work.

    Thanks for posting this Marco, its good and look forward to accessing your sources. Cheers!

    Thanks Tom, appreciate the feedback and by the way here s a new source to help rebuild personal credit that reports to all three credit bureaus.

    Great post Marco I never knew about secured business credit cards until now! was an interesting read Thanks!


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    Secured Business Loans – UK SME Lending #business #lending


    #secured business loans

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    Secured Business Loans: The Essentials

    Find out if a secured loan is right for your business.

    Are you about to launch a new venture? Or perhaps you’re planning ahead for a seasonal dip in income and want to boost cash flow. Maybe you’re expanding and need bigger premises, new equipment and more staff.

    Launching or growing a business inevitably involves investing money. An injection of capital can give you the stability and freedom to get things off the ground or take your enterprise to the next level. This is where small business loans come in – when you find the right lender, the funds can be a lifeline.

    Focus on alternative finance

    The options are numerous – which is great news for all smaller ventures – but identifying the loan that best suits your business is essential to securing funding in the first place, not to mention having a loan that’s affordable.

    Lenders apply their own criteria, payment terms, interest rates, and requirements for collateral as security (more about that in a moment). It’s worth focusing on lenders in the mushrooming alternative finance sector, whose terms tend to be more flexible and suited to SMEs.

    Secured or unsecured loans?

    First, let’s look at the basic differences between secured and unsecured business loans.

    You can typically borrow more with a secured loan than with an unsecured loan – some lenders offer in excess of £1 million in fact. Secured loans generally offer lower interest rates too.

    One point worth mentioning is that because you can borrow larger amounts with secured loans, lenders need to reduce their risk by asking you for security on the loan. So they’re likely to ask you to provide collateral as security against the loan. Then, if you default, the lender has a higher chance of recovering the money you owe.

    Think of it like a pawn shop: you provide an item to the lender who evaluates the asset and decides how much you can borrow based on its value. It may be a simplified comparison, but it illustrates the basic idea.

    Company collateral as security

    When businesses apply for large loans, they’re likely to be asked to pledge company collateral as security. What lenders want as assurance varies, but you should expect to pledge assets such as the following:

    • Commercial property
    • Land
    • Vehicles
    • Equipment
    • Fittings and fixtures
    • Or, instead of individual assets, some lenders request the net worth of all assets

    The value of your assets must be sufficient for a lender to justify giving you the loan.

    Personal guarantees

    As well as providing company collateral, you may be asked to give a personal guarantee as additional assurance for the lender, making individuals liable for the loan. Lenders’ requirements vary but often depend on your company status – we explain more below:

    If you’re a limited company or LLP

    • If you have a limited company or limited liability partnership (LLP), the majority of lenders will expect you to provide a personal guarantee alongside company collateral.
    • Directors or shareholders with a minimum of around 20% to 25% share in a limited company are also likely to be asked to provide a personal guarantee.

    If you’re a sole trader or partnership

    • When it comes to sole traders and partnerships with unlimited liability (not LLPs), the rules are different when it comes to any kind of loan: you’re always personally liable. and, as a result, you won’t be asked to put up any company collateral.

    Since each lender has a different approach to decision-making, always look closelyat lenders’ terms.

    Another point to highlight: if you refuse to provide a personal guarantee this could reflect badly on your application – and your intention to pay back the money. So regardless of whether you’re a sole trader, a partnership, a limited company or LLP, be prepared to provide a guarantee such as residential property or valuables such as jewellery.

    Secured loans = flexible terms

    In return for security, lenders can be more flexible with their terms, giving borrowers competitive interest rates and long repayment periods – anything between 2 and 10 years.

    On the other hand, if you’re a shoestring startup or a new business yet to build up valuable assets, you might not have enough collateral to put up for a large loan. If this sounds like you, then an unsecured loan could work better for you – but you still need to weigh up the pros and cons.

    Whatever you do, choose your small business loan wisely, and you must be confident that you can pay back the loan or you may risk losing the company and personal assets.

    Your first step on the road to funding

    Since lenders have their own criteria and meticulous assessments, it’s worth talking to them directly. In fact, a chat with one of the experienced relationship managers at Fleximize is a great place to start. As innovators in lending to SMEs, our team understands the demands of small business finance, and the significance of such a serious financial commitment. Call us on 020 7100 0110.


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    Secured Business Loans #good #business #names


    #secured business loans

    #

    Secured Business Loans

    The growth and success of most businesses often requires access to additional funds. If your small business is in need of extra money, secured loans can be the key to overcoming challenges or taking advantage of available opportunities.

    What are Secured Business Loans?

    Secured loans are typically offered by financial institutions to business owners who require capital to start a new business, expand an existing one or pay for business-related expenses. This loan requires upfront collateral which reduces risk for the lender, allowing them provide a lower interest rate that can be paid back more easily by the borrower.

    What Companies Utilize Secured Small Business Loans?

    All types of small businesses could benefit greatly from this type of loan, however, companies that have mutual funds, vehicles, inventory. equipment, accounts receivable. land, buildings or other property to put up as collateral will have significantly lower payments and significantly longer repayment periods as compared to unsecured, collateral-free loans.

    How Can I Acquire Secured Business Loans?

    Utilizing a secured business loan is a great way to ensure a lower interest rate, a longer repayment period, and the opportunity to build credit and forge a relationship between business and credit provider. National Business Capital strives to understand each business’ unique history, present position and future needs to provide the best financial assistance possible. National Business Capital’s 90% approval rates, zero upfront fees and years of experience providing honest, professional financing advice is on your side. Take advantage of expansion opportunities, amass seasonal inventory, and engage in lucrative marketing initiatives with secured small business loans .

    For more information about secured business loans, our 24 hour response time or flexible credit services, please give us a call at (877) 482-3008. To apply via our easy 2 minute application, click here.

    We Finance Your Journey

    Our approval process takes less than 24 hours.


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