What is a Secured Business Loan

A secured business loan is a type of loan that requires collateral, such as assets or property, to secure the loan. The collateral serves as a form of security for the lender, reducing the risk associated with the loan.

Access funding of up to £750,000 for any business purpose. Businesses with substantial funding needs and tangible assets can obtain the necessary financing while leveraging their valuable assets.

What can a secured business loan be used for:

Refinance

Fuel business
growth

Manage working
capital

Acquire property
or land

Purchase assets
or machinery

Cover deposits

Fund staffing
and training

Invest in
marketing efforts

Fulfil many other
business requirements

Unlock higher borrowing limits and secure competitive interest rates by offering a charge over your commercial property.

Secured business loan at a glance
Loan amount£50,000 – £750,000k
Loan Term6 – 60 months
SecurityYes
Personal GuaranteeYes
Over or early repaymentNo early repayment charges after 12 months.

Qualifying requirements:

  • The company is required to be registered in the UK and generate a majority (over 50%) of its income from trading activities.
  • The company must either be a Limited (Ltd) company or a Limited Liability Partnership (LLP) with at least one partner being a Ltd company.
  • The facility is intended to primarily support trading activities within the UK and for business purposes such as working capital, expansion, or debt refinancing.
  • Demonstrate a minimum annual turnover of £350k through the latest filed accounts or MI.
  • To be eligible, at least one Director or Shareholder of the company must be a property owner in the UK and be above 18 years of age.
  • Any County Court Judgments (CCJs) must either be settled or currently in the process of being settled.
  • The business must have a minimum trading history of 2 years to qualify.
Secured Loan - Property Developer

Rapid Funding for Oxford-based Borrower

The borrower required a secured loan to release equity from a completed development scheme in order to start their next development project. They required funding quickly, we were able to provide the funding within just eight days. The amount released to the borrower was £500,000 and secured by a 1st legal charge. There were no early repayment or exit fees, providing the client with more flexibility. 

Read the full article here.

How our secured business loan works

With Momenta Finance’s Secured Business Loan, you can experience a straightforward application process, transparent repayment terms, and flexible payment options to support your business needs.

Simple Application Process

Once you have completed the online form, we will promptly get in touch with you to gather necessary information and seek permission to conduct relevant credit checks.

Transparent Terms

With our flexible approach, you can make over-payments of the outstanding loan balance annually, without incurring any early settlement fees.

*Early settlement fees apply if settling before 12 months.

Convenient Payment Options

We understand that each customer has different preferences when it comes to making payments, so we offer a variety of choices to accommodate everyone’s needs.

Payments can be made through direct debit, bank transfer, debit card, or PayPal.

How do I get a quote?

Our process fits into the busy lives of a business owner on the move. We do not require detailed
business plans nor is there a need to make an appointment. Our process is flexible, quick and fully
transparent – all of this without compromising on quality of service.

1

Apply online

Apply online and upload the required documents.

2

Get approved

Receive a decision in as little as 1 hour.
If approved, we’ll provide a personalised, no-obligation quote.

3

Access your funds

Access your funds within 48 hours. Once you accept your offer, we’ll deposit the funds directly into your account.

Experience the ease and speed of business financing with Momenta Finance.

Why Choose
Momenta Finance

Small business loans are what we do, all day, every day. Our specialist team from account management through to credit understand businesses just like yours and want them to succeed.

We are a member of the Federation of Small Business (FSB), Consumer Credit Finance Association, Association of Alternative Finance Brokers and a Patron of the National Association of Commercial Finance Brokers (NACFB). We are also registered with the Financial Conduct Authority. This means we adhere to their codes of practice and are uncompromising, in our principles and practise ethical and responsible lending at all times.

Good to know

Momenta Finance, acts as both a lender and a broker. Where we act as a broker, we receive a commission from the lender. This does not impact the final amount that you pay for borrowing.

Get started on funding your business today 

Reach out to us at 0800 848 8480 or contact@momentafinance.co.uk
to register as an Introducer, or request a quote to see how we can help you achieve your goals.