Secured Business Loans
Use property or equipment as security for lower rates and higher limits.
A secured business loan uses residential or commercial property, or business equipment, as security. Because the lender's risk is lower, rates start from around 8% p.a. and you can borrow up to $5 million over terms of up to 5 years.
Features
- Significantly lower rates
- Access to larger amounts
- Longer terms
- Residential or commercial property accepted
Best for
- Large expansions
- Buying a business
- Consolidating expensive debt
- Property owners wanting the lowest rate
What you'll need
- Active ABN
- Property or asset to offer as security
- Estimated value and mortgage balance
- Business bank statements
Secured Business Loan FAQs
What can I use as security?
Residential property, commercial property, vehicles and business equipment can all be used as security, depending on the lender.
Is a secured loan cheaper?
Usually yes. Secured loans start from around 8% p.a. compared with about 14% p.a. for unsecured funding.
See what you could borrow
Four minutes. No credit check. A real specialist calls you within hours.
- No credit check to start
- Decisions within hours
- No obligation