What are secured loans?

Secured loans are loans that require collateral to secure the transaction. This means you need to provide an asset, such as property or a vehicle, which the lender can claim if you default on the loan. As a loan broker, Loan Options connects clients with lending partners who offer competitive secured loan solutions, ensuring you can access the funds you need with favourable terms.

How do secured loans work?

Secured loans work by using your asset as collateral. If you fail to repay the loan, the lender has the right to take possession of the collateral to recover their losses. Loan Options assists clients by working with lending partners to find the best secured loan options, ensuring you get the most suitable terms for your financial situation.

Can I get a secured loan with bad credit?

Yes, secured loans are often easier to obtain with bad credit because the collateral reduces the lender’s risk. Loan Options collaborates with lending partners who specialise in providing secured loans for clients with bad credit, increasing your chances of approval

How do I apply for a secured loan?

To apply for a secured loan, you need to provide details about your asset, business, and financial situation. Loan Options simplifies this process by offering a user-friendly platform where clients can easily apply and receive guidance throughout the application process, connecting them with suitable lending partners.

What types of collateral can be used for secured loans?

Common types of collateral include property, vehicles, plants & machinery. Loan Options helps clients determine the best type of collateral to use and connects them with lending partners who accept various forms of collateral.

What are the eligibility criteria for secured loans?

Eligibility criteria for secured loans typically include having a suitable asset to use as collateral, a viable business plan, and can evidence affordability. Loan Options helps clients determine their eligibility and connects them with lending partners who can provide the necessary financing.

Secured Loans

Apply for a Secured Loan

By using your assets or property as collateral, you can secure funding with lower interest rates and higher borrowing limits. Our partners’ secured loans are ideal for businesses seeking to invest in growth and expansion. Our expert team will guide you through the process, ensuring you receive the best terms and conditions tailored to your needs.

Discover how our secured loans can provide the financial leverage your business needs to succeed.

What is secured loans?

Secured loans use your business assets or property as collateral, which can result in lower interest rates and higher borrowing limits. These secured loans allow you to leverage your assets to access the capital needed for growth and expansion. Our expert team will guide you through the process to help you secure your business’s best terms and conditions.

With loan terms ranging from 1 to over 10 years, these loans can be secured against either residential, commercial, or company properties. The funds can be used for any legitimate business purpose, allowing you to borrow £1 million plus with lower interest rates.

Terms from 1 year to 10 years.

Borrow up to £1m+.

Lower interest rates.

How It Works

Applying for a Secured Loan can be a crucial step in growing your business, and understanding the process can help set clear expectations. At Loan Options, we collaborate with a network of trusted partners to offer tailored secured loan solutions that meet your unique needs. Our goal is to provide you with the necessary funds quickly and efficiently, while ensuring you have the support and guidance you need at every stage.

Here’s a general overview of the four-step process to help you understand what to expect when applying for a Secured Loan through our partners:

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Step 1

Initial Enquiry

Start by providing basic information about your business and the assets you can offer as collateral. This helps us understand your needs and eligibility.

Step 2

Loan Matching

Using advanced technology, we match your business with suitable secured loan options based on your circumstances and requirements.

Step 3

Application Support

Our expert Account Director guide you through the application process, ensuring it’s straightforward and stress-free.

Step 4

Loan Approval

Once you choose the best secured loan option, we handle all communication and documentation. Your Account Director will keep you updated until you receive your funds.

Why choose Us

At Loan Options, we understand that every small business is unique, regardless of the industry. Our mission is to provide loan options tailored to your specific needs. Our team of Account Directors brings over 30 years of diverse industry experience, driving our success with their knowledge and passion. Here’s why you should choose us:

Industry Expertise: With extensive experience across various industries, we have the knowledge and expertise to support your business, no matter your field.
Personalised Service: We offer a personalised approach, ensuring that you receive the best loan options suited to your business requirements.
Fast and Efficient Process: Our streamlined application process is designed to be quick and hassle-free, so you can focus on what matters most – running your business.
Dedicated Support: Our team of expert Account Directors is here to guide you through every step of the loan process, providing support and advice whenever you need it.

Frequently Asked Questions

What are secured loans?
Secured loans are loans that require collateral to secure the transaction. This means you need to provide an asset, such as property or a vehicle, which the lender can claim if you default on the loan. As a loan broker, Loan Options connects clients with lending partners who offer competitive secured loan solutions, ensuring you can access the funds you need with favourable terms.
How do secured loans work?
Secured loans work by using your asset as collateral. If you fail to repay the loan, the lender has the right to take possession of the collateral to recover their losses. Loan Options assists clients by working with lending partners to find the best secured loan options, ensuring you get the most suitable terms for your financial situation.
Can I get a secured loan with bad credit?
Yes, secured loans are often easier to obtain with bad credit because the collateral reduces the lender’s risk. Loan Options collaborates with lending partners who specialise in providing secured loans for clients with bad credit, increasing your chances of approval
How do I apply for a secured loan?
To apply for a secured loan, you need to provide details about your asset, business, and financial situation. Loan Options simplifies this process by offering a user-friendly platform where clients can easily apply and receive guidance throughout the application process, connecting them with suitable lending partners.
What types of collateral can be used for secured loans?
Common types of collateral include property, vehicles, plants & machinery. Loan Options helps clients determine the best type of collateral to use and connects them with lending partners who accept various forms of collateral.
What are the eligibility criteria for secured loans?
Eligibility criteria for secured loans typically include having a suitable asset to use as collateral, a viable business plan, and can evidence affordability. Loan Options helps clients determine their eligibility and connects them with lending partners who can provide the necessary financing.