If you're looking for a secured business loan, rebuildingsociety.com can help.
We connect businesses looking for a secured loan with a network of individual lenders with an appetite for lending to creditworthy businesses. We facilitate fast secured business loans at a competitive price, with no early repayment charge.
Some of the assets put forward by borrowers in secured loans include:
- Commercial property
- Manufacturing machinery
- Commercial vehicles
- Invoices
[accordion title="Our borrowing criteria"]
- Secured or unsecured loans available with fixed rates from 6.4% APR
- Loan sizes £2,000-£250,000
- Terms of 6-60 months
- Limited companies, LLPs, PLCs, and social enterprises are acceptable
- Businesses must have been trading for at least 2 years and have 2 sets of annual accounts filed (we require sight of financial accounts and management accounts covering the period ending no earlier than 60 days prior to the date of application submission)
- Good credit history required (no CCJs over £250 outstanding)
- The business must be profitable and VAT registered
- Directors/Partners must be UK residents
- Average quarterly turnover greater than £50k for the last 4 quarters
