What is a secured business loan?

A secured business loan is business finance backed by specified assets or other agreed security. Larger amounts and longer terms may be available. If repayments are not maintained, secured assets may be at risk.

What assets can be used as security?

Common examples include commercial property, machinery, vehicles, equipment, inventory, receivables and other business assets where accepted. Not every lender accepts every asset type.

What is a fixed charge or floating charge?

A fixed charge usually attaches to a specific asset such as property or machinery. A floating charge often covers a changing pool of business assets and may be documented through a debenture. Review the lender’s terms; this is not legal advice.

What fees can apply on secured borrowing?

Common costs include interest, arrangement fees, valuation fees, legal fees and early repayment charges. Compare total borrowing cost, not only the headline rate.

Are secured business loans cheaper?

Not always. Security may support more competitive pricing in some cases, but arrangement, valuation and legal costs also matter.

What happens if my business cannot repay?

Missing repayments can increase costs and damage credit profiles. The lender may be able to enforce the agreed security. If a personal guarantee also applies, personal liability may arise. Seek advice early if you are struggling.

Secured vs unsecured — which is better?

Neither is universally better. Secured finance may support larger or longer-term borrowing but puts assets at risk. Unsecured finance usually avoids pledging a specific asset but personal guarantees may still apply.

Business loans

Secured Business Loans

Q: Can a lender also require a personal guarantee?

Yes. Asset security and a personal guarantee are separate concepts. A lender may require one, the other, or both — even on a secured facility.

Q: Are secured business loans FCA regulated?

Not always. Regulatory treatment can depend on the borrower, product and security arrangement. Not all commercial business lending falls within the FCA perimeter. Check the FCA Register where relevant.

Compare dedicated UK secured business loans by collateral, borrowing amount, term, published pricing, fees and personal guarantee requirements. Eligibility criteria apply.

Security may support larger facilities

Suitable assets can support larger or longer-term borrowing.

Compare total cost

Review rates, fees, valuation costs and repayment terms.

Assets can be at risk

Secured assets may be at risk if repayments are not maintained.

Last reviewed: 14 September 2026How we compare →How WiT Money makes money →

Business loans

Choose a loan type

Start Up, unsecured and secured options under Business Loans.

Business Loans

Funding for startups, growth and working capital

Compare

Start Up Loans

Finance options designed for early-stage businesses

Compare

Unsecured Business Loans

Borrow without securing the loan against an asset

Compare

Secured Business Loans

Often larger amounts with security against assets

Viewing

Secured assets can be at risk

A dedicated secured business loan pledges specific collateral. Those assets may be claimed or sold if repayments are not maintained. A personal guarantee is a separate liability and is not implied by the word “secured”.

How to compare secured business loans

Collateral at risk

Check exactly which assets are pledged and who owns them.

Personal guarantee

Security does not remove personal liability unless the lender says so.

Borrowing & term

Confirm the published facility range and repayment horizon.

Pricing & fees

Read the rate with its period, plus arrangement and early-repayment costs.

Eligibility

Trading history, turnover, entity type and geography where published.

How we compare secured business loans

WiT Money compares dedicated secured business loans using published collateral, personal-guarantee status, borrowing range, term, pricing with its period, fees and eligibility. Default order is Provider A–Z. Monthly rates are never converted to annual rates or APRs, and there is no Recommended ranking on this page.

How we rank →Editorial policy →How WiT Money makes money →

WiT Money may receive a commission if you proceed through some provider links. This does not determine the factual product information shown or which products qualify for inclusion. How WiT Money makes money →

5 secured finance options

Product information last checked: 14 September 2026

Sort byComparison methodology →

Default order is Provider A–Z. Lowest published annual rate only uses rows where rate sorting is safe and the period is per year. Monthly rates are never converted to an annual rate or APR.

Capify

Secured Business Loan

Specialist lenderSecured term loan

Check Capify eligibility

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£75,000–£1,000,000 on the dedicated secured-loan page

Term

Current dedicated page mentions a 12-month repayment example; no reliable universal term range published on that page

Pricing

Personalised pricing

Not reliably quantified on current dedicated secured-loan page

Security at risk

Residential property owned by business owners or guarantors

Personal guarantee

Personal guarantee required

Provider criteria need confirmation

Fleximize

Secured Business Loan

Specialist lenderSecured term loan

Apply with Fleximize

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£10,000–£1,000,000

Term

3–60 months

Pricing

Rates from 0.9% per month

Nominal fee shown upfront; exact fee personalised

Security at risk

Usually an equitable charge over property; page says company or personal assets can be collateral

Personal guarantee

Personal guarantee required

Provider criteria need confirmation

Funding Circle

Secured Business Loan

Specialist lenderSecured term loan

Check Funding Circle eligibility

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£10,000–£750,000

Term

6 months–6 years

Pricing

Rates from 6.9% per year

One-off completion fee

Security at risk

Fixed and floating charge over business assets

Personal guarantee

No director/shareholder PG on secured option

OakNorth Bank

Secured Business Loan

BankBespoke secured debt finance

Contact OakNorth

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

From £1 million up to tens of millions

Term

Bespoke; no universal current term range published on secured-loan page

Pricing

Personalised pricing

Not publicly standardised

Security at risk

Collateral can include real estate, cars, machinery, stock, debtors, intellectual property and other assets

Personal guarantee

Personal guarantee may be required

ThinCats

Asset Backed Loan

Specialist lenderAsset-backed business loan

Contact ThinCats

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£1m–£30m initial funding; transactions outside range by exception

Term

Up to 7 years

Pricing

Personalised pricing

Not publicly standardised

Security at risk

Asset-backed lending; exact security tailored to the transaction

Personal guarantee

Not publicly stated

Security may be required / case-by-case

These bank facilities can take security, but it is assessed case by case. They are not dedicated secured products and are excluded from the default comparison.

HSBC UK

Commercial Business Loan

BankSecurity may be required / case-by-case

View HSBC Commercial Business Loan

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£25,001–£300,000

Term

1–10 years

Pricing

Personalised pricing

1.5% of total loan value

Security at risk

Security may be required; page references debenture or fixed charge over book and other debts

Personal guarantee

Not publicly stated

HSBC UK

Flexible Business Loan

BankSecurity may be required / case-by-case

View HSBC Flexible Business Loan

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

From £25,001; variable facilities up to £25m and fixed loans up to £10m

Term

1–20 years

Pricing

Fixed or variable

Arrangement fees may be payable and are individually negotiated; other fees may apply

Security at risk

Security required in some cases; administration fee payable if security is required

Personal guarantee

Not publicly stated

Lloyds Bank

Large Business Loan

BankSecurity may be required / case-by-case

View Lloyds Large Business Loan

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

Over £50,000; no public maximum stated

Term

1–25 years

Pricing

Personalised pricing

Not standardised publicly on current page

Security at risk

Security may be required; Lloyds may ask for evidence of assets that could be used as security

Personal guarantee

Not publicly stated

NatWest

Fixed and Variable Rate Loans

BankSecurity may be required / case-by-case

View NatWest business lending

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

From £25,001; fixed up to £10m, variable no stated upper limit

Term

1–25 years

Pricing

Personalised pricing

Product fees may apply

Security at risk

Security may be required; any property or asset used as security is at risk

Personal guarantee

Personal guarantee may be required

Secured business lending is subject to status, affordability and acceptable security. Pricing, fees and eligibility are taken from lender disclosures and may change. Monthly rates are not converted into APRs. Personal guarantees may still apply alongside asset security. Always confirm current terms on the provider’s website.

Security

What assets can secure a business loan?

Not every lender accepts every asset type. Confirm accepted security with each provider.

Commercial property

Business premises or investment property where accepted.

Machinery

Plant, machinery or production equipment.

Vehicles

Commercial vehicles where accepted.

Equipment

Business equipment with suitable value.

Inventory

Stock or inventory where the facility supports it.

Receivables

Eligible receivables in certain asset-backed structures.

Other business assets

Acceptable security varies by lender.

Fixed charge

Security attached to a specific asset, such as property or machinery.

Floating charge

Security over a changing pool of business assets, often documented through a debenture.

Security documents can be complex. Review the lender’s terms and consider professional advice where appropriate. This is not legal advice.

How secured lending typically works

Step 1
Business applies for finance
Step 2
Lender assesses the business
Step 3
Suitable security is identified
Step 4
Asset may be valued
Step 5
Loan terms and security documents are agreed
Step 6
Funds are released
Step 7
Business makes repayments

If repayments are not maintained, the lender may be able to enforce the agreed security.

LTV

What does loan-to-value mean?

Loan-to-value (LTV) compares the amount borrowed with the lender’s assessed value of the asset used as security.

Illustrative example only

Asset value: £500,000
Loan: £300,000
LTV: 60%

• Lower or higher LTV can affect pricing and availability.
• Valuations may differ from purchase price.
• LTV criteria vary by lender — not standardised.

Suitability

Who might consider a secured business loan?

Use this as a starting point — not a guarantee of eligibility or suitability.

May be worth considering if

You have suitable assets available as security
You need a larger borrowing amount
You want a longer repayment term
You are financing property, equipment or long-term expansion
Your business has established cash flow
Secured terms are more competitive than unsecured alternatives

May be less suitable if

You do not have acceptable security
You are uncomfortable putting business assets at risk
You only need small short-term borrowing
Valuation / legal costs would be disproportionate
Repayments would strain cash flow
Asset finance would better match the purchase

Personal liability

Can a secured loan also require a personal guarantee?

Yes. Security over business assets and a personal guarantee are separate concepts. A lender may require one, the other, or both.

Personal guarantee

An individual, often a company director, may become personally responsible for some or all of the debt if the business cannot repay — even when business assets are also secured.

Check the scope, limits and terms carefully before signing. This is not legal advice.

Compare loans

Secured or unsecured business loan?

Neither option is universally better — compare security, cost, term and personal liability. Secured is not always cheaper.

Aspect	Secured	Unsecured
Security	Asset/security required	No specific asset usually pledged
Typical borrowing amount	Larger borrowing may be possible	Often smaller / medium facilities
Repayment term	Longer terms may be available	Often shorter to medium terms
Application process	May involve valuation and legal work	Often quicker online journeys
Pricing	May be more competitive where security is strong — not always	Often higher effective cost
Valuation / legal work	Often required	Usually not required for asset security
Asset risk	Secured assets may be at risk	Specific business asset usually not pledged
Personal guarantee	May also apply	May still apply
Typical use	Property, equipment, longer-term expansion	Working capital, stock, shorter-term needs

Compare Unsecured Business Loans

Cost calculator

Estimate secured business loan costs

Illustrative amortising estimate using your own rate and optional fee assumptions.

Loan amount

Interest rate (% p.a.)

Enter an annual interest-rate assumption for illustration — not a verified lender quote.

Term

Arrangement fee (optional)

Valuation / legal costs (optional)

Illustrative estimate only. Secured business finance can use different pricing and repayment structures. Valuation and legal costs vary.

Estimated monthly repayment

£2,027.64

Estimated interest: £21,658.37
Estimated fees: £0.00
Estimated total borrowing cost: £21,658.37
Estimated total repayable: £121,658.37

Total costs

What can affect secured business loan costs?

Include arrangement, valuation and legal fees — not the headline rate alone.

Interest / APR

Core borrowing cost.

Arrangement fees

Lenders may charge a percentage or fixed fee.

Valuation costs

Asset or property valuation fees may apply.

Legal fees

Legal work may be required to create or register security.

Early repayment

Charges may apply for repaying early.

Total repayable

Compare total borrowing cost rather than headline rate alone.

Lender assessment

What may lenders consider?

Criteria vary by lender. Ask what happens before you offer assets as security.

Asset value

The lender’s assessed value of proposed security.

Asset type

Some assets are more acceptable as security than others.

Loan-to-value

The relationship between borrowing and asset value.

Trading history

How long the business has operated.

Turnover & cash flow

Whether the business can support repayments.

Profitability

Historic and expected financial performance.

Existing debt

Other commitments and secured borrowing.

Credit profile

Business and, where relevant, personal credit history.

Loan purpose

Why the business needs the finance.

Before offering assets as security

1Which exact assets will be secured?
2Is the charge fixed or floating?
3What valuation is being used?
4What LTV applies?
5Are valuation fees payable?
6Are legal fees payable?
7Is a personal guarantee also required?
8What happens if asset value falls?
9Can assets be substituted?
10What happens if repayments are missed?
11What is required to release the security after repayment?

Alternatives

Alternatives to a secured business loan

Other products may suit different funding needs.

Unsecured business loans

Borrow without normally pledging a specific asset.

Explore

Asset finance

Finance a particular vehicle, machine or equipment asset.

Explore

Business overdrafts

Flexible short-term cash-flow borrowing.

Explore

Invoice finance

Funding linked to eligible unpaid invoices.

Explore

Merchant cash advance

Funding repaid in relation to card sales.

Explore

Commercial mortgage

Property-specific finance where relevant.

Explore

Start Up Loans

Government-backed finance for eligible early-stage businesses.

Explore

Regulation

Regulation depends on the finance arrangement

Regulatory treatment can depend on the borrower, product and security arrangement. Not all commercial business lending falls within the FCA regulatory perimeter.

Where relevant, check the exact provider and activity on the FCA Register.

FCA Register

FAQs

Common questions about secured business loans

Quick answers before comparing lenders or applying.

About this comparison

Last reviewed: 14 September 2026
Product information last checked: 14 September 2026
Written by: Teresa MaryChief Finance Editor
Reviewed by: Not separately reviewed

Collateral, personal-guarantee status, fees and eligibility are periodically checked against lender sources. Monthly rates are never converted to annual rates or APRs, and blank cells stay unpublished.

How we review secured business loan information

UK-focused editorial research
Provider pricing checked against official lender sources
Borrowing ranges and security requirements reviewed
LTV / fee information checked where published
Personal-guarantee information checked where available
Regulatory information checked where relevant
Commercial relationships do not determine factual guidance

How we compare secured business loans

Borrowing range and repayment term
Published pricing with its rate period — never mixing monthly and annual rates
Security type and maximum LTV only where published
Arrangement, valuation and legal fees where published
Early repayment charges
Personal guarantees where stated, independently of collateral
Trading history and eligibility where verified
Cash-flow requirements and repayment flexibility
Application process — indicative timing only where verified
Official lender information and regulatory status where relevant

Commercial relationships do not determine factual provider information or our editorial guidance.

Last reviewed: 14 September 2026
Provider data last checked: 14 September 2026
Security data last checked: 14 September 2026
Pricing last checked: 14 September 2026
Regulatory information last checked: 14 September 2026

Comparison Methodology

Sources and further information

Reference links only — these organisations do not endorse WIT Money.

Found an outdated rate, LTV, security requirement or lender detail?

Email contact@witfinancegroup.com. We review reported inaccuracies and update verified information promptly.

Continue comparing business finance

Ready to compare secured business loans?

Review security, LTV and total cost carefully — then explore related business finance options.

Compare business loans Business finance hub

Business loans

Secured Business Loans

Compare dedicated UK secured business loans by collateral, borrowing amount, term, published pricing, fees and personal guarantee requirements. Eligibility criteria apply.

Security may support larger facilities

Suitable assets can support larger or longer-term borrowing.

Compare total cost

Review rates, fees, valuation costs and repayment terms.

Assets can be at risk

Secured assets may be at risk if repayments are not maintained.

Last reviewed: 14 September 2026How we compare →How WiT Money makes money →

Business loans

Choose a loan type

Start Up, unsecured and secured options under Business Loans.

Business Loans

Funding for startups, growth and working capital

Compare

Start Up Loans

Finance options designed for early-stage businesses

Compare

Unsecured Business Loans

Borrow without securing the loan against an asset

Compare

Secured Business Loans

Often larger amounts with security against assets

Viewing

Secured assets can be at risk

How to compare secured business loans

Collateral at risk

Check exactly which assets are pledged and who owns them.

Personal guarantee

Security does not remove personal liability unless the lender says so.

Borrowing & term

Confirm the published facility range and repayment horizon.

Pricing & fees

Read the rate with its period, plus arrangement and early-repayment costs.

Eligibility

Trading history, turnover, entity type and geography where published.

How we compare secured business loans

How we rank →Editorial policy →How WiT Money makes money →

5 secured finance options

Product information last checked: 14 September 2026

Sort byComparison methodology →

Default order is Provider A–Z. Lowest published annual rate only uses rows where rate sorting is safe and the period is per year. Monthly rates are never converted to an annual rate or APR.

Capify

Secured Business Loan

Specialist lenderSecured term loan

Check Capify eligibility

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£75,000–£1,000,000 on the dedicated secured-loan page

Term

Current dedicated page mentions a 12-month repayment example; no reliable universal term range published on that page

Pricing

Personalised pricing

Not reliably quantified on current dedicated secured-loan page

Security at risk

Residential property owned by business owners or guarantors

Personal guarantee

Personal guarantee required

Provider criteria need confirmation

Fleximize

Secured Business Loan

Specialist lenderSecured term loan

Apply with Fleximize

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£10,000–£1,000,000

Term

3–60 months

Pricing

Rates from 0.9% per month

Nominal fee shown upfront; exact fee personalised

Security at risk

Usually an equitable charge over property; page says company or personal assets can be collateral

Personal guarantee

Personal guarantee required

Provider criteria need confirmation

Funding Circle

Secured Business Loan

Specialist lenderSecured term loan

Check Funding Circle eligibility

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£10,000–£750,000

Term

6 months–6 years

Pricing

Rates from 6.9% per year

One-off completion fee

Security at risk

Fixed and floating charge over business assets

Personal guarantee

No director/shareholder PG on secured option

OakNorth Bank

Secured Business Loan

BankBespoke secured debt finance

Contact OakNorth

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

From £1 million up to tens of millions

Term

Bespoke; no universal current term range published on secured-loan page

Pricing

Personalised pricing

Not publicly standardised

Security at risk

Collateral can include real estate, cars, machinery, stock, debtors, intellectual property and other assets

Personal guarantee

Personal guarantee may be required

ThinCats

Asset Backed Loan

Specialist lenderAsset-backed business loan

Contact ThinCats

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£1m–£30m initial funding; transactions outside range by exception

Term

Up to 7 years

Pricing

Personalised pricing

Not publicly standardised

Security at risk

Asset-backed lending; exact security tailored to the transaction

Personal guarantee

Not publicly stated

Security may be required / case-by-case

These bank facilities can take security, but it is assessed case by case. They are not dedicated secured products and are excluded from the default comparison.

HSBC UK

Commercial Business Loan

BankSecurity may be required / case-by-case

View HSBC Commercial Business Loan

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

£25,001–£300,000

Term

1–10 years

Pricing

Personalised pricing

1.5% of total loan value

Security at risk

Security may be required; page references debenture or fixed charge over book and other debts

Personal guarantee

Not publicly stated

HSBC UK

Flexible Business Loan

BankSecurity may be required / case-by-case

View HSBC Flexible Business Loan

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

From £25,001; variable facilities up to £25m and fixed loans up to £10m

Term

1–20 years

Pricing

Fixed or variable

Arrangement fees may be payable and are individually negotiated; other fees may apply

Security at risk

Security required in some cases; administration fee payable if security is required

Personal guarantee

Not publicly stated

Lloyds Bank

Large Business Loan

BankSecurity may be required / case-by-case

View Lloyds Large Business Loan

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

Over £50,000; no public maximum stated

Term

1–25 years

Pricing

Personalised pricing

Not standardised publicly on current page

Security at risk

Security may be required; Lloyds may ask for evidence of assets that could be used as security

Personal guarantee

Not publicly stated

NatWest

Fixed and Variable Rate Loans

BankSecurity may be required / case-by-case

View NatWest business lending

You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.

Borrowing

From £25,001; fixed up to £10m, variable no stated upper limit

Term

1–25 years

Pricing

Personalised pricing

Product fees may apply

Security at risk

Security may be required; any property or asset used as security is at risk

Personal guarantee

Personal guarantee may be required

Security

What assets can secure a business loan?

Not every lender accepts every asset type. Confirm accepted security with each provider.

Commercial property

Business premises or investment property where accepted.

Machinery

Plant, machinery or production equipment.

Vehicles

Commercial vehicles where accepted.

Equipment

Business equipment with suitable value.

Inventory

Stock or inventory where the facility supports it.

Receivables

Eligible receivables in certain asset-backed structures.

Other business assets

Acceptable security varies by lender.

Fixed charge

Security attached to a specific asset, such as property or machinery.

Floating charge

Security over a changing pool of business assets, often documented through a debenture.

Security documents can be complex. Review the lender’s terms and consider professional advice where appropriate. This is not legal advice.

How secured lending typically works

Step 1
Business applies for finance
Step 2
Lender assesses the business
Step 3
Suitable security is identified
Step 4
Asset may be valued
Step 5
Loan terms and security documents are agreed
Step 6
Funds are released
Step 7
Business makes repayments

If repayments are not maintained, the lender may be able to enforce the agreed security.

LTV

What does loan-to-value mean?

Loan-to-value (LTV) compares the amount borrowed with the lender’s assessed value of the asset used as security.

Illustrative example only

Asset value: £500,000
Loan: £300,000
LTV: 60%

• Lower or higher LTV can affect pricing and availability.
• Valuations may differ from purchase price.
• LTV criteria vary by lender — not standardised.

Suitability

Who might consider a secured business loan?

Use this as a starting point — not a guarantee of eligibility or suitability.

May be worth considering if

You have suitable assets available as security
You need a larger borrowing amount
You want a longer repayment term
You are financing property, equipment or long-term expansion
Your business has established cash flow
Secured terms are more competitive than unsecured alternatives

May be less suitable if

You do not have acceptable security
You are uncomfortable putting business assets at risk
You only need small short-term borrowing
Valuation / legal costs would be disproportionate
Repayments would strain cash flow
Asset finance would better match the purchase

Personal liability

Can a secured loan also require a personal guarantee?

Yes. Security over business assets and a personal guarantee are separate concepts. A lender may require one, the other, or both.

Personal guarantee

An individual, often a company director, may become personally responsible for some or all of the debt if the business cannot repay — even when business assets are also secured.

Check the scope, limits and terms carefully before signing. This is not legal advice.

Compare loans

Secured or unsecured business loan?

Neither option is universally better — compare security, cost, term and personal liability. Secured is not always cheaper.

Aspect	Secured	Unsecured
Security	Asset/security required	No specific asset usually pledged
Typical borrowing amount	Larger borrowing may be possible	Often smaller / medium facilities
Repayment term	Longer terms may be available	Often shorter to medium terms
Application process	May involve valuation and legal work	Often quicker online journeys
Pricing	May be more competitive where security is strong — not always	Often higher effective cost
Valuation / legal work	Often required	Usually not required for asset security
Asset risk	Secured assets may be at risk	Specific business asset usually not pledged
Personal guarantee	May also apply	May still apply
Typical use	Property, equipment, longer-term expansion	Working capital, stock, shorter-term needs

Compare Unsecured Business Loans

Cost calculator

Estimate secured business loan costs

Illustrative amortising estimate using your own rate and optional fee assumptions.

Loan amount

Interest rate (% p.a.)

Enter an annual interest-rate assumption for illustration — not a verified lender quote.

Term

Arrangement fee (optional)

Valuation / legal costs (optional)

Illustrative estimate only. Secured business finance can use different pricing and repayment structures. Valuation and legal costs vary.

Estimated monthly repayment

£2,027.64

Estimated interest: £21,658.37
Estimated fees: £0.00
Estimated total borrowing cost: £21,658.37
Estimated total repayable: £121,658.37

Total costs

What can affect secured business loan costs?

Include arrangement, valuation and legal fees — not the headline rate alone.

Interest / APR

Core borrowing cost.

Arrangement fees

Lenders may charge a percentage or fixed fee.

Valuation costs

Asset or property valuation fees may apply.

Legal fees

Legal work may be required to create or register security.

Early repayment

Charges may apply for repaying early.

Total repayable

Compare total borrowing cost rather than headline rate alone.

Lender assessment

What may lenders consider?

Criteria vary by lender. Ask what happens before you offer assets as security.

Asset value

The lender’s assessed value of proposed security.

Asset type

Some assets are more acceptable as security than others.

Loan-to-value

The relationship between borrowing and asset value.

Trading history

How long the business has operated.

Turnover & cash flow

Whether the business can support repayments.

Profitability

Historic and expected financial performance.

Existing debt

Other commitments and secured borrowing.

Credit profile

Business and, where relevant, personal credit history.

Loan purpose

Why the business needs the finance.

Before offering assets as security

1Which exact assets will be secured?
2Is the charge fixed or floating?
3What valuation is being used?
4What LTV applies?
5Are valuation fees payable?
6Are legal fees payable?
7Is a personal guarantee also required?
8What happens if asset value falls?
9Can assets be substituted?
10What happens if repayments are missed?
11What is required to release the security after repayment?

Alternatives

Alternatives to a secured business loan

Other products may suit different funding needs.

Unsecured business loans

Borrow without normally pledging a specific asset.

Explore

Asset finance

Finance a particular vehicle, machine or equipment asset.

Explore

Business overdrafts

Flexible short-term cash-flow borrowing.

Explore

Invoice finance

Funding linked to eligible unpaid invoices.

Explore

Merchant cash advance

Funding repaid in relation to card sales.

Explore

Commercial mortgage

Property-specific finance where relevant.

Explore

Start Up Loans

Government-backed finance for eligible early-stage businesses.

Explore

Regulation

Regulation depends on the finance arrangement

Regulatory treatment can depend on the borrower, product and security arrangement. Not all commercial business lending falls within the FCA regulatory perimeter.

Where relevant, check the exact provider and activity on the FCA Register.

FCA Register

FAQs

Common questions about secured business loans

Quick answers before comparing lenders or applying.

About this comparison

Last reviewed: 14 September 2026
Product information last checked: 14 September 2026
Written by: Teresa MaryChief Finance Editor
Reviewed by: Not separately reviewed

How we review secured business loan information

UK-focused editorial research
Provider pricing checked against official lender sources
Borrowing ranges and security requirements reviewed
LTV / fee information checked where published
Personal-guarantee information checked where available
Regulatory information checked where relevant
Commercial relationships do not determine factual guidance

How we compare secured business loans

Borrowing range and repayment term
Published pricing with its rate period — never mixing monthly and annual rates
Security type and maximum LTV only where published
Arrangement, valuation and legal fees where published
Early repayment charges
Personal guarantees where stated, independently of collateral
Trading history and eligibility where verified
Cash-flow requirements and repayment flexibility
Application process — indicative timing only where verified
Official lender information and regulatory status where relevant

Commercial relationships do not determine factual provider information or our editorial guidance.

Last reviewed: 14 September 2026
Provider data last checked: 14 September 2026
Security data last checked: 14 September 2026
Pricing last checked: 14 September 2026
Regulatory information last checked: 14 September 2026

Comparison Methodology

Sources and further information

Reference links only — these organisations do not endorse WIT Money.

Found an outdated rate, LTV, security requirement or lender detail?

Email contact@witfinancegroup.com. We review reported inaccuracies and update verified information promptly.

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