Secured Business Loans
A secured business loan differs from other types of business loans as it is secured against assets, which are used as collateral against the amount borrowed.
The use of secured business finance can be a great option for companies looking to increase borrowing amounts. Secured finance has many uses such as covering shortfalls in cash flow within a business or to increase spending amounts for new purchases.
The Benefits of Secured Business Loans
Businesses can benefit from sourcing finance secured on personal and commercial property to offset low annual profits. Many organisations take advantage of finance and loans to allow them to cover shortfalls in funding, to improve efficiency or increase investment.
Many firms are taking longer to free up cash from things such as inventory and unpaid invoices, which in turn can impact on revenue. With a wide range of versatile funding solutions available, we can help source the most suitable funding to meet your needs.
With a wide range of versatile funding solutions available, we can help source the most suitable funding to meet your needs and allow your organisation to adapt and evolve in a timely manner.
There are many benefits associated with the use of secured loans, including
- They are good loans for poor credit – securing loans on assets can improve acceptance rates
- Loans secured on assets can increase the maximum loan amount
- Secured borrowing is extremely versatile and can be used for any business purpose
RLA Capital can offer specially tailored secured loans designed to help your company manage its cash flow more effectively.