Is a secured business loan right for your business?
Start-ups or small businesses can benefit from secured loans, with both commercial or residential property able to be used as collateral.
With the funding secured against an asset, interest rates are typically lower than an unsecured business loan – plus lenders are often more lenient with this type of business loan when assessing credit rating and debt-to-income ratio.
Shire Business Group can source you a secured business loan to generate some capital, allowing you to improve cash flow, expand your business or purchase stock.
