A Secured Business Loan is also known as Asset-Backed Lending. A secured loan for business allows you to access funds by pledging an asset as security.
A secured business loan is one of the most common financing instruments for SMEs. The assets pledged as collateral lowers the risk for the lender provides for a competitive interest rate. In case of inability of repaying the loan, the lender takes custody of assets such as land, property, or equipment provided as security against the loan.
A Secured Business Loan is one of the most economical ways to secure funds for working capital, buying assets for a business, or scale up operations. With the flexibility of repayment in up to 10 years and a lower interest rate Secured Business Loan acts as a growth enabler for SMEs
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An innovative solution designed specifically to cater to the financial needs of small and medium enterprises.
There are many advantages to using a secured business loan over unsecured borrowing including a lower interest rate.
Just apply and we will assess your application & revert within 24 hours. Our relationship manager will assist you with all your queries.
We can get you the funding you need in as little as 48 hours. We also provide top-ups, repayment holidays, and flexible repayment terms.
We don’t believe in hidden fees. There are no set-up, application, or arrangement fees when you apply online. You know exactly what you are paying, upfront.
We don’t levy any charges for the early repayment of the loan. Grow as fast as you can. On average, our customers save 44% on interest by repaying early.
We have been rated ‘excellent’ by our customers on the Trust Pilot. Our trust and commitment are evident from the fact that we have 67% recurring business from our existing customers.
The primary purpose of BCA is to inject cash in the business with a pre-fixed rate charged against your expected future transactions including credit card payment receipt.