Market Overview
Secured loans are loans secured on property, in much the same way as a mortgage. Secured loans require no upfront survey, legal or other fees. Loans are available for any purpose: debt consolidation, the purchase of a new car, home improvement, holidays, or anything your clients choose. Any amount can be borrowed from £5,000 to £250,000. A secured loan can be the most simple way to raise new or additional funding for your business if other assets are not available for security.
We work with multiple lenders to secure the most competitive rate for your circumstances. All secured loans are secured on property. To qualify for a loan clients must be over 18, resident in the UK and a homeowner. Loans are available up to 125% of the value of the property, interest only if required, with fixed rate and flexible options available.
We have special schemes available for those requiring a self certification facility that can go up to 100% of property value. There are also many schemes available for those that have had credit problems in the past and those that have already been declined for a loan elsewhere. We also have schemes available for those with a good financial track record; we can offer highly competitive rates to these types of borrowers that are often more competitive than you would achieve by going direct to lenders.
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Business Assistance is accredited by the National Association of Commercial Finance Brokers.