Secured Business Loans in Commercial Lending
Secured Business Loans in Commercial Lending
Aquamore’s secured business loan team was formed with the vision to support Australian business owners looking for funding to take their sole trader operations, partnership or company to new heights.
Business loans secured against property can be great for freeing-up equity trapped in assets owned by a business, where the funds can be reinvested or used for other operational expenses. Get exclusive access to competitive secured commercial loans rates by borrowing against your company’s real estate assets. Some of the reasons our clients apply for a fast secured business loan include:
- Boosting cash flow to cover unexpected costs or kickstarting R&D
- Having additional funds on-hand to invest in marketing for a product launch
- Purchasing new plant and equipment
- Secure more inventory to ensure seasonal demand is met
- Ease the financial burdens due to economic factors, seasonality, or overdue accounts receivables.
A secured business loan could be just what you are looking for in order to raise the capital you need. Perfect for early-stage companies with valuable assets – from covering a funding shortfall to buying new equipment or even financing growth. Rest assured that Aquamore can offer you the best-secured business loan rates if you own property as a company asset. For ultimate flexibility, we also consider personal guarantees on privately owned assets to help you secure the finance you need. Founded in 2016 and now one of the best private lenders in Australia, Sydney-based Aquamore is on a mission to provide Australian Small and Medium Businesses with the best-secured business loans, secured commercial loans, and other alternative funding options. Contact us today and one of our secured business loan professionals on 02 9258 8888.
A secured business loan enables companies to obtain funds by providing assets owned by the company as collateral against the loan. This type of loan is also commonly known as a secured commercial loan or asset-backed financing. Various lenders will accept different types of collateral (either tangible or intangible assets, with tangible as the preferred asset class) to offer secured loans against property. Aquamore only lends to businesses who can provide real estate as collateral. Secured business loans can be used for nearly any business purpose.
Secured corporate loans are structured to help finance your business in instances when an unsecured loan is not feasible.
By securing the loan against collateral, the lender can offer more competitive rates and longer terms compared to an unsecured loan, as they are less likely to lose money as a consequence of the borrower failing to maintain their agreed repayments.
These types of loans work well for companies that are unable to acquire financing options via an unsecured loan or want to borrow more than is generally possible through unsecured financing options.
It’s important to note that in the instance the borrower is unable to repay the loan amount, the rights of ownership and the ability to sell the asset will be transferred to the lender and will be used to recover the funds.
As mentioned above, unlike your typical lender, Aquamore requires physical assets owned by a business (such as residential or commercial property )to be used as collateral for a secured business loan. Assets such as inventory, motor vehicles and trade equipment and machinery, will not be considered an accepted form of collateral. Aquamore’s position as a boutique lender allows us to act quickly and provides an exceptionally fast timeline from approval to loan disbursement. Similar to a mortgage application, an expert valuation will be required to confirm the value of the assets.
If you’d like to know more, Apply Now or call 02 9258 8888 today.
Short Answer – Yes.
This is how Aquamore is different from your big banks and other lenders – we follow a pragmatic and logical approach to lending in order to help everyday Australian businesses succeed. As such, we are more than happy to speak with businesses who require secured business loans despite a poor credit rating. The big banks tend to overcomplicate the lending process, so we encourage you to give us a call on 02 9258 8888 or Apply Now to get your business loan application started with us today.
Secured business loans are often the best funding option for businesses that need a quick cash injection. Because these loans are secured against your business assets, such as the equity in your property, the lender will have the right to repossess your assets if you’re unable to meet the repayments. However, as opposed to unsecured loans, secured loans usually have more favourable interest rates because the loan is less risky for the lender. In many cases, you might be able to obtain a secured business loan in situations where other funding options are unavailable.
Secured business loans can be especially useful for business owners with a poor credit history. They’re also a great option for those who are just starting out and don’t meet the criteria to be eligible for a typical bank loan. It’s also worth remembering that many high street lenders have a convoluted and time-consuming application process, which is far from ideal if you need funding quickly.
At Aquamore, we’re here to make obtaining secured business loans as straightforward as possible. We take the time to understand your needs and, after determining the value of your assets, we’ll calculate fair interest rates and repayment terms for you. In many cases, we don’t need to dig deep into your credit history to determine your eligibility. That’s because our high-value and straightforward loans are secured against your property assets.
To get started with the application process, simply provide us with a few details such as the estimated value of your assets, how much you need to borrow and how quickly you can repay the loan. It only takes a few minutes to make an enquiry, and our quotes are free of charge.
Typically speaking, secured loans are easier to obtain than the unsecured alternative. From a lender’s point of view, unsecured loans are riskier. That’s because the lender stands to lose money if the borrower is unable to repay the loan. As a result, your credit history along with documents like bank statements and invoices will play a huge role in determining your eligibility for a secured loan.
Secured loans come with far fewer risks for lenders. The amount you can borrow is based on the value of your business assets (the equity in your property, in most cases). If you can’t repay the loan, the lender has the right to seize the business assets used to secure your loan. They can then sell these assets to recoup their losses. Essentially, by getting a secured loan, you’re freeing up cash from the value of your business, which you can then use to reinvest in things like research and development or to pay for unexpected costs. You might just need a quick cash injection for short-term cash flow purposes.
Because lenders face fewer risks when providing secured loans, they don’t need to look deep into your credit history or business records to determine your eligibility. This, of course, means you need to be responsible and think carefully before obtaining a secured business loan. If you need any advice, want to learn about the benefits of secured loans, or wish to find out what other options are available, we’re only a phone call away.
You might assume that if you have no credit history, a poor credit score, or a brand new business with no income, you won’t be able to access the finance you need to get things up and running. Perhaps your business has hit hard times, in which case typical bank lenders may be unwilling to provide you with the cash injection you need to tide you over. If you have very little capital and/or a poor credit rating, you may be refused an unsecured loan if the lender deems you to be too high risk. Fortunately, thanks to secured loans, you can still get the money you need to drive business growth.
Loans are secured against your assets. At Aquamore, we use the value of your business assets to determine how much funding you can access, and we can adjust loan terms on a deal-by-deal basis. We’re able to provide loans worth up to 75% of the value of your residential houses, 70% of commercial or residential apartments, or 55% of land holdings. At this time, we don’t secure loans against industrial, farming or other specialised assets, and we give preferential rates on loans secured against your first mortgage. If you need a quick cash boost and can repay the loan in instalments over the space of three to 24 months, find out how we can help.
In Australia, a small business loan is typically anywhere between $5,000 and $500,000, with the average being around $30,000. At Aquamore, our minimum small loan size is $100,000, which you could use to manage cash-flow or cover unexpected costs. However, if you need a larger cash injection, we can provide loans worth up to $5 million, which could be enough to pay for your entire development.
One of the primary benefits of small secured business loans is that they can be obtained fast. Many businesses need a quick cash injection to correct cash-flow problems in anticipation of changing seasonal trends. Others need quick loans to invest in research and development or new inventory. Generally speaking, secured business loans are a form of short-term funding. How much you can borrow will be based on the value of your assets, and you’ll repay the loan within two to 24 months.
Depending on the lender, it can take between three to six weeks to obtain a secured business loan. Don’t be surprised if the application process takes much longer if you try to get a loan from a typical bank. Banks may be required by company policy to factor in your credit history to determine your eligibility. As private loan lenders, we determine your eligibility. And, as a responsible team of experts that creates win/win situations for all parties involved, we’ll provide you with a loan with favourable terms.
If you need a cash injection and simply can’t afford to wait weeks or even months for your money to arrive, you should give our experts a call. We believe our application and approval process is the most straightforward and efficient of any private loans lenders. We also offer flexible repayment terms based on your unique requirements. To learn more about the benefits of secured business loans from Aquamore, don’t hesitate to give us a call.