Secured business loans backed by property

The main difference is that secured business lending uses property as security, while unsecured business loans generally do not require property to be provided as upfront security.

Depending on the lender's lending criteria and your circumstances, providing security may allow access to different funding options than unsecured lending.

For Bizcap's secured commercial loans, property is used as security.

As part of the application process, we'll assess the property together with your business and the information you provide. Additional security or guarantees may be required depending on the application.

Yes.

Bizcap accepts property as security for secured business loans. Residential and commercial property may be considered, subject to Bizcap's lending criteria and assessment.

Bizcap offers secured commercial loans from $30,000 to $7.5 million.

The amount available will depend on your individual circumstances and Bizcap's lending assessment.

Not necessarily.

The cost of secured small business loans depends on a range of factors, including the loan amount, loan term and the lender's assessment. When comparing loan options, it's important to consider the overall cost, fees and repayment structure, not just the interest rate.

No.

You may still be eligible for small business secured loans if your property has an existing mortgage. As part of the assessment process, Bizcap will consider factors such as the available equity in the property.

Approval timeframes vary depending on the application and how quickly any additional information can be provided.

Eligible businesses may receive funding in as little as 24 hours once all required information has been received and the application has been approved.

Secured business loans can be used for a range of business purposes, including:

- Managing cash flow
- Purchasing equipment
- Buying inventory
- Refinancing existing business debt
- Funding business growth
- Covering day-to-day operating expenses

The intended use of funds will be considered as part of the application.

Secured commercial loans are commonly used for a range of funding requirements, including larger loan amounts.

The amount available will depend on your individual circumstances and Bizcap's lending assessment.

The main risk of secured business lending is that the property used as security may be at risk if the loan obligations are not met.

Before applying, it's important to understand the loan terms, repayment obligations and whether the funding is appropriate for your business.

Eligibility for secured small business loans depends on the lender's requirements and your individual circumstances.

To apply for a secured business loan with Bizcap, your business must:

- Have an active ABN or ACN
- Have been trading for at least five months
- Provide property as security

Additional information may be required as part of the assessment process.