Secured Business Loans - Loanable | Secured Loan Specialists

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Understanding Business Loans

A business loan from Loanable is designed to provide businesses with the financial support they need to grow and thrive. These loans are a source of capital that can cater to various business needs, helping to propel your venture towards success.

Here’s why our business loans might be the perfect fit for your business:

  • Tailored Financing: Businesses have unique needs, and we understand that. Our business loans range from ยฃ10,000 to ยฃ1 million, allowing you to finance your business plans and projects comprehensively, with a manageable, regular repayment.

  • Flexible Terms: We know that businesses operate on different timelines and schedules. Thatโ€™s why our repayment periods range from 1 to 30 years, enabling you to choose a term that aligns with your businessโ€™s cash flow and financial planning.

  • Wide-ranging Applications: Whether you’re planning a business expansion, investing in new equipment, covering operational costs, or dealing with cash flow issues, our business loans are designed to meet diverse business needs.

  • Understanding Approach: Traditional lenders often focus heavily on credit scores and financial history. At Loanable, we look at your complete business profile, considering your business plan, profitability, and future prospects. So, even with less than perfect credit history, your business could still qualify for a Loanable business loan.

  • 100% LTV Products Available: If you need a substantial loan that covers a significant portion of your business costs, weโ€™ve got you covered. We offer loans up to ยฃ1 million to cater to your businessโ€™s financial needs.

At Loanable, we’re not just about providing loans. We’re committed to helping you navigate the complex world of business finance. Our experienced team is ready to support you every step of the way. With our secured loans, we aim to turn your business aspirations into reality.

The Benefits of Choosing Loanable Business Loans

Our mission at Loanable is to propel your business journey. Our business loans provide a wide range of benefits, equipping you to manage your financial obligations effectively, regardless of your company’s size or sector.

  • Simplified Financial Management: Managing multiple repayments to various lenders can be complex. Our business loans provide a solution to this problem. By consolidating your financial needs into a single loan, you can streamline your finances and focus on your business’s growth.

  • Flexible Repayment Terms: We acknowledge that every business’s financial situation is unique. With repayment terms ranging from 1 to 30 years, we offer the adaptability for you to choose a repayment period that suits your business’s cash flow and growth plans.

  • Comprehensive Business Evaluation: Your business’s performance is not just about financial numbers. At Loanable, we consider your overall business situation, including your business model, market potential, and future prospects when making our lending decisions.

  • Initial Consultation: We understand that applying for a business loan can seem overwhelming, especially when you’re concerned about the potential impact on your credit rating. That’s why we provide an initial consultation. This helps us assess your overall business health and potential, guiding our lending decisions.

Choose Loanable’s business loans for a more supportive and tailored approach to business lending. Weโ€™re here to facilitate your business growth.

Secured Business Loan Use Cases

Our business loans at Loanable are designed to be versatile and can be utilized in various situations. Here are some common scenarios where a business loan could be the right choice:

  • Business Expansion: If you’re planning to expand your business operations, be it opening new outlets, scaling production, or growing your team, a business loan can provide the necessary funds to execute these plans.

  • Equipment and Machinery: Upgrading equipment or machinery, or investing in new technology, can significantly enhance your business’s efficiency and productivity. Our business loans can help you make these crucial investments without draining your cash reserves.

  • Inventory Financing: Keeping your shelves stocked or maintaining sufficient raw materials is crucial for smooth operations. A business loan from Loanable can help you manage these expenses and ensure you never fall short.

  • Cash Flow Management: Seasonal variations or unexpected expenses can disrupt cash flow, posing challenges to your operations. A business loan can bridge these temporary gaps, ensuring consistent business performance.

  • Marketing and Advertising: Effective marketing can propel your business to new heights. However, advertising campaigns, SEO, social media marketing, and other promotional activities can be costly. Our business loans can help you fund these initiatives, boosting your visibility and customer reach.

  • Debt Consolidation: Juggling multiple repayments can be stressful and challenging to manage. By consolidating your existing business debts into a single Loanable loan, you can simplify your repayments and possibly secure better terms. Learn more about our debt consolidation loans.

At Loanable, we’re committed to supporting your business aspirations with financial solutions tailored to your unique needs. Count on us to guide you towards a more prosperous business future.

Qualifying for a Loanable Business Loan

At Loanable, we are steadfastly devoted to making our business loans accessible to all. Our overriding objective is to facilitate you in re-establishing your financial balance, regardless of your business landscape or economic conditions. Whether you’re launching a startup, expanding your enterprise, or navigating a challenging financial period, our business loans are engineered to fortify your financial standing and foster sustainable growth.

Hereโ€™s a broad overview of our eligibility criteria and stipulations:

  • Age Requirement: You need to be at least 21 years old to apply for a Loanable secured loan.

  • Property as Security: A secured business loan requires property as collateral. This could be your residence or another property you own.

  • Proof of Ability to Repay: Even though we donโ€™t base our decisions solely on your credit history, we do require substantiation that you can repay the loan. This may be demonstrated through income details, savings, or a budget plan that reflects your ability to handle the new consolidated loan repayment.

  • Residency: Our business loans are available to UK residents. In terms of documentation, we usually require:

    • Proof of identity (e.g., a passport or driving license)
    • Proof of address (e.g., a utility bill or bank statement)
    • Proof of income or repayment plan
    • Details about the property being used as security

We’re proud of our inclusive approach to lending. Don’t let a lack of traditional qualifications or a poor credit history stop you from applying for a secured business loan with us. We’ll look at your entire financial situation and work hard to find a solution that suits you. Apply today and let us help you streamline your financial management.

How to Apply for Your Business Loan

We understand that dealing with money matters can be overwhelming, which is why we’ve made our loan application process straightforward and hassle-free. Here’s your step-by-step guide to applying for a secured business loan with Loanable:

  • Step 1: Complete Our Online Form
    Start by filling in our simple online form. We’ll need a few basic details about you, the loan amount you want, and the property you’re both using as collateral.
  • Step 2: Talk with Our Advisors
    Once we get your online form, one of our friendly and skilled advisors will get in touch. They’ll chat about your individual needs and financial situation, and they’ll be happy to answer any questions. This conversation lets us tailor the loan to fit your unique needs.
  • Step 3: Get Your Personalised Loan Proposal
    After we talk with you, we’ll use our know-how to find the best lender for you and put together a loan proposal that fits your situation. We’ll send this proposal to you for you to look over and approve.
  • Step 4: Legal and Property Checks
    When you’ve approved the proposal, we’ll go ahead with the needed legal checks and property valuation. We aim to do these checks quickly to avoid slowing down your loan process.
  • Step 5: Loan Payout
    After we’ve successfully done all the checks, the lender will release the funds. How long this takes can vary, but we always aim to get the money to you as soon as we can.

Our team of expert advisors is on hand seven days a week to help you throughout the application process. Feel free to reach out to us anytime. Getting a business loan with Loanable is this simple! Start your application today and take the first step towards reaching your financial goals.

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Secured Business Loan FAQs

At Loanable, we’re all about making your financial journey simple and transparent. So, we’ve gathered your most common questions about our bad credit loans, providing you with all the answers you need in one place.

A business loan from Loanable is a financial product designed to help businesses secure funds for various needs. These loans can be used for purposes like expansion, purchasing equipment, managing cash flow, marketing initiatives, or consolidating existing debts.

Remember, it’s crucial to ensure that you can meet the repayments of a secured loan, as your property will be at risk if you fail to repay the loan. Always consult with a financial advisor or trusted expert before making a decision.

Your Trust is Our Reward

At Loanable, your trust is paramount to us. We’re proud to be fully authorised and regulated by the Financial Conduct Authority (FCA). This means we adhere to the highest standards of conduct in the financial services industry, putting your interests at the heart of our business.

We’re also humbled and grateful for our clients’ positive feedback, earning us over 150 5-star reviews on Feefo.

Take the first step towards securing your property goals with a company that’s trusted by hundreds of homeowners across the UK. Get in touch with us today to explore your bridging loan options.

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Get in touch

We’ve made sure you have various ways to reach out to us. Whether you have questions, need more information, or are ready to apply for a loan, we’re here to help!

Phone: You can call us directly at 01925 988055. Our friendly team is available Monday-Sunday from 9am-7pm to assist you.

Email: Prefer typing out your queries or concerns? No problem! Reach us at [email protected], and we’ll get back to you as soon as possible.

Physical Address: If you’d rather speak to someone in person, you can visit our office at The Old Rectory, Rectory Lane, Winwick, Warrington, WA2 8LE.

Taking the Leap with Loanable:
Ready to bridge the gap in your finances with a bridging loan from us? Wonderful! Click the “Complete Our Form” button below, and let’s get started. Or if you have more questions, don’t hesitate to reach out to our team. We’re always here to ensure you have all the information you need to make the best decision. Your financial future awaits, let’s explore it together with Loanable!

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About Us.

Weโ€™re based in the North West of England with a dedicated, experienced team ofย  advisors helping homeowners, property developers and investors across the United Kingdom. We have access to over 400loans from the nation’s top lenders. Weโ€™ll match your individual circumstances to the right advisor who will source the best lender and ensure you get the correct deal.

Weโ€™re open 7 days a week Simply complete the form and one of our advisors will make contact and talk you through your options.

Our team.