Secure Your Business Growth with an Asset-Backed Loan
Back your loan with assets such as stocks, bonds, certificates of deposit, equipment, or even cash. The assets you use as collateral protect the loan in the event of a default.
Since your loan is secured, you’ll have access to some of the most competitive interest rates.
Access borrowing advice from financial experts who know your industry.
Our team of small business financing specialists is here to help.
| Feature | Business Unsecured Loan | Business Secured Loan |
|---|---|---|
| Collateral Requirement | No collateral required | Requires business asset as collateral |
| Approval Process | Quicker due to no collateral evaluation | Depending on asset pledged as collateral, may be slower due to collateral appraisal and verification |
| Interest Rates | Typically higher due to increased lender risk | Generally lower as loan is secured by collateral |
| Loan Amount | Usually lower based on creditworthiness | Higher loan amounts available, based on collateral value and type |
| Unsecured Business Loan | No collateral required |
|---|---|
| Secured Business Loan | Collateral Requirement No collateral required Requires business asset as collateral |
| Unsecured Business Loan | Quicker due to no collateral evaluation |
|---|---|
| Secured Business Loan | Depending on asset pledged as collateral, may be slower due to collateral appraisal and verification |
| Unsecured Business Loan Secured Business Loan | Generally lower as the loan is secured by collateral |
|---|---|
| Secured Business Loan | Typically higher due to increased lender risk |
| Unsecured Business Loan | Usually lower based on creditworthiness |
|---|---|
| Secured Business Loan | Higher loan amounts available, based on collateral value and type |
Secure your business's future with our collateral-backed loans.
Our team of dedicated professionals are here to support you.
