Secured Loans Guide

Secured Business Loans UK 2025: Complete Guide

Use property or assets as security to access £10k-£5m at 4-12% APR. Lower rates, higher amounts, but your property is at risk for your business growth.

£10k-£5m
Funding range
4-12%
APR range
60-70%
Max LTV
4-8 weeks
Timeline

What Can You Use as Security?

Commercial property

Business premises you own

Residential property

Your home (second charge possible)

Business assets

Equipment, vehicles (asset finance)

Property portfolio

Multiple properties

Land

Development or agricultural land

Loan-to-Value (LTV) Limits

How much you can borrow based on property value:

Security TypeMax LTV£300k Property
Commercial property (owner-occupied)
70%£210,000
Residential property (your home)
60-70%£180,000-£210,000
Second charge (existing mortgage)
80% combinedDepends on equity

Interest Rates by Security Type

Commercial mortgage (owner-occupied)

4-7% APR

LOWEST RATES

Commercial mortgage (investment property)

5-9% APR

Second charge on home

6-12% APR

Bridging loan (short-term)

0.5-1.5% monthly (6-18% APR equivalent)

Secured vs Unsecured: Cost Comparison

£100,000 Over 5 Years

Secured

CHEAPER
APR:

6% APR

Monthly:

£1,933/month

Interest:

£15,980 interest

Unsecured

APR:

15% APR

Monthly:

£2,379/month

Interest:

£42,740 interest

Savings with secured: £26,760 (63% less interest)

Risks of Secured Loans

Critical Risks

Property repossession: Lender can force sale if you default
Negative equity risk: If property value falls, you may owe more than it is worth
Lengthy legal process: If things go wrong, can take 12-18 months to resolve
Personal guarantee usually still required: Directors liable beyond property value

Only use secured loans for investments with clear, predictable ROI. Never borrow more than you can afford from business cash flow alone.

When Secured Loans Make Sense

Good uses:

Property purchase (commercial premises)
Major business expansion with proven model
Large equipment purchase (£100k+)
Business acquisition
Refinancing expensive unsecured debt

Bad uses:

Speculative ventures
Covering losses
Paying personal debts
Unproven business ideas

Application Process

1

Property valuation: Surveyor visit (£300-£1,000)

2

Legal work: Solicitor fees (£500-£2,000)

3

Credit checks: Business and personal

4

Financial review: 2-3 years accounts

5

Offer: 3-6 weeks typical

6

Completion: 1-2 weeks after offer

Total timeline: 4-8 weeks (vs 48 hours - 2 weeks for unsecured)

Conclusion

Secured loans offer lower rates (4-12% APR vs 8-35% unsecured) and higher amounts (up to £5m), but put your property at risk.

Choose secured if:

You own property, need large amounts (£100k+), want lowest rates, have clear repayment plan from business cash flow.

Choose unsecured if:

Do not own property, need under £100k, want fast approval, or are not confident about repayment.

Compare Secured & Unsecured Options

We will calculate whether secured or unsecured saves you more money

Based on your needs, property equity, and risk tolerance

Compare Loan Options

Frequently Asked Questions

What can I use as security for a secured business loan?
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You can use: Commercial property (business premises you own), residential property (your home, second charge possible), business assets (equipment, vehicles for asset finance), property portfolio (multiple properties), land (development or agricultural land).

What are the loan-to-value (LTV) limits?
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LTV limits vary by security type: Commercial property (owner-occupied) - 70% LTV (£210k on £300k property), residential property (your home) - 60-70% LTV (£180k-£210k on £300k property), second charge (existing mortgage) - 80% combined LTV (depends on equity).

What are the risks of secured loans?
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Critical risks: Property repossession (lender can force sale if you default), negative equity risk (if property value falls, you may owe more than it is worth), lengthy legal process (if things go wrong, can take 12-18 months to resolve), personal guarantee usually still required (directors liable beyond property value).

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