Secured Business Loans - ABN Finance
Our expertise provides operators with the edge in securing the best rates, terms and repayment schedules. Facilitating getting quick approval for individually tailored solutions to meet specific objectives and support the operation achieve its ROI, growth and financial targets.
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Use Assets as Collateral, Get Better Rates on Secured Business Finance
Ease the pressure of acquiring affordable funding by using the assets being financed to secure credit. Avoid having to be asset-rich to get approved for cost-effective funding. Secure better interest rates, borrow the full purchase price of many assets. More easily acquire the vehicles, trucks and equipment needed to boost your business operation. Our simple format secured business financing options provide operators with extensive advantages in acquiring workable, cost-effective funding for many purchases.
The commercial lender market for this widely used and extremely popular type of credit facility is highly competitive. Utilising our services with our vast lender connections, provides operators with direct access to the most competitive rates and the opportunity to secure a more tailored funding outcome. Discuss your individual requirements with one of our brokers or simply request a quick quote and see how competitive we are in the secured business loan market.
Full Selection of Secured Business Loan Products
As specialists in commercial lending, we provide operators with a complete portfolio of secured business loan products. To acquire assets, businesses can select the most suitable facility from Chattel Mortgage, Lease, Rent-to-Own and Hire Purchase. For non-asset requirements, we provide versatile secured business loans which may suit many purposes. Request a quote on your preferred credit facility for a fast response and individually sourced solution.
- Chattel Mortgage Secured Finance
- Asset Lease
- Secured Commercial Hire Purchase
- Rent-to-Own Loans Secured
- Versatile Secured Business Loan
Secured Business Finance guides and resources
Our guides offer quick comparisons and simple explainers to help you rise above the financing process with confidence.
Specialised Business Finance
Business Car Finance
What is Secured Business Finance?
A secured business loan is commercial credit where the funds being borrowed are guaranteed by collateral or security. Typically, the goods being financed are used as the collateral for the loan. Many businesses are not required to offer additional collateral to get approved for this type of credit facility, especially for new goods.
New goods are generally easily approved as suitable collateral and as the sole form of loan guarantee. Second-hand goods need to be assessed by lenders as acceptable. The types of collateral which can be used to guarantee a commercial loan include cars, motor vehicles, trucks, heavy vehicles, and a wide range of plant, machinery and equipment.
In accepting assets as suitable security, lenders will be looking for collateral that can be repossessed and sold to recoup the funds outstanding on the loan if required. In accepting the goods as collateral, the lender makes a claim on the goods. Allowing them to repossess the assets should the borrower default on the loan.
Where secured funding is required for non-asset purchases and purposes, assets owned by the business or its principals, may be offered as collateral. These may include artwork, jewelry, real estate property, equipment, vehicles and other assets. Verifiable valuations can typically be requested where the asset is not the goods being financed.
With the funding secured with collateral, lenders can have greater confidence to approve better interest rates, higher borrowing limits and no deposit funding. To apply for secured business finance contact us online or by phone.
- Use goods being financed as loan collateral.
- Available for new and good quality used goods.
- No additional collateral required for many businesses.
- Higher borrowing limits, better rates.
- Flexible secured format funding.
Types of Secured Business Finance – Asset and Non-Asset Acquisitions
We provide secured financing for both asset acquisitions and non-asset purposes and purchases. Secured asset acquisition funding is available for new and used motor vehicles, trucks, plant, machinery, commercial vessels, commercial property, and wide selection of business equipment.
Non-asset purchases with secured funding may include a range of business expenditure where the purpose of the credit is not a tangible item which can be used as security. This type of funding does require approval of other assets as acceptable collateral. For a quote on your secured commercial credit requirements, contact Jade.
- Asset-acquisition commercial credit.
- Motor vehicles, trucks, plant machinery, equipment secured business loans.
- Non-asset secured funding.
Maximise Benefits of Secured Business Loans with Jade Finance
Securing financing using the goods being acquired as collateral provides many benefits. Using Jade Finance to secure that funding can maximise those benefits and simplify the process. With access to over 80 lenders, including specialists in key industries, we have the proven track record in securing the best rates available in this highly competitive market.
Using our leverage with lenders, our skilled brokers negotiate the lowest rates, most suitable terms, and strategically structure solutions to optimise tax deductions. Individually sourcing and tailoring secured business finance with terms and repayments to suit personal preferences, target ROI, ease pressure on cash flow and support the operation.
Our personal approach to funding, with an expert broker assigned to handle individual customer requirements, ensures a tailored solution, professional service and prompt, clear lines of communication. To have your secured credit sourced by the experts, contact Jade online or by phone.
- Best secured financing rates from 80+ lenders.
- Higher loan limits – no deposit financing.
- Commercial lending specialists.
- Experts to secure tailored secured financing solutions.
- Australia-wide services.
Businesses Eligible for Secured Commercial Loans – New, Established, Small, Large
All types of commercial enterprises can be eligible for secured financing for a wide range of vehicles, trucks and equipment. We work with large companies, small-scale operations, SMEs, partnerships, trust set-ups, family enterprises, sole traders, and self-employed operators.
Despite secured business loans being widely available and with the funds guaranteed, many new set-ups and small operators can still face challenges in getting approved. We address that issue, and provide workable outcomes, with our low doc and no doc secured financing solutions.
- Large and small businesses.
- No doc low doc options for new operators.
- Individually sourced solutions.
Our Jade consultants work closely with each customers towards achieving a cost-effective outcome.
Compare Our Competitive Secured Business Loan Interest Rates
Secured business credit is offered by many lenders with interest rates varying across the market. Ensure you are getting the best rate offer by using Jade to source your finance. We have access to over 80 lenders, opening opportunities for operators to quickly and easily find the best rates to suit their profile. To find out the best rate we can source for your secured business loan, connect with us online or by phone.
- Lowest secured business loan rates.
- Vast commercial lending market coverage – 80+ lenders.
- Personal attention, prompt service.
Streamlined Secured Business Financing Applications – Fast Approval
Simple format and simple application process. Applying for secured business loans with Jade is streamlined, straightforward and fast. Applicants will need to provide ABN, ID, financial documentation, and details of the goods to be financed.
With the required information received, your Jade broker will source the best offer from across our large lender market, and on acceptance, process your application for prompt settlement. With collateral easily available with secured financing, approvals can be even faster!
If purchasing at auction, or if you would like the confidence of approved finance prior to purchase, pre-approved secured business loans are available with Jade. To apply for a secured business loan, use our online systems or just make a call and let one of our brokers handle your application over the phone.
- Convenient online secured business loan applications.
- Apply over the phone.
- Fast 24 hour approvals.
- Prompt settlement.
Quickly Estimate Repayments – Secured Business Loan Calculator
Quickly, easily and conveniently calculate estimated repayments on secured business finance using our online calculator. Suits all types of commercial credit, all asset acquisitions, and all businesses. Compare credit facilities, compare makes, models and variants to make buying decisions, compare terms, interest rates and balloons to set your finance preferences.
- Convenient online secured business finance calculator.
- Compare, review, plan.
- Available 24/7, free of charge.
To apply for secured business finance, contact us online or by phone.
We work harder to secure the best rates.
Secured Business Finance FAQs
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Used equipment would need to be approved as acceptable collateral for secured funding. Many good quality second-hand machines can be approved for secured funding.
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Collateral is the security or guarantee provided by borrowers to get approved for a loan. Collateral may be goods such as vehicles, boats, equipment, trucks, and other items of value, or real estate property.
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Where a borrower chooses to sell a vehicle under finance prior to the end of a loan term, where the vehicle is collateral for the loan, they will need to finalise the balance owed on the finance. Typically, borrowers will finalise the outstanding amount on the loan with the proceeds of the sale. When the loan is paid out, the lender releases any claim to vehicle.
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The reference to ‘secured’ with secured commercial funding is the security or collateral provided by the borrower. The loan is considered to be ‘secured’ by the assets available for the lender to repossess if the borrower defaults on the loan.
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Collateral requirements for secured funding are subject to individual assessment of the loan to value ratio by lenders. Lenders assess the value of the collateral offered in relation to the amount requested.
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Secured loans for asset purchases include Hire Purchase, Lease, Chattel Mortgage and Rent-to-Own. Secured business loans are available for some non-asset purchases and purposes where backed by other assets owned by the business or its principals.
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With the lender having the truck being funded as the guarantee for the loan, funding without a deposit may be approved. No deposit financing is typically available on new vehicles but is subject to meeting lender criteria with strong financials and good credit.
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Asset acquisition finance are loans to fund the purchase of business assets such as motor vehicles, cars, trucks, commercial boats, plant, machinery and equipment. The types of asset acquisition loans are Lease, Rent-to-Own, Chattel Mortgage and Commercial Hire Purchase.
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Secured funding uses goods as the collateral for the funds being borrowed. The collateral is a guarantee for the lender that have an asset they may repossess and sell to recoup funds owed if required. Unsecured funding does not require collateral.
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Yes. All commercial enterprises that have an ABN and ID can be eligible to apply for commercial funding. Approval is subject to individual lender guidelines and meeting criteria.