Secured term loan for small businesses
Use property or another asset as security to access larger loans, longer terms and competitive rates.
Requesting a quote has no impact on your credit score.
About
What is a secured term loan?
A secured business loan is financing backed by an asset you own, typically residential or commercial property. Depending on the lender, other valuable assets like equipment or inventory may also be accepted.
The collateral reduces the risk for lenders, which usually results in benefits like lower interest rates for the borrower.
Typical uses
- Renovating your business premises
- Moving to a new location
- Buying inventory
- Hiring and paying employees
- Buying equipment
- Increasing working capital
- Covering marketing costs
- Making tax payments
Eligibility
You may be eligible for a Secured term loan if your business:
0 of 3 ready. Tick what you already have.
Specific criteria can vary between lenders and products.
Requesting a quote has no impact on your credit score.
- Buying equipment or machinery and paying it off over time
- Expanding into a bigger space or a new location
- Taking on a large-scale project beyond unsecured lending limits
- Bridging cash flow while you scale up
- Consolidating existing debts into one simpler loan
You may be eligible for a secured term loan if your business:
- Has an active ABN or ACN
- Is registered and operating in Australia
- Has been trading for at least 6-12 months
Specific criteria can vary between lenders and products.
Why it works
The benefits of secured term loans
Lower interest rates
Securing your loan with an asset can mean better rates compared to unsecured alternatives.
Larger borrowing limits
Use your asset to unlock larger loan limits, ideal for funding big purchases or growth.
Longer repayment terms
Spread repayments over more time for more flexibility and smaller instalments.
Builds credit history
Repay on time to strengthen your credit profile and improve borrowing power.
- If things went wrong, could my business absorb losing this particular asset?
- Can my timeline handle a slower approval process, or do I need funds sooner than that?
- Is the asset free of other loans, and not one I'm planning to sell soon?
- You risk losing the asset if you fall behind on repayments.
- The application process can take longer due to asset valuation and added checks.
- You'll need a suitable asset to offer as security to qualify.
Secured term loan
Key features
- Loan amount
- $10,000 – $1,000,000+
- Term
- 1 – 7 years
- Speed
- As fast as 24 hours
Requesting a quote has no impact on your credit score.
Getting started
How to apply for a secured term loan
Step 1: Get a quote
Tell us what your business needs and get quotes from 95+ bank and non-bank lenders.
Step 2: Get approved
Confirm your quote and we'll manage the application with your lender, so you can focus on running your business.
Step 3: Get funded
Sign your finance documentation and receive funding. It is that simple.
Requesting a quote has no impact on your credit score.
Awarded and sorted
Awards & key milestones
Our milestones are a testament to the amazing people behind Valiant.
Our panel
95+ business lenders
in your back pocket
- All lenders
- Equipment
- Vehicle
- Working capital
- Invoice
- Trade & supply chain
- Commercial property
- Construction
Why Valiant
Just one simple application.
Let us do the heavy lifting, comparing the panel and negotiating. You get all the options side by side and choose the one that’s right for you.
Dedicated specialists by your side.
You get a personal specialist who knows which lenders suit your industry and how to structure a deal so it actually works for you.
Your credit score, protected.
Explore with no credit check. See all your options, compare them properly, and choose with confidence.
30,000+ SMEs we've worked with.
Construction, hospitality, manufacturing, healthcare. Whatever your business needs, we know how to get it funded with the right loan.
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FAQs
What happens if I default on a secured loan?
If you default, the lender can take possession of the asset used as collateral, and sell it to recover the debt. Defaulting can also negatively impact your credit score and future borrowing power.
What are the interest rates for secured loans?
With Valiant, secured finance interest rates start from 7% p.a., but the exact rate you receive may vary based on factors like your credit profile, loan amount, and asset used.
What is a secured term loan?
A secured term loan is a type of financing where you use an assets as security. This reduces the risk for lenders, often resulting in lower interest rates, longer terms, and higher loan amounts.
How much can I borrow on a secured loan?
You can borrow anywhere from $10,000 to over $1,000,000 with a secured term loan.
How do I apply for a secured business loan?
If you're considering a secured business loan, we can help. Fill out our quick form, and our lending experts will then get in contact to confirm your details and find the right funding solution for your needs.
What can be used as collateral for a business loan?
The most common form of collateral for a secured term loan is a property that you own, which can be commercial, rural or residential. Other options include personal assets of high value, equipment, vehicles, trucks, and even the equity within your business, although these are not as common.