Lower cost, longer terms, larger amounts
Secured Business Term Loan
Where you have equity in property, securing the loan against it unlocks materially better pricing, longer terms and larger amounts than an unsecured facility can reach.
- Amount
- $50,000 - $1M+
- Term
- 1 - 15 years
- Security
- Residential or commercial property
- Funding
- 1 - 3 weeks
How it works
What is a secured business term loan?
A secured term loan uses residential or commercial property as security. That reduces the lender's risk, and the saving flows through to you as a lower rate and a longer term, which usually means a repayment your cash flow barely notices.
The trade-off is time. A valuation and a mortgage registration take longer than reading bank statements, so expect one to three weeks rather than days. For larger or longer-term needs, that wait is generally worth it.
Who is it for?
- Business owners with equity in residential or commercial property
- Businesses needing more than an unsecured facility can cover
- Owners consolidating several expensive short-term facilities
- Established operators funding a significant purchase or expansion
Common uses
- Buying a business or buying out a partner
- Consolidating high-cost short-term debt into one repayment
- Purchasing commercial premises or funding a major fit-out
- Large equipment purchases outside a standard asset finance profile
- Releasing working capital held up as equity
Questions
Common questions answered
Last reviewed . Amounts, terms and security are indicative; the lender sets them on assessment.
Guides
Worth reading first
Can you get a business loan with ATO debt?
Often, yes. What decides it is whether the debt is under a payment plan, whether your lodgements are up to date, and how the debt compares with what the business turns over.
Low-doc business loans: what lenders actually ask for
Low-doc means proving income with something other than full financial statements and tax returns. For smaller amounts that is often just bank statements; for property-secured loans it usually means BAS and an accountant's letter.
Business loans for new businesses: what's possible in year one
Most unsecured lenders want at least six months of trading, but asset finance, property-backed lending and invoice finance can all work earlier. Buying an established business is treated differently again.
Other options
Explore the rest of our funding
Unsecured term loan
Funding without putting up property
$5,000 - $500,000Line of credit
Funds on standby, interest only on what you use
$10,000 - $500,000Equipment & asset finance
The asset secures itself
$10,000 - $1M+Invoice finance
Get paid now, not in 60 days
Up to 85% of invoice valueBusiness car loan
Vehicles financed on business terms
$10,000 - $250,000Trade finance
Fund the gap between paying suppliers and getting paid
$50,000 - $1M+Development & construction
Funding drawn down as the build progresses
$500,000 - $20M+