Secured Small Business Loans

Secured small business loans enable small and medium-sized companies to secure funding quickly and easily. Learn more about these types of loans to determine the best fit for your business needs.

Who are secured small business loans for?

Secured small business loans are loans that are backed with collateral. If the loan is not paid back, the lender can claim possession of the asset that was put up for collateral. Depending on the type of secured business loan required and the lender and borrower’s preferences, collateral can vary from personal property such as real estate or car to business inventory, equipment, and invoices. Merchant cash advances, invoice factoring, and equipment financing are common types of secured small business loans.

What are the benefits of secured small business loans?

The best secured business loans often carry lower rates, more flexible terms, and fewer fees than unsecured loans. The flexibility to use personal or business assets as collateral can also be a benefit for businesses who are newer and may not have much in the way of business assets.

How do I apply for a secured small business loan?

In addition to documentation such as bank statements, tax forms, and credit reports, secured small business loans also require additional time and paperwork to secure the collateral and appraise it if necessary.

When do I need a secured small business loan?

Since secured small business loans require additional time and paperwork due to the collateral, they are not approved and funded as quickly as unsecured small business loans. Regardless, the best time to get a small business loan is always before your business needs it. That way, you’ll be able to do your research, make a funding decision confidently, and get the best rates available.

Types of Secured Business Loans

Merchant Cash Advance

Merchant cash advance options are an easy way to turn sales into cash and get you the liquidity you need.

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Invoice Factoring

Learn to turn your receivables into cash with invoice factoring.

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Equipment Financing

Secured equipment financing gets you exactly what you need to get the job done.

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SBA Loan

SBA loans provide funding to qualified American small businesses.

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Other Small Business Loans Available

Unsecured Business Loans

Financing a small business with no collateral can be challenging in today’s lending market. That’s why StreetShares is committed to providing you with the best options for getting the cash you need when you need it most.

Business Lines of Credit »

Short-term Business Loans »

Inventory Loans »

Working Capital Loans »

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Veteran Business Loans

Our team of Vets has your back.

We build flexible and affordable financing solutions to meet the needs of you and your business.

Seize your American Dream with fast & affordable small business financing for veterans.

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