Secured Business Loans Product Video

How do you secure a business loan with collateral? Should you get a secured business loan or an unsecured option? In this video, National's President Joe answers these questions and explains the differences between these two popular small business loan options.

So what is a Secured Business Loan?

Secured business lines of credit and loans allow you to obtain better financing offers by putting up collateral. Because collateral lowers the risk that the lender takes, this generally opens the door for lower interest rates, larger funding amounts, and better terms.

However, it's not always necessary to put up collateral on a business loan. These days, lenders are more comfortable giving unsecured business loans. It mainly comes down to the question of whether you want to put your assets (like property) at risk.

These are some of the most common types of collateral that business owners can put up to access the benefits of a secured business loan:

- Commercial real estate
- Personal real estate
- Valuable equipment

Before you put up collateral for a secured business loan, it's important to remember:
- Putting up collateral reduces the lender's risk, not yours
- The loan should be tied to the specific collateral, and not a blanket lien
- It should not be tied to your personal assets
- You should ask your lender about prepayment penalties
- Your collateral is appraised, and you should ensure it's valued correctly

To learn if a Secured Business Loan is the best option to overcome a challenge or take on a new opportunity, click here:
To learn more about our services, click on any of the options below:

Small Business Loans
https://www.nationalbusinesscapital.c...

Business Line of Credit
https://www.nationalbusinesscapital.c...

Equipment Financing
https://www.nationalbusinesscapital.c...

Hybridge SBA Loan
http://nationalbusinesscapital.com/bu...

SBA Loan
https://www.nationalbusinesscapital.c...

Asset Based Lending
https://www.nationalbusinesscapital.c...

Business Line of Credit
https://www.nationalbusinesscapital.c...

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About National Business Capital

National Business Capital is the leading FinTech marketplace offering small business financing and services. Harnessing the power of smart technology and even more intelligent people, we've streamlined the approval process to secure over $1 billion in financing for small business owners to date.

Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real-time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.

We strengthen local communities one small business loan at a time.
For every deal we fund, we donate 10 meals to Feeding America!

Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business, or personal advice from National Business Capital & Services and the author. Do not rely on this information as advice, and please consult with your financial advisor, accountant, and/or attorney before making any decisions. If you rely solely on this information, it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions, or mistakes.