Commercial Property Loan Prequalifier

What Is A Secured Business Loan?

A secured term loan is a common way of securing finance for your business. Secured term loans are loans provided for a fixed time period that are ‘secured’ by a physical asset that is owned by the business or one of the directors and has an assessable value. This asset is often referred to as ‘collateral’ or ‘security’. Common forms of collateral used for secured term loans include residential property, commercial property, vehicles, machinery or other equipment.

Pledging an asset as collateral for a secured term loan means that the lender can take possession of the asset if you cannot meet your agreed repayments and default on the loan. The key feature of a secured loan is that it is backed by collateral as part of the lending agreement. Lenders will charge a lower interest rate and provide the facility for a longer time relative to other business loan products as secured term loans are inherently less risky as the lender has a relatively clear way to recover any potential losses by taking possession of the asset.

Our application process

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It should take less than 10 minutes to complete.

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Receive an instant response with a ticket number to allow for easy tracking of your request.

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Expect a call back from one of our friendly staff within an hour if sent 9:30am-5:30pm AEST Monday to Friday.

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Why use Naritas Finance?

Fast and Secure

Market leading processes & technology powering the fastest approval times. Applications take less than 30 minutes.

24/7 Customer Support

Extended support hours & our leading edge customer service system providing access to advice & support when and where you need it.

Great Rates

Access to most of the best loans, with the cheapest rates from a huge variety of Australian lenders.

ASIC Regulated

All our credit advisors undergo strict background checks, maintain relevant qualifications and undergo regular bankruptcy and competency tests.

No Hidden Fees

All Naritas products and services are as advertised and have no hidden fees or charges.

Successful track record

A track record of successful outcomes for our clients that sees them return to us as opposed to going to the lender directly.