Secured business loan

With quick turnaround times and competitive rates, our secured business loans could help you reach your goals sooner.

Things you should know:

Fees

Fast funding to help your business grow

Backed by a number of accepted securities, our secured business loan is an ideal solution for growing businesses.

  • Loans up to $2M*

  • Flexible security options

  • Up to 30 year loan terms

  • Rates from 8.45% p.a.

Easy to understand features, variables and fees

Features Security - determined on application assessment

Maximum loan amount* $2,000,000.00 Time in business - no minimum required

Minimum loan amount $500,000.00

Minimum loan term 12 months

Maximum loan term 30 years

Principal & interest                                         ✅

Interest only^                                                 ✅

Repayments - Weekly, fortnightly, monthl       ✅

Redraw                                                          ✅

Loan variables

Loan purpose - Includes working capital, inventory purchase, property purchase, equipment purchase, business acquisitions, refinance (including tax debt)****

Loan establishment fee** 1.25% of loan amount

Discharge fee Calculated as a percentage of the loan amount

Deferred facility fee*** 2% payable

Service fee Calculated as a percentage of the loan amount

Valuation fee At applicant’s cost

*Loan amounts may vary based on information provided.

^Interest only available for a maximum of 3 years at an additional interest rate loading of 0.50%.

**Fee can be capitalised into the loan.

***Applicable if the loan is repaid before the earlier of the end of the term or the third anniversary of settlement. Customers may elect to pay an upfront facility fee in lieu of a deferred facility fee prior to settlement.

****Additional documentation may be required upon assessment.

Frequently asked questions

  • A business loan is designed to provide the funds you may require to grow your business. A business loan can be used to pay for equipment, tools, stock, start-up costs, or even to help pay your staff. With a range of free-thinking business lending options, our Direct Lender partners have solutions to suit the needs of businesses of all shapes and sizes. And, our experienced business specialists here at Model Capital Solutions Adviser can guide you through the application process and help ensure a timely approval for your business loan.

  • To apply for a business loan, you may need to provide your current business details as well as an outline of how you intend to use the funds. Documentation requirements can vary based on the type of business loan you are looking for. If you select a business loan with no mortgage security, we may need extra information about your business financials, including financial statements. For support to review your options and determine which option is right for you, send us an email at info@modelcapitalsolutions.com to inquire about how we can help.

  • If you’re looking to grow your business, a business loan can be an excellent tool to help you take the next step forward. If you’ve just started out, a business loan can support you to cover the initial start-up costs and help to get things moving. Or, if you have an established business, a business loan can support you to expand your operations, upgrade your equipment or cover any extra expenses. Whatever your goals, Model Capital Solutions free-thinking business loans can help you achieve them, sooner.

  • At Model Capital Solutions, we don’t believe your past should affect your future, that’s why we look at an applicant’s whole story to find more ways to get to yes. Even if you have a history of bad credit and need a loan to help your business grow, reach out to Model Capital Solutions today and see if we can help. You might be surprised at the options available to you.

  • Residential and commercial property is commonly used as security for a secured business loan. Depending on the lender, you may also be able to use equipment, inventory, accounts receivables or other assets or even provide a personal or corporate guarantee. When you offer an asset as collateral, the business loan is secured by the equity of that asset. If the loan can’t be met, the lender may rely upon these assets to clear the outstanding balance, interest, or fees.

  • A secured business loan requires physical security, which may come in the form of property, inventory, accounts receivables or other assets. If the loan can’t be met, the lender may rely upon these assets to settle the outstanding balance, interest or fees. An unsecured business loan doesn’t require physical assets as security. Instead, lenders will often look at the strength and cash flow of your business as security.

  • Applying for a business loan doesn’t need to be daunting. A good starting point is to seek out the services of an experienced business finance broker. You want someone who understands what you’re trying to achieve and can help ensure your loan application is approved. Contact us by email at info@modelcapitalsolutions.com to see how they can help you with a secured business loan today.