Asset-Backed Financing

Secured Lines of Credit

Access $50,000 to $5,000,000 in flexible business credit at lower rates by using your assets as collateral. Perfect for businesses seeking higher limits and better terms.

What is a Secured Line of Credit?

A Secured Line of Credit is a flexible financing solution where your business assets serve as collateral, allowing you to access higher credit limits at lower interest rates compared to unsecured options. You only pay interest on the amount you use, making it an efficient way to manage cash flow.

Key Benefits

  • Lower interest rates than unsecured credit lines
  • Higher credit limits based on collateral value
  • Flexible repayment terms
  • Revolving credit that replenishes as you pay
  • Potential tax benefits (consult your tax advisor)

Ideal For Businesses That:

  • Have valuable business or personal assets to use as collateral
  • Need access to a large credit line
  • Want to reduce their cost of capital
  • Have variable or seasonal cash flow needs

Loan Terms

  • Credit Limit:$50,000 – $5,000,000
  • Interest Rate:Starting at 5.99%
  • Term Length:1-5 years (renewable)
  • Draw Period:Up to 5 years
  • Repayment:Interest-only during draw period
  • Time to Funding:2-4 weeks

Eligible Collateral

  • Commercial Real Estate (50-80% LTV)
  • Residential Investment Properties (65-75% LTV)
  • Marketable Securities (50-90% LTV)
  • Equipment & Machinery (40-70% LTV)
  • Accounts Receivable (70-90% LTV)
  • Inventory (30-50% LTV)

Secured vs. Unsecured Lines of Credit

Understanding the key differences to choose what's right for your business

Secured LOC

Asset-Backed Credit Line

  • Lower Interest Rates

    Starting at 5.99%

  • Higher Credit Limits

    Up to $5,000,000+

  • Easier Approval

    Credit based on collateral

  • Longer Terms

    Up to 5 years

Unsecured LOC

Credit-Based Financing

  • Higher Interest Rates

    8.99% and up

  • Lower Credit Limits

    Typically under $250,000

  • Strict Requirements

    Excellent credit needed

  • Shorter Terms

    1-3 years typical

Simple Application Process

Get approved for your secured line of credit in just a few steps

1

Pre-Qualification

Complete our quick application and submit basic business information

2

Documentation

Provide financial documents and collateral information

3

Underwriting

Our team reviews your application and collateral

4

Funding

Sign documents and get access to your credit line

Required Documentation

  • Business tax returns (2-3 years)
  • Personal financial statement
  • Collateral documentation
  • Business bank statements (3-6 months)
  • Business debt schedule
  • Government-issued ID

Ready to Secure Your Business Line of Credit?

Our financing specialists are ready to help you access the capital you need with competitive rates and terms.

Have questions? Contact our credit team for more information.