Get the funds required to support your business
Our Secured Business Loan provides borrowers with an opportunity to access the funding their business crucially needs. At Adelpha we believe business is personal, we take the time to look at the people behind the business, and their experience and make a commercial decision based on the merits of the entire lending proposal. Borrowers can be from new-start businesses to well-established and highly profitable businesses.
Key features:
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Quick loan application turnaround
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Finance up to £150,000
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Loan is secured against suitable property (through an equitable charge) and not the business assets
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Fixed interest rates so you know what you pay upfront
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Flexible repayments from one to six years that are tailored to your likely business cash flow or needs
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Deal direct with a dedicated account manager
Why choose an Adelpha Secured Business Loan?
Lend up to £150,000
Fast decisions
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We say "Yes" more often
Friendly service
Transparent fixed costs
Access further advances
Our Secured Business Loan is designed to be a simple and fair form of business finance. You could receive between £5,000 and £150,000. Your business cash-flows will not be interrupted as the Secured Business Loan is repaid on a schedule to suit your business needs over up to six years.
The Secured Business Loan is secured by property, usually a director's home, by way of an equitable charge. Adelpha does not restrict how you spend the advanced funds in your business as we are here to improve your cash flow, not run your business.
Banks can take a long time to make a decision on a loan application and typically adopt a rigid underwriting approach. Adelpha has no lengthy application process, once you have provided us with the information we need, you can have approval in principle within two working days.
Who can apply for a Secured Business Loan?
A Secured Business Loan is available to businesses that are registered and based in England & Wales. Security will need to be taken over a suitable property with sufficient equity available to cover the outstanding loan
Some of the benefits are:
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Apply in minutes for up to £150,000 and get a decision in principal within two working days
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A simple and hassle-free application with a high approval rate
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Repayments tailored to match your business cash-flows
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Fixed rate funding so you know your costs upfront
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A direct point of contact who will keep you informed throughout the application process
How does it work?
Our Secured Business Loan is an advance of cash you can repay over up to six years.
Repayments are tailored to your business cash-flows. A Secured Business Loan is secured against suitable property which is typically a director's home. Other residential properties are acceptable as well as semi-commercial properties. We do not require a debenture over your business assets but will require a personal guarantee, which should not be a problem given we deal with small businesses in which owners have a personal stake and believe in the business’s future.
A Secured Business Loan is a boost of funds to help your business.
1. Apply
It's easy to apply. Simply complete our secure online application form. Initially, we only require basic information like your contact details and company name.
2. Quick Call
We will arrange for an account manager to speak with you. We have extensive experience working with small businesses and this conversation enables us to better understand your business and funding requirements. Indicative loan terms will then be provided after this call.
3. Underwriting
Once you have supplied any requested information, we aim to make a decision in principal offer to an eligible business within a business day.
4. Property Due Diligence
Upon payment of a refundable fee, we complete a valuation of the property being secured, and, if applicable, we will also contact the prior charge holder for consent for a charge. We can still lend even if consentwill not be granted.
5. Legals
Subject to satisfactory valuation, we then finalise our underwriting and issue the legal documentation in respect of the funding. You are required to take independent legal advice. Once you have reviewed the documents with your solicitor, you will need to sign and return them.
6. Funding
After receipt of all the signed documents, we will perform any final checks and release the agreed funds.