Secured finance
Secured business finance
For larger or more complex requirements, where offering security can unlock a bigger facility or a longer term than an unsecured arrangement.
- Configured amounts
- £50,000 – £500,000
- Terms
- 12 – 60 months
- First 6 months
- Interest-free, capital only
No interest is charged for the first six months — you repay capital only. Interest applies to the remaining balance from month seven, spread across the rest of the term. Every request is reviewed by a funding specialist.
Who it suits
Is this the right fit for your business?
Funding works best when the structure matches the reason for borrowing. These are the situations this option is usually suited to.
- Established businesses with assets or property available as security
- Larger funding requirements or longer terms
- Projects with a longer payback period, such as premises or heavy equipment
- Refinancing several commitments into one arrangement
Common uses
What businesses use it for
- Property purchase, refurbishment and fit-out
- Substantial equipment and machinery
- Acquisitions and management buy-outs
- Consolidating existing facilities
- Multi-year growth projects
How it works
From enquiry to completion
- 1
Security is identified
Typically commercial property, plant or other substantial business assets. What is acceptable depends on the arrangement.
- 2
The asset is assessed
Security is valued and reviewed. This adds steps to the process compared with an unsecured facility.
- 3
Terms reflect the security
Offering security can support a larger amount and a longer term than the same business would achieve unsecured.
- 4
Charges are registered
A charge over the asset is registered as part of completion, and released when the facility is repaid.
What we ask for
Have these to hand and the process moves faster
We will always tell you exactly what is needed before you upload anything.
- Recent business bank statements
- Management accounts or your most recent filed accounts
- Details of existing finance commitments
- Company details and identification for directors
- Details of the asset offered as security
- Any existing charges over that asset
Illustrative figures
See what repayments could look like
A calculation based on a rate assumption held in site configuration. It is not a quotation and not a credit offer.
£2,000 – £500,000
Months 1–6 · interest-free
£3,125.00
Then £3,453.80 a month for the remaining 18 months
No interest for the first 6 months — you repay capital only.
Illustrative estimate. Figures are worked out from a configured assumption that has not been verified and are not a quote or an offer of finance. Actual rates, terms and availability depend on assessment of your business.
Business finance is a commitment. Repayments must be met from business income, and missed payments can affect your business. Consider affordability before applying.
Things to weigh up
What to consider before you borrow
Business finance is a commitment. These are the points worth thinking through honestly before you apply.
The asset is genuinely at risk
If the facility is not repaid, the secured asset can be recovered. This is the central trade-off and should not be treated as a formality.
It takes longer
Valuation and legal work add time. If you need funding urgently, an unsecured facility may fit better even at a higher cost.
Additional costs
Valuation and legal fees may apply. Any such costs will be set out before you proceed.
Take independent advice
For larger or more complex arrangements, independent legal advice is sensible before granting security.
FAQs
Questions about this option
Other options
Compare other structures
Ready to move your business forward?
Start with an eligibility check, or talk it through with a funding specialist first. Either way you will get a straight answer about what may be possible.
£500 onboarding cashback when you complete onboarding
UKCapitalFund - Funding Circle Ltd is authorised and regulated by the Financial Conduct Authority under firm registration number 722513.
UKCapitalFund - Funding Circle Ltd is not covered by the Financial Services Compensation Scheme.
Registered in England (Co. No. 06968588) with registered office at 71 Queen Victoria Street, London, EC4V 4AY.
UKCapitalFund - Funding Circle Ltd is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your FlexiPay account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011.
UKCapitalFund - Funding Circle Ltd also provides a FlexiPay Business Credit Card. This is separate and unrelated to the account and payment services you receive from Modulr FS Limited. The FlexiPay Business Credit Card is issued by Monavate Ltd (Company Number: 12472532) authorised in the UK by the Financial Conduct Authority to issue electronic money (e-money) and provide payment services (Firm Reference Number 901097). The card is issued by Monavate Ltd pursuant to licence by Visa.
