Secured business loans are a common funding instrument for small businesses. A secured business loan is any type of business funding instrument secured by a personal guarantee or by pledging valuable assets as collateral.
In simpler terms, you are assuring the lender of paying back the amount you borrow. And if you are unable to repay the sum, the lender is free to utilize the pledged asset or personal guarantee to recover their losses. Secured business loans offer affordable interest rates and longer term duration.
Convert your existing loan | Pay lower EMIs by up to 56%KNOW MORE
Funds to upgrade machinery
Up to Rs. 20 lakh | Pay only interest as EMI
Manage operational expenses
Up to Rs. 20 lakh | Flexible tenor options
Avail customized loans
Up to Rs. 20 lakh | Minimal documentation