Secured Term Business Loans

Big plans call for bigger borrowing power

Leverage your assets to access higher loan amounts, competitive rates, and flexible terms.

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Build your business, using the business you’ve built.

Makes sense, right? Secured loans¹ let you leverage the business assets you already have to unlock greater borrowing power and smarter financing options you can use to fund your next big investment.

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More borrowing power

Use currently owned assets as collateral to secure a bigger loan.

Better rates & terms

Since you have collateral, secured loans can offer lower rates and terms² with flexible repayment options.

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Local expertise

Work directly with a lender who can deliver personalized advice about your business and market.

Ready to borrow bigger?

Find a Lender

Business Secured Term Loans FAQs

Secured-term loans offer financing backed by the lender’s collateral. Since your loan is backed by this collateral, you can access higher loan amounts, lower rates, and more flexible terms.

Just about any other valuable asset your business owns can be considered for collateral, including vehicles and investments.

Not only do secured loans typically offer lower interest rates and higher borrowing limits, but they also come with more flexible approval requirements, since the presence of collateral reduces the risk to lenders like us.

The first step is to connect with a local LMCU commercial lender. They’ll walk you through the application process and begin to evaluate your credit, business financials, time in operation, and the value of your collateral to determine the loan amount you qualify for.

Since we review applications and make our final approval decisions locally, you can get approved faster, with a personalized approach and a tailored loan package.

Secured-term loans are designed to support both long-term investments and day-to-day operations. Approved funds can be used for just about whatever your business needs. Common uses include:

Expansion
Equipment purchases
Working capital
Refinancing existing debt

We aren’t just lenders: we’re locals.

Our business members love our commercial lending options for their flexible financing and competitive terms that come paired with personalized insights about their unique market.