PrimeRates provides access to personalized business loan offers through our simple and quick pre-qualification application. Once you’re pre-qualified, you can select the best offer for you and finalize the business loan application with the lender.
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Our simple application takes less than 5-7 minutes to complete.
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Choose the offer that best fits your needs by comparing loan amounts and terms.
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Finalize your loan offer with the lender you selected to receive your funds.
It’s relatively common for small businesses to take advantage of secured business loans for funding. Secured loans are any type of business funding secured by some type of collateral including:
The primary difference between secured and unsecured business loans is that secured loans require collateral. This provides the lender some security on the loan in the event the business defaults.
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Most lenders will have their own requirements defining what can and can’t be used as collateral.
Some examples of collateral for a secured business loan can include:
A traditional business term loan is typically a bank loan with terms between 1-25 years and monthly repayment. This can be one of the lowest cost options but qualifying can be a challenge.
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Small business Administration (SBA) loans are a government resource that was created to help improve the U.S. economy. SBA loans can help small businesses and would-be entrepreneurs obtain financing opportunities. Lenders and banks are offered a guarantee on SBA loans in the event that the business defaults.
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A business line of credit can be similar to a credit card in the sense that it typically has a limit and can be used however you want.
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Funding Circle is a top-rated provider of secured business loans. Typically the approval process takes 5-14 days.
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» MORE: Funding Circle Small Business Loans Review
LendingClub is an online peer-to-peer lending platform that offers secured business loans.
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» MORE: LendingClub Small Business Loans Review
Founded in 2017, OnDeck is one of the largest online small business lenders in the U.S. that provides secured business loans.
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» MORE: OnDeck Small Business Loans Review
Kabbage launched in 2008 and is an online lender that provides secured business loans for small businesses.
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» MORE: Kabbage Small Business Loans Review
BlueVine is a fintech company that provides secured business loans for small to medium sized B2B or B2G businesses.
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» MORE: BlueVine Small Business Loans Review
Fundation provides secured business loans ideally for established businesses with fair or better credit scores.
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» MORE: Fundation Small Business Loans Review
Plenty of lending options that don’t require collateral are available such as SBA loans or unsecured business loans. However, secured business loans are typically offered with lower interest rates and longer repayment terms.
In conclusion, a secured business loan is an attractive option for a low-rate loan that can help take your business to the next level. Ready to take the next step? Apply online in minutes at PrimeRates.com and receive multiple personalized loan offers. You can efficiently compare offers and select the offer that best fits your needs. Once your loan is finalized you can receive funds quickly. Ready, set, save time and money at PrimeRates.com.
U.S. retail and food services sales fell 0.6 percent in July to $763.6 billion, the largest monthly decline since May 2025, weakening the case for a September Fed rate increase.
Treasury sold $25 billion of 30-year bonds at 5.216 percent on August 13, the highest yield on long-dated federal debt since 2001, as bid-to-cover slipped to 2.39.
Consumer prices rose 0.1 percent in July and 3.4 percent over 12 months. Core inflation slowed to 2.5 percent, its softest annual reading of the past year.
Treasury sold $58 billion of three-year notes at a 4.291 percent high yield on August 11, the highest since February 2025, yet demand was the strongest in nine months.
Households expect 3.6% inflation over the next year, the New York Fed’s July survey shows, with three-year and five-year readings flat ahead of Wednesday’s CPI report.
Treasury data through July 31 shows the federal government paid $1.170 trillion to service the national debt in fiscal 2026, up 15 percent with two months left.