Collateral Loans
Secured loans from $50,000 to 1 Million.
What Is A Collateral Loan?
Collateral Loan Is Ideal For:
- Businesses who need low cost capital for a short period of time.
- Businesses seeking a larger or longer-term funding option than a merchant cash advance or other small business loans
- Businesses looking to make a large purchase, such as new equipment or more inventory.
- Businesses planning an expansion, merger, or acquisition.
Who Can Benefit from Collateral Loans?
Collateral Loans Can Help Businesses In Most Industries, Including:
Restaurant Industry
Construction Companies
Medical Practices
Retailers
Manufacturers
Business Services
Collateral loans can also benefit restaurants, dental practices, attorneys, dry cleaners, gas stations, pharmacies, and more. No matter what industry you operate in, our expert Funding Advisors will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.
How Collateral Loans Work
Will Your Business Qualify?
Thor Capital Group small business secured loan requirements are lower than traditional lenders and other alternative funders. Approval for a collateral business loan from Thor Capital Group isn’t based solely on your credit score—we know that credit scores don’t tell the whole story, so we focus on the overall health of your business and the property. Here are some factors we consider:
- Type of collateral—we don’t accept primary residences as collateral
- Value of collateral
- Business revenue
- Years in business
- Vendor payment history
- Cash flow
- Public records
Why Get Funded By Thor Capital Group?
When you apply for a secured collateral business loan from a bank, you’ll have to complete a long application and supply up to a year’s worth of detailed financial records. The process can take months with no guarantee of approval. At Thor Capital Group, your success is what matters to us most. Funding from Thor Capital Group can be obtained quickly and easily thanks to our streamlined application and fast approval process, and our knowledgeable Funding Specialists will stick with you every step of the way.
Collateral Loans Q&A
Q: What assets can be used as collateral to secure a loan?
Q: What is required to apply for a collateral loan?
Q: Do you offer collateral loans in Canada?
A:Yes, we fund throughout Canada except for Saskatchewan.