A collateral business loan is a secured loan that uses real estate as collateral to reduce the risk, which in turn reduces the cost of the loan. Because it’s a secured loan, small business owners can typically qualify for more funding than they would with revenue-based financing that isn’t secured by “hard” collateral.
Greenbox Capital® offers small business secured loans from $50,000-$250,000, with no restrictions on how you can use your funds. The terms of your collateral business loan will depend primarily on your business’s cash flow, the business owner’s background, personal credit, repayment history, and the value and type of collateral. At Greenbox Capital, we never want to put anyone’s primary place of residence at risk, so we only accept developed property that is not the business or property owner’s primary residence as collateral.