A collateral business loan is a secured loan that uses commercial real estate as collateral to reduce the risk to the lender, which in turn helps reduce the cost of the loan. Because the funding is secured, small business owners also typically qualify for more funding than they would with revenue-based financing that isn’t secured by “hard” collateral.
Greenbox Capital® offers collateral business loans from $50,000 up to $250,000, with no restrictions on how you can use your funds. The terms of your collateral business loan will depend primarily on the value and type of collateral offered, your business’s cash flow, and the business owner’s background, personal credit, and repayment history. 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.