Do I need to provide security for my business loan?
If you want the best deal in terms of rates or fees, then providing property security to cover the loan is the best approach. However there are a number of different ways without requiring property security such as the funder relying on your cash flow to repay debt quickly, through directors guarantees should the director have substantial assets supporting the guarantee, a debenture charge over the company assets, and leasing where the car or business equipment is taken as security.