Secured Commercial Loans

New for 2021 we have developed a Secure Loan product for the SME market for all business purposes.

Only available to established businesses trading a minimum of 3 years with good credit history.

Secured Commercial Loans

Credit Criteria

Business established minimum of 3 years.

  • Home owning PG's
  • Creditsafe search 
  • Tangible Net Worth 
  • No late filing of statutory accounts considered

All business purposes considered.


Fixed rate non-regulated commercial loan.

Finance Term: Typically 1 – 5 years
Min – max advances: £50,000 - £300,000


1st or 2nd legal charge only.

Combined maximum LTV 67.5% based on KAFL property valuation.

Residential property (not Buy to Let), or commercial property located in England or Wales (not Scotland or NI) as security.


Standard documentation fee: 1.2% of advance

Legal fees: £750 + VAT (estimate) payable prior to instructing solicitors

Pricing (subject to credit)

Minimum net yields to KAFL: 9%
Broker commission: Refer to underwriter

All new proposals should be sent to the following email address

Requested Information

  • Completed proposal form
  • Loan purpose
  • Latest statutory accounts
  • Management accounts
  • Last 3 months bank statements
  • Asset & Liability statements
  • Consent to carry out credit searches
  • Up to date KAFL valuation of property
  • Up to date mortgage statement

Please note we will require personal guarantees on all proposals. Guarantors must be homeowners as we cannot accept tenants.