Business Builder Secured
Sleep well. Your loan is safe and sound.
Business Builder Secured not only formalizes your loan, but also offers additional security to both partners involved.
What You Get
Documentation Services
We provide all the documents needed to set up a small business loan.
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Promissory Note
This is the meat and potatoes of your private loan. It puts in writing your loan principal, your interest rate, your payment frequency, and anything else in-between. And, it’s legally binding.
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Payment Schedule
We’ll create a payment schedule based on the loan terms you select, spelling out every due date and payment necessary to repay the loan according to the terms in the note.
Loan Security
We take the necessary steps to make sure your private loan is secure.
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Security Agreement
You tell us what the borrower is pledging for collateral and we’ll create the documentation necessary to secure the loan against that collateral.
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UCC Filing Fee
In addition to preparing the security agreement, we’ll also file that agreement, when applicable, with the appropriate county office to place a lien on the collateral.