Secured Business Finance Options

We offer secured unregulated finance and hire agreements, we do NOT offer loans and do NOT offer regulated consumer agreements. 

At Bluerock Secured Finance, our secured business finance division was founded on traditional values and ideas. Today, we maintain this forward looking entrepreneurial approach – helping people obtain the finance solution they need to increase production, stability and maximise profitability.

We understand that this is a fast changing world and that many of the “off the peg” bank financial products and business loans are now dated, which is why our dynamic team offer asset finance and refinance products for your business or if needed we can create a bespoke refinance product for just you.

Bluerock Secured Finance is unique within the business finance sector. We are determined to go further than anyone else to help our clients obtain their needs.

With Bluerock Secured Finance, each customer has easy access to an expert introducer with solid experience and a full understanding of finance possibilities.

Our introducers have a real depth of knowledge and have invaluable insights into all manner of products.   We stand out in the industry because we offer access to flexible finance options for any business asset.

We do NOT offer business loans.  We offer secured unregulated asset refinance and asset finance agreements, the agreements will be secured on property.

If you accept any offer of finance we make you, you will be required to give personal and/or corporate guarantee(s) to support the finance agreement with your company and you may be asked to provide a guarantor to guarantee your businesses liabilities, in addition, dependent on agreement and amount borrowed and the credit status, we will require a unilateral notice or legal charge over your residential property and/or business property and/or any guarantor’s residential property, the charge cannot be removed until the agreement is settled and will also prevent re-mortgaging.

You can settle our agreements early and there are no additional penalties for doing so, however, you will pay exactly the same amount whether you settle the agreement early or if you let the agreement run it’s full term.   The settlement calculation is simply, all the contractual payments that would have fallen due are added together along with any notice period and risk fees with no discount and this will form the settlement figure.  We suggest to clients that are considering settling their agreements early to use their surplus funds within the business or other investments, as settling our agreement early has no saving and no benefit due to the settlement procedure that follows our strict funding covenant.

When considering whether or not to accept any offer of finance we make to you. The finance offered will not be a loan but instead will be a hire arrangement. Under a hire agreement you will have a primary term requiring a notice period of 3 months to terminate and which will be followed by a secondary term until the notice period ends. At the end of the hiring you will be given an option to regain title to the goods .

The hire agreement does not have an interest rate as it is NOT a loan, the easiest way to work out what you will pay back is to add up all your payments due.  To try and calculate an equivalent interest rate (which would be for example purposes only) you can add together all the payments due less any tax relief then you will have an equivalent interest rate after tax relief. All tax relief figures are based on 20%.  We recommend you request & review all our documents prior to entering into any finance agreement.  We do not give tax advice and hold no responsibility for the accuracy of any tax or equivalent interest rate calculations made, you should seek independent expert taxation advice from your accountant for verification on potential tax relief relating to your specific situation.

Once a finance agreement has been signed there is no cooling off period.  If you are vat registered, you may claim the vat back on the monthly payments and you will also have a vat liability upon receipt of the initial sales proceeds.

Potential fees and charges on the agreement:

Arrears fees
If you miss your monthly payment.

Bi Annual maintenance fee
A Half Yearly Management Fee of £195 plus vat is payable every six months from the date of the Agreement until the agreement ends .

Document Fee
A one-off document fee is charged at the start of the agreement

Primary Rentals
Primary rentals are the monthly payments you are paying on the agreement for the period shown on your agreement

Secondary rentals
Secondary rentals continue unless or until you give us at least three months written notice to terminate and such notice will not take effect and start to run until the Primary Period has elapsed even if it is given earlier

Security Fee
You must also pay a Security Fee equivalent as a prior condition when you are otherwise entitled to have any debenture, legal charge or unilateral notice we have registered, removed or released.

Special Risk Fee
You must insure the Goods on the finance agreement so that they are covered throughout the term. You must provide us with proof of insurance prior to pay-out of the finance transaction.  If you fail to provide Proof of Insurance and on time, we will automatically charge an increased Special Risks Fee and give you notice that the increase will remain until you have provided Proof that the goods are insured. The Special Risks Fee incurred during any period when you fail to provide Proof of Insurance will not be refundable under any circumstances. The increased Special Risks Fee will stop immediately once you prove the goods are insured.

We advise you to review terms, charges and fees on our agreements before you commit to anything.


In instances where a borrower has fallen behind on repayments, or refused to continue making payments, the lenders will have the usual rights to enforce their rights under the finance agreement and legal charge’s.  This can include:

  1. Placing a default on the customer’s credit file; or
  2. Instructing repossession agents.
  3. Appointment of a Receiver over the customer’s property or issue court proceedings to enforce their right to possession and sale of the property under the terms of the legal charge;

If you experience payment issues or your business stops trading, we strongly advise you to contact our customer services/collections department straight away who will try to help you and work with you.