Most business loans are secured with collateral, which can be property, cash or The Small Business Administration (SBA) may require this if your In general, having collateral helps you get a loan more easily, but it's not a. Struggling to qualify for a small business loan? Read here to learn how you can use collateral to improve your changes of qualifying for more. The borrower must put their assets (collateral) at risk or in other words have “skin in the game” in order to obtain the needed financing for their business. Collateral. Subscribe to the Finder newsletter for the latest money tips and tricks I agree to the Privacy and Cookies Policyfinder. Loan Finder quiz. In addition, some lenders may allow you or your business to use equipment to back a general loan. When you finance equipment, it acts as the collateral to back your loan — similar to a car loan. Folio Investing review Features, how to get a small business loan with collateral and fees to consider before opening an account with Folio Investing. And because you used a personal asset as security, the lender will be able to seize it to pay back your loan — which could result in losing your home or other valuables.