How It Works

It couldn’t be easier.

Fill in our short ‘Get a Quote’ form. Receive your quote. Let us inspect your item and make you an offer. Accept our offer and receive the loan.
There are no upfront additions to your loan. Almagrove does not add any set up fees.

Early Repayments – You may repay early at any time, in full or in part, without paying any additional charges. You only pay interest for the number of days that you have borrowed for.
Please Contact us with any further questions.

APR and Terms of Loan

  • Our minimum rate of APR is 18.8% . Our maximum rate of APR is 61.5%. Representative APR: 40.15%
  • All loans are for a minimum of 1 month to a maximum of 6 months.. You can repay early at any time with no penalty fees.
  • Representative Example: Total credit: £5000. Loan term of 6 months. Annual Interest rate: 42% (fixed). Interest for 6 months: £1050. Amount repayable in one installment: £6050.00
  • Risk Warning: If the loan is not repaid, the assets may be sold. Your asset covers the whole debt and you will receive any surplus after sale if the loan is not repaid. You will not be liable in the case of any shortfall between the amount that you have borrowed and what the assets are sold for at disposal.

How It Works

There are 5 easy steps to get the Raising Funds on Your Personal Assets
01
Submit Request
Our application process is fast and efficient. You’re welcome to speak directly to an advisor or fill in our quick online form with a description of the asset you wish to borrow against.
02
Receive Quote
Next we’ll send you a quote based on the information provided.
03
Inspection
If you’re happy to proceed we would then take the item for inspection. We can collect fully insured on items up to £25,000. Larger or more valuable items will be collected via specialist couriers.
04
Get Offer
We will then confirm our quote or alter it if the item is damaged or not as described.
05
Get Loan
The final step would be the accepting of the offer followed by funds being sent straight into your account.