Bentley Continental GT V8 Auto
A business owner of a property development company came to us in September as an opportunity had unexpectedly presented itself to him, this required him to raise some further finance for this deal to be completed.
He didn’t want to lose this opportunity as he knew that he could make a good profit from it but for him to be able to complete on this, he needed some extra funding and quickly.
The banks were not an option due to a number of reasons, the speed in which he required the money, the fact that he was self employed and also the fact that the asset he was looking to raise some finance against, which was his car, he knew the banks couldn’t help him.
We met with this client in the middle of September and spoke with him about his needs and requirements and after completing our due diligence and internal checks, on both the client and the vehicle, we were happy to lend him £25,000 for a six-month term.
The entire process from actually viewing the car and the client receiving their funds took less than 48 hours.
This outcome allowed our client to complete on his deal for which he was very pleased about.
Gold Coins and Bullion
We received an enquiry from a new client who was looking to raise a short-term loan for an investment opportunity that he believed could be very profitable for him over a short period of time.
For him to be able to take up this offer, it required funds to be raised quickly or he would miss out on this chance.
The client was already investing in gold coins and bars and as gold was currently on the increase at the time, he didn’t want to sell.
Our pawnbroking loan was the perfect solution for him as it allowed him to quickly raise finance without having to sell the gold coins.
After speaking with the client and him informing us of the coins that he had, we agreed to lend him £18,000 for a six-month period.
Once the client had accepted our offer and the coins were delivered to us, the coins were appraised and tested and once we completed our due diligence checks on the client, the funds were transferred directly into their bank account.