How it Works

THE BEST POSSIBLE LOAN TO ASSET VALUE RATIO FOR BUSINESS LOANS

NO CREDIT CHECKS, AFFORDABILITY ASSESSMENTS OR NEGATIVE IMPACT ON FUTURE BORROWING FOR PERSONALLY HELD ASSETS.

ALL HANDLED IN A PROFESSIONAL AND TIMELY MANNER – AND WITH COMPLETE CONFIDENTIALITY.

STEP 1:

CONTACT US

Edinburgh Asset Finance is greatly experienced in arranging fast, confidential business loans. To arrange your loan, firstly, email or call us about your asset(s). We can often provide an estimated loan indication at that time. Next, we will arrange an appointment to suit you either at our Edinburgh head office, or at your premises if that is more convenient.

STEP 2:

ASSET APPRAISAL.

One of our skilled professional valuers will appraise your asset, We will then base a loan value against this.

STEP 3:

OFFER OF LOAN

We will produce a formal loan offer for your agreement. For assets of a Limited Company, or assets that we are unable to secure (such as a property or land), our legal representative draws up a charge agreement. Funds are available following the signing of these documents.

STEP 4:

REPAY LOAN AND RETRIEVE ASSET

You can repay your loan, plus any interest accrued, at any time. There are no early-redemption penalties connected with our business loans. We return your asset and/or title  to you following full payment. We then cancel any charge through Companies House.

Essentially, Edinburgh Asset Finance offers short-term loans. We secure these against high-value collateral which we hold (either physically or in legal terms) until you repay your loan.

We cap loan periods at a maximum of 7 months – but you can redeem your loan at any time during this period. So long as accrued interest is completely paid, we can also extend your loan past this period.

We calculate interest as simple interest. This increases the transparency of the transaction. Rates typically range from 3% to 6% depending on the size and nature of the loan.

For personally held assets there are no background or credit checks, other than proving clean title of the offered collateral. That means there is absolutely no impact on any existing or future borrowing capacity. We base the entire loan decision on the achievable trade value of the secured asset. This allows us the flexibility to act extremely quickly. Funds are normally in your account within 24 hours.

For Company-owned assets, we firstly need to determine the company share structure and ownership of those assets through Companies House. Following this, a charge is drawn up over the asset to be lodged for your loan’s duration. In these instances, we charge an upfront fee for producing pre-loan documentation. We can add this sum to the loan value offered.

Find out which luxury assets we use to secure our fast, confidential business loans here.

Request a Quote

Call us on 0131 556 2500 or complete this form for an online assessment

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