Read about our loans against luxury cars
A secured luxury car loan was the route to fast cash for the business
Edinburgh Asset Finance lends against all makes of luxury car. These include Bentley, Ferrari, Range Rover plus classic cars like Jaguars and Mercedes.
Only ever driven occasionally, our customer’s 911 benefitted from garage storage and careful attention. Thanks to its condition, and the fact that luxury, classic and sports cars make great assets for luxury pawnbroker loans, we were able to loan our customer £7000. We offered a higher amount, however our customer required only £7000 to steady his cash flow situation.
After six weeks, throughout which we securely stored our customer’s Porsche in our 24-hour monitored and heated warehouse, our customer settled his loan and we returned the car.
What Are The Advantages of Loans Against Luxury Cars?
Like all Edinburgh Asset Finance loans, our loans against luxury cars move fast and are a great alternative to logbook loans. Cash is often in customers’ accounts on the same day we agree the loan terms. In this case, that meant an instant solution to our customer’s cash flow problem.
Another huge plus across our loans against luxury cars is the fact that no banks or other lenders are aware of the loan. That means there’s no impact made on our customers’ future borrowing. We require no credit check or affordability assessment either: we loan solely on the value of your asset. In the case of cars – and motorbikes and boats – all we ask is that the vehicle has a resale value of at least £4000. You can find out more about our loans against luxury cars here
What our customer told us about his loans against luxury cars
Our customer returned to us for a number of additional loans against his luxury car. It’s an arrangement that he knows he can rely on, and it’s meant his business has been able to grab numerous opportunities from a growing list of bigger firms. We’re also happy to say that our customer recommended Edinburgh Asset Finance to other business associates who may otherwise have considered logbook loans.
Here’s what he said about his own experience.
“Loans against luxury cars? It’s a five-star discreet service from Edinburgh Asset Finance.”
“Edinburgh Asset Finance has provided the answer to my business cash flow challenges on a number of occasions.
After my bank let me down, I turned to Neil and the team at Edinburgh Asset Finance and they clearly explained how loans against luxury cars work. I was happy to proceed and even happier to find that the rate of interest was far more competitive than I’d imagined. I’d heard horror stories about the cost of borrowing, but this was definitely not the case with Edinburgh Asset Finance.
I received same-day cash, and each time I deal with the company I am treated professionally, fairly and with complete discretion. It’s a five-star discreet service that I thoroughly recommend.”