Key points
Time-sensitive business opportunity
Capital required before expected funds became available
Diamonds used as security
Background
Entrepreneur A identified a time-sensitive business opportunity that required capital before other expected funds became available. They had a number of diamonds that could provide security for the required funding.
Solution
Following valuation and assessment of the diamonds at a secure location, £40,000 of Asset-Backed Bridging finance was provided against the eligible assets. The jewellery was securely held throughout the agreement.
Outcome
An opportunity that would have passed us by. Release My Capital moved at a pace I didn't think was possible for a loan of this size.