Asset-Backed Debt Consolidation
Bring your existing borrowing together with asset-backed lending.
Overview
We can consolidate eligible existing borrowing into a single asset-backed facility, bringing your commitments together and simplifying your repayment arrangements. We take a discreet, individual approach and can work alongside your professional advisers where appropriate to structure the facility around your circumstances.
Why choose us
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Structured around the borrowing you wish to consolidate and the eligible asset provided as security.
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No credit reference agency search is required for qualifying pawnbroking agreements. Lending is secured against an eligible asset, with identity and other required checks still carried ou
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Decisions often made the same day you enquire. Funds usually released within an hour of completing documentation.
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6 month term, with the flexibility to settle early without penalty, subject to 28 days’ notice.
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Your enquiry is handled discreetly by a dedicated point of contact, with a private and confidential service throughout
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Your asset is pledged as security and securely held in specialist storage for the duration of the agreement, before being returned once the loan and applicable charges have been repaid.
The process
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Tell us about your asset and funding requirement. Following an initial assessment, we can often provide an indicative lending figure the same day. There is no obligation to proceed and no credit reference agency search is required.
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For vehicles, the initial valuation is completed virtually. For other assets, we arrange a discreet valuation at a convenient time and location. We provide an initial valuation and outline of costs, with the final loan amount and terms confirmed following the valuation.
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Once you are happy to proceed, your contractual documents are issued electronically, allowing you to review the full terms and sign securely online.
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Once the agreement is signed and your asset has been securely received and stored, funds are transferred to your nominated account, typically within one hour.
Common questions
Client outcomes
Representative APR: 69.0%
Representative example: If you borrow £20,000 over 6 months at a fixed annual interest rate of 60%, you will make one repayment of £26,000. The total amount payable is £26,000, including £6,000 interest. Total charge for credit: £6,000.
Your asset is pledged as security for the loan and securely held for the duration of the agreement. If you do not repay the amount due under the agreement in accordance with its terms, your asset may be sold.
