Property Developer Completes Classic Pawn Loan On 1985 Mercedes 280 SL
21srt June - Classic Car Pawn Loan and Pawn my Mercedes
The client, an established property developer, classic car collector and long-term client of Release My Capital, approached us for a short-term vehicle equity release against a stunning classic 1985 280 SL Mercedes Benz. The funds are to be used towards final development costs on a current project. The client said, “I have used Release My Capital many times to raise short-term development finance." I find their paperwork very easy to complete and it is all online. The staff are very knowledgeable and approachable. l started my application about 2.30 pm and dropped the car off 1 hour later and the funds were in my bank by 5pm”
Release My Capital completed a virtual appraisal and real-time valuation of the 280SL Mercedes within 45 minutes of the application. The collateral loan was issued the same afternoon as the initial application. The client immediately drove the 280 SL Mercedes to Release My Capital’s fully insured and secure storage facility located in Milton Keynes. Once the vehicle had passed the final physical inspection, the funds were released to the client’s bank account in seconds.
Release My Capital operates throughout the United Kingdom and are specialists in secured short-term pawn loans on all vehicles, including cars, vans, lorries, boats, planes, and specialist equipment, with loans ranging from £5K - £2M.
Discretion is paramount to Release My Capital, and no credit reports are undertaken, and no search marks are left on the credit file. Our client’s anonymity is assured.
Paul Hilburn, director at Release My Capital, said: “Release My Capital is always delighted when we build long-term relationships with our clients." We work with a large number of property developers looking to raise a mezzanine finance loan to help fund their individual projects. The ability to settle our pawn loans early is critical to the profitability of our client’s project.
Release My Capital are specialists in secured short-term loans on classic cars and luxury assets, including Cars, Property, Watches, Jewellery, fine Wine and Art. Our short-term loans assist our clients in swiftly releasing up to £2 million of equity in their prized belongings.
No mark will be made on their credit report, and there is no need to travel as everything can easily be agreed upon from home. Release My Capital guarantees our clients' privacy.
Family-run and privately owned, Release My Capital serves a broad range of clients throughout the United Kingdom.