Using specialist motor cars to raise capital has always been a straight forward and simple process compared to using traditional banking facilities. We are now finding that you, our clients, are asking to raise capital against other hard assets that you were previously unaware were available to you. In basic terms, if an item of machinery, manufacturing equipment or lifestyle asset (horsebox, boat, aeroplane or motorhome etc.) has a defined market value, then it can be used to raise funds against. We use a Sale and Hire Purchase Back product, which is competitive, simple and quick to complete. This can be used for a wide variety of assets with realistic loan-to-value ratios.

The past few months have been a great opportunity for us to work with many of you in your wider requirements of raising money, whether for working capital, business opportunities, debt restructuring, or just simply an asset purchase.

Our credit lines are still very much secure, with good availability on competitive and flexible lending structures and it appears, so far, that the recent BOE increase has not filtered through to the lending platforms. The general feeling is though that interest rates may still have a little way to go before they settle back to a stable level. My thoughts are that if you have anything at all on your desk that you wish to discuss, please contact one of our team to look at your options.