CASH FLOW: THE CHALLENGE FOR EVERY BUSINESS

It’s unfair, but it’s true: hard-working, fast-growing businesses are the businesses most at risk from cash flow problems. It’s especially true when larger, more-established organisations award business to young companies. Sometimes very large chunks of business.

It sounds like good news. But the problem comes when the smaller business has to boost staff numbers, order more materials and generally increase its spending in a big way. Added to this, the larger company may take 90 or even 120 days to pay the smaller firm’s invoice. This can challenge even the most resilient business.

Enter the luxury pawnbroker loan solution.

THE EDINBURGH ASSET FINANCE SOLUTION TO CASH FLOW PROBLEMS

Edinburgh Asset Finance offers a solution when you need cash quickly. Our discreet luxury loan process is kept separate from banks and other financial institutions. That’s because we lend to company owners or directors against their personally owned assets. These could be a luxury car, a Rolex watch, jewellery or other high-value items.

The result is a fast luxury pawnbroker loan that’s kept separate from the company balance sheet. How fast? Often your funds can be in place on the same day the loan is agreed.

HOW DOES AN EDINBURGH ASSET FINANCE LUXURY PAWNBROKER LOAN WORK?

We calculate all of our luxury pawnbroker loan values from the value of the offered asset. No credit checks are ever made, we don’t require personal guarantees, and your bank is not informed. This is a luxury loan that means you can plough much-needed cash into your business as a director’s loan. Normally, lenders repay their short-term luxury loans in days or weeks.

WHAT KIND OF VALUABLES SECURE A LUXURY PAWNBROKER LOAN?

Edinburgh Asset Finance lend against a range of valuables. We loan against a Rolex watch, for example, as well as offering loans against luxury watches from other makers.

We also loan against luxury cars, jewellery, boats, art, and whisky collections. You can read more about the valuables we welcome here

LUXURY PAWNBROKER LOANS: A CASH FLOW CASE STUDY

How we helped a local builder make the most of an opportunity

One of our customers, a local builder, recently won a contract to provide works for a large organisation.

The work began well and continued without issue. Then, to service the work, the builder doubled his workforce and spent a large amount of money on raw materials.

These necessary purchases, however, meant that at the end of month one, cash flow was running very tight. Added to this, the employing organisation’s payment terms meant the builder would be waiting 60 days for payment.

With both his extended workforce requiring wages, and the building-supplies company looking for payment, cash flow became a serious issue.

A luxury pawnbroker loan from Edinburgh Asset Finance saved the day

With a classic car and a Rolex watch, our customer received a same-day luxury pawnbroker loan from Edinburgh Asset Finance. The no-fuss loan meant wages secured for his workers and cash to pay his bill for materials. Our customer redeemed both his luxury car and his Rolex watch within a month. And a short time later he was able to confidently tender for another large contract.

HOW OUR CUSTOMER SOLVED HIS CASH FLOW ISSUE FOR JUST £400

Total loaned = £10,000
Time taken for cash to be in business owner’s bank after loan meeting = 2 hours
Total duration of 7-month loan = 1 Month
Interest per month = £400
APR% on loan = 48%
Total interest paid by owner = £400
Fees paid = £0
Total time for loan to be paid and assets returned to owner = 1 month