The stumbling block will always be the credit check when applying for a traditional business loan if you have bad credit. Nevertheless, with asset refinancing (also called a secured loan), you are able to circumvent the necessity for a check by providing one thing of value to secure the regards to the mortgage. For those who have a secured asset of value that falls in just a lender’s demands, you may then just take down a loan against it and pay off with interest as always. Since the asset has secured the loan, there was less risk for the lending company and much more flexibility over whom they could provide capital to. Your credit rating defintely won’t be impacted in the event that you skip a default or repayment from the loan, either.
Only at H&T, we could offer attractive asset refinancing options on your valuables with no need for a credit check. You can make use of your asset to secure funds that are essential ?250–?50,000 for your needs, then repay the mortgage during a period of as much as a few months. We will keep your assets when it comes to amount of the mortgage, where they will be secured and insured. You’ll find out more info on how it really works, take a good look at our FAQs, or call us if any questions are had by you.
We now have a flexible in-house valuations team, therefore we can accurately value a complete selection of products, including gold, watches, jewelry, art and collectibles, and vehicles.
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