Edinburgh Asset Finance

dan1
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Edinburgh Asset Finance Feb 12, 2020 21:44:08 GMT df likes this

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Post by dan1 on Feb 12, 2020 21:44:08 GMT

Aimed at borrowers who are unable to renew....

www.edinburghassetfinance.co.uk/funding-secure

CASE STUDY

Client Profession: Electrical Contractor

Asset Used: Rolex

Amount Raised: £6000

Used for: The client approached us after finding us online. They had a contract that was up for renewal with Funding Secure, but this isn’t possible and they faced losing their watch. We were able to take the loan on, and even advance the client a modest sum, as well as giving them the flexibility of a further 7 month term.

Edit: 1138394282 ?

Last Edit: Feb 12, 2020 22:00:11 GMT by dan1

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Mousey Member of DD Central Posts: 1,598 Likes: 6,768	Edinburgh Asset Finance Feb 12, 2020 21:47:32 GMT via mobile adrian77 likes this Quote Select Post Deselect Post Link to Post Back to Top Post by Mousey on Feb 12, 2020 21:47:32 GMT We have experience dealing with a range of vehicles, watches, art work and indeed whisky/wine collections. Art Work eh?
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arby Member of DD Central Posts: 910 Likes: 959	Edinburgh Asset Finance Feb 12, 2020 22:56:32 GMT via mobile Quote Select Post Deselect Post Link to Post Back to Top Post by arby on Feb 12, 2020 22:56:32 GMT With a minimum APR of 32% (and 60% used in their worked example) I think it's clear where FS went wrong in estimating the risk of non payment. !

defaultinator5000
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Edinburgh Asset Finance Feb 13, 2020 11:20:55 GMT via mobile adrian77 likes this

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Post by defaultinator5000 on Feb 13, 2020 11:20:55 GMT

Feb 12, 2020 22:56:32 GMT arby said:

With a minimum APR of 32% (and 60% used in their worked example) I think it's clear where FS went wrong in estimating the risk of non payment. !

The difference is that this company is risking its own money while FS was risking someone else's. They would've offered 1% APR for all they cared, but that wouldn't have attracted enough ~~fools~~ investors.

overthehill Posts: 3,287 Likes: 2,325	Edinburgh Asset Finance Feb 13, 2020 13:01:53 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by overthehill on Feb 13, 2020 13:01:53 GMT They'll get more search hits by fixing their web pages , FundingSecure does not have a space in it unlike the very popular search strings 'funding secure' and 'secure funding' !

Post by dan1 on Feb 12, 2020 21:44:08 GMT

Post by Mousey on Feb 12, 2020 21:47:32 GMT

Post by arby on Feb 12, 2020 22:56:32 GMT

Post by defaultinator5000 on Feb 13, 2020 11:20:55 GMT

Post by overthehill on Feb 13, 2020 13:01:53 GMT