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Business Owner takes Logbook Loan on His Car to Fund Business Expansion

01.07.2022 by Jack H

2020 Range Rover configurations 1

LoanOnYourCar.com is delighted to support the exciting new business expansion of a local business owner in Milton Keynes by completing a Logbook Loan on his Range Rover for £20,000.

The client made a direct approach to LoanOnYourCar.com for a Logbook Loan. The client said “I recently won a new contract and needed to buy urgent stock and materials. I search on Google for Logbook Loans and found LoanOnonYourCar.com. I have never had a Logbook Loan, so I looked them up on Trustpilot and their reviews were excellent. The ability to settle the loan early penalty free was very important as I only needed the loan for 4 months - maximum”.

He said further “I had a brilliant experience with LoanOnYourCar,com, they were very efficient, and the service was friendly from start to finish and had whole thing wrapped up in a matter of hours”.

LoanOnYourCar.com is a digital lender and operates throughout the UK. Our clients never need to travel as our Logbook Loans can be agreed and completed from the comfort of their home. On receipt of our client’s application, we completed a real time valuation of his Range Rover within seconds and a decision in principle was emailed to the client. Within 1 hour, LoanOnYourCar.com completed a what’s app video appraisal of the Range Rover and issued the loan paperwork. The client e-signed the loan documents and submitted the required supporting documentation via email and the funds were released to the client’s bank account in 30 minutes.

Paul Hilburn, director at LoanOnYourCar.com, said: “We speak to many small business owners every week who are struggling to get their local bank to provide a small business loan. A Logbook Loan is the perfect solution for a small business owner looking to raise the funds for their business expansion”. He added “Our logbook loans are extremely flexible; we allow our customers to settle their loans penalty free and make over payments and pay less interest. This is very attractive to our customers looking for a small business loan alternative”

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LoanonYourCar.com is family-run and privately owned and serves a broad range of clients throughout the United Kingdom. We are a direct FCA authorised Logbook Loan Lender. We provide proven and preferable Logbook Loans for people looking to raise cash from their vehicles including classic, vintage, supercars and prestige cars. Loans range from £500 - £150K. We are currently the ‘UK’s No1 Trusted Logbook Loan Lender’ on Trustpilot, with 5 Stars customer reviews.

Please note: A Logbook Loan will be subject to the borrower completing an affordability assessment, credit check and review of the latest 3 months bank statements.