Business Owner takes Logbook Loan on His Car to Fund Business Expansion
01.07.2022 by Jack H
LoanOnYourCar.co.uk 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.co.uk 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 LoanOnYourCar.co.uk. 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 and 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.co.uk. They were very efficient, and the service was friendly from start to finish. We had the whole thing wrapped up in a matter of hours."
LoanOnYourCar.co.uk is a digital lender that operates throughout the UK. Our clients never need to travel as our logbook loans can be agreed upon and completed from the comfort of their homes. 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.co.uk 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.co.uk, 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 funds for their business expansion." He added, “Our logbook loans are extremely flexible; we allow our customers to settle their loans penalty-free, make overpayments, and pay less interest." This is very attractive to our customers looking for a small business loan alternative”
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LoanonYourCar.co.uk is family-run and privately owned, and it 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 to £150,000. We are currently the "UK’s No. 1 Trusted Logbook Loan Lender" on Trustpilot, with 5-star customer reviews.
Please note: A logbook loan will be subject to the borrower completing an affordability assessment, a credit check, and a review of the latest 3 months of bank statements.
