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Shropshire Based Entrepreneur Takes a £9K Logbook Loan to fund Exciting New Business Opportunity

21.07.2022 by Jack H

2017 Land Rover Evoque SE

LoanOnYourcar.com is delighted to support the growth entrepreneur with a £9,000 same day logbook loan against his Range Rover Vogue worth over £20,000.

The client made a direct approach to LoanOnYourCar.com after finding us on Google when he searched for Logbook Loans in Shropshire. The client said: “I wanted to take advantage of an opportunity that required a large amount of money to fund that I wanted to take out of the equity in one of my vehicles. I found LoanOnYourCar.com online, I have to say that I was well advised, and the process was incredibly slick, and they completed the video inspection via what’s app within minutes and the even paid out the loan 1 hour later.” He added: “I only wanted to borrow from a direct Logbook Loan lender and not one of those 3rd party brokers. But what really appealed was the ability to settle the Logbook Loan quickly in a couple of months penalty free.

LoanOnYourCar.com is a digital Logbook Loan lender and operates throughout the UK and provides an excellent alternative for entrepreneurs, sole traders or one director limited companies looking to raise funds to support an urgent business requirement. Our client never needed to travel as his Logbook Loan was agreed and completed from the comfort of his home. On receipt of our client’s application, we completed a real time valuation of his Range Rover within the hour and a decision in principle was emailed to him. Shortly after, LoanOnYourCar.com completed a WhatsApp 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 a matter of hours.

Paul Hilburn, director at LoanOnYourCar.com, said: “Once in a while an amazing business opportunity comes across your desk, the success of a entrepreneur is the ability to take advantage of the opportunity and capitalise on it as soon as possible. Our client had this opportunity; however, his liquidity was committed on other projects. LoanOnYourCar.com was able to help him release the funds within hours with a vehicle equity release on his Range Rover with the ability to settle early penalty free when he is back in funds. He added: “Logbook loans are an excellent solution for business owner like to raise funds very quickly with no fuss and defiantly no hassle.

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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 client 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.