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Horse Livery Stable Owner Takes Logbook Loan on His Horse Transporter to Fund Business Expansion

06.07.2022 by Jack H

Horse lorry

LoanOnYourCar.com is delighted to support the business expansion of local Equestrian Centre and Livery Stables by providing a Logbook Loan against a Horse Transporter.

The client made a direct approach to LoanOnYourCar.com as we provide Logbook Loans on commercial and specialist vehicles. The client said: “Post covid our business levels at the Equestrian Centre have increased dramatically; we need to raise extra funds quickly to help with our expansion plans. I found LoanOnYourCar.com on Bing when searching for Logbook Loans on commercial vehicles.” He added: “From the initial phone call, I received fantastic and helpful service, from all the team. They are very professional and explained everything in detail to make sure I understood my obligation, a pleasure doing business with you guys.”

LoanOnYourCar.com is a digital Logbook Loans lender and operates throughout the UK and we provide logbook loans on commercial and specialist vehicles, subject to underwriting. Our client never needed to travel as his commercial vehicle Logbook Loans was agreed and completed from his place of work at the Equestrian centre. On receipt of our client’s application, we completed a real time valuation of his Horse Transporter and within 2 hours a decision in principle was emailed for his approval. Within 1 hour, LoanOnYourCar.com completed a what’s app video appraisal of the Horse Transporter 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: “The post covid business environment has seen incredible growth for a number of small and reginal businesses. In many circumstances, these companies need to expand their operation and need instant access to a short-term cash injection.” He added: “Many business owners are struggling to get support from their local bank for a small business loan so they are considering short term secured loans against their assets. Logbook Loans are an excellent alternative to a business loan, and it enables the business owner to quickly unlock the equity in their fixed assets for a short term”

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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.