Thursday 16 May 2013

The role of a guarantor and loan security


The Security needed to get a loan 

Many lenders today are keen to protect their exposure by looking for some form of security when approving a loan for you. Of course many lenders will consider property as suitable security for a mortgage or homeowner loan. Secured Loan providers have offered such products for many years as a way of offering good rates whilst giving customers the flexibility to use the funds as they wish. Nowadays these loans are a genuine alternative for customers looking at a remortgage but are restricted by equity or their current providers terms.

Guarantor loans present some lenders with the comfort of having an additional level of security on small unsecured loans up to £7500. If you can find a guarantor to trust you then our Guarantor loan providers trust you and therefore your credit rating is not so important. These types of loan can be processed within hours if you can satisfy the criteria. 


You may be looking to get an loan quickly and for a relatively short term, to pay a VAT bill or solve a short term cashflow issue. If you have valuable possessions that you are happy to use as security then you could get a loan paid out to you within 48 hours!
You could use the following as security on a loan;
• Luxury Watches.
• Jewellery, Gold and Diamonds.
• Prestige and classic Cars.
• Fine Art and Antiques.
• Yachts and Boats.
• Other personal assets considered such as wine collections!
Direct lender contact and a swift valuation of your personal asset can be arranged so you know how much you can borrow. There are no credit checks and the loan is paid out within hours of the asset being received by the lender.