Luxury Asset Finance

Luxury assets can be extremely lucrative whether you’re investing in, or collecting them.

Passion assets and the world’s luxuries are to be enjoyed, and some may even provide a substantial financial return at the point of sale.

What is luxury asset finance?

Luxury asset finance is a product designed for High Net Worth individuals (HNW). It’s a short-term loan offered to asset rich but cash poor clients who intend to purchase luxury assets including classic cars, fine art or antique jewellery.

Which luxury assets can I get finance for?

Below is a list of luxury and passion assets that our clients use luxury asset finance for. These include:

  • Classic cars
  • Yachts
  • Fine art
  • Rare musical instruments
  • Fine jewellery
  • Antiquities
  • Fine wines

If you’re considering luxury asset finance but not sure if your asset would qualify, chat to a Coreco Commercial adviser. They’re on hand to answer any questions.

Who can get luxury asset financing?

Luxury asset financing is suitable most for HNW clients who are looking to purchase or invest in a luxury asset, but may not have access to readily available cash. Often clients already have a portfolio of assets which lenders will be willing to secure finance against.

Dealers or asset managers may also look to secure asset finance for their inventory.

How much asset finance can I get?

As with all financial loans, the limit of finance available will depend upon your personal circumstances, the type of project and length of term required.

How long can I get asset financing for?

Typically, asset financing agreements are governed by the lifetime of the luxury asset. This varies from one asset to the next so if you have any questions, it’s important to talk to our expert team for more information.

It’s also worth noting that luxury asset finance is a fixed term contract. This means that it cannot be withdrawn over the contract length.

As specialist finance advisers we don’t just help our clients with luxury asset finance. We can also help you release equity from your luxury assets. If you’d like to speak to our commercial finance division about securing or releasing equity from your high value assets, call us on 020 7220 5100 or use our online contact form.