Suros Capital

Another example of how we can provide fast, flexible funding on a short term basis when it matters most. When a client needed £85,000 to renovate two student flats, we arranged a loan secured against a jewellery collection featuring Cartier and Tiffany pieces within just 24 hours of receiving the enquiry. With the help of their broker and our in-house appraisals team, the client was able to complete the renovations immediately, ensuring the flats could be let without delay. Read more in the Bridging Loan Directory. #BridgingFinance #SpecialistLending #AssetFinance #BridgingLoan

Our Business Development Director, Edward Blackmore, recently closed a £80,000 deal to help a client facing a 20% increase in private school fees due to the introduction of VAT in January 2025. The loan was secured against a collection of luxury watches, including brands like Rolex, Patek Philippe, and Audemars Piguet. We were able to facilitate the funding within 48 hours of the initial enquiry. The parents had hoped to sell property assets to cover the upcoming fees but found it impossible to complete the sale in time. The loan will be repaid from the proceeds of the property sale expected in Spring 2025. Read more in The Intermediary. #BridgingFinance #SpecialistLending #AssetFinance #BridgingLoan #LuxuryInvestments #LuxuryWatches #WatchCollection #PrivateSchools #WealthManagement

Our Business Development Director, Edward Blackmore, will be attending The Finance Professional Show at London Olympia tomorrow, Friday, 8th November. If you’d like to arrange to catch up with Edward or find out more about how luxury asset lending can become part of your offering as a financial intermediary, please contact him at edward.blackmore@suroscapital.co.uk or call 07980 457952. #FPShow2024 #BridgingFinance #SpecialistLending #AssetFinance #BridgingLoan

Pre-owned Watch Prices are Stabilising Interest rates are starting to fall, and many are waiting to hear what the UK budget delivers later this month. Early indications are that economic changes are fuelling an upturn in pre-owned watch prices, good news for current investors and an opportunity for potential buyers. Read the full article in Bloomberg. https://lnkd.in/eR2n5R-W #LuxuryInvestments #LuxuryWatches #WatchCollection

Luxury Asset Backed Lending is now prevalent across the world, but it still has major centers, some obvious, some less so. London has long played home to a large base of lenders in the sector - The Fine Art Group, Ploutos Associates, Suros Capital to name a few. New York - home to Sotheby's’s and Christie's’s, both of whom lend against luxury assets, is better known as the financial center of the world… And yet, interestingly, Miami now plays host to many of the biggest banks alt-lending arms - including Northern Trust and UBS. Similarly, Singapore has grown rapidly over the past decade in the alt-asset lending arena, just look at what HSBC is doing. Perhaps most surprisingly, Denver is home to one of the most prolific independent luxury asset lenders - Luxury Asset Capital - whose subsidiaries cross the US. Stepping back, it’s pretty clear that the theme connecting all these locations and companies is the HNW Individuals they rely on to succeed. Each location has large HNW populations, often their primary or secondary homes. So if you’re interested in learning more about alt-asset lending, or meeting the companies that do it, follow the money. #assetbackedlending #luxury #alternativeassets #financialservices #HNWI

Our Business Development Director, Edward Blackmore, recently closed a £450,000 deal to help a client finalise an overseas property purchase under tight deadlines. The client faced last minute delays from their original lender, but by leveraging their contemporary artwork, we provided the required funds in just four days, ensuring the property purchase went ahead on time. Edward commented: "This case proves that advisers should not give up if conventional sources of funding prove to be inadequate. Once our introducer realised that the client had artwork that he was trying to sell, one call to Suros Capital opened up the path to a solution that meant that his property purchase went ahead." Read more in The Intermediary. #ArtLending #ArtFinance #FineArt #ArtCollecting #ArtAuction #ArtInvestment #ArtInvesting #ArtCollector #ArtMarket #ArtMarketNews #ArtWorld #BridgingFinance #SpecialistLending #AssetFinance #BridgingLoan

We are delighted to announce our new partnership with SPF Private Clients and Charles Jenkins, Head of Asset Finance at SPF, the national brokerage, as we join their lender panel.   Having previously set up its Private Office facility to cater for wealthy clients in need of first class personal financial advice, SPF is building up its asset finance capability and approached us with our unique short term funding model backed by luxury assets, as a suitable partner.   Our Business Development Director, Edward Blackmore, said, “We are delighted to partner with SPF. The rapid liquidity solutions we can provide to their clients through loans secured against their personal and business luxury assets, supplements their already outstanding offering. Our watchwords at Suros Capital are speed of fulfilment and complete discretion. We have already started receiving funding enquiries from SPF, including two secured by a fine art collection and a supercar and are looking forward to a mutually beneficial relationship.”   Read more in the Financial Reporter. https://lnkd.in/eM6rDAre   #BridgingFinance #SpecialistLending #AssetFinance #BridgingLoan #WealthManagement #PrivateOffice #FamilyOffice #Partnership

One of the reasons for the increase in clients using fine art to raise capital is the slowdown in art sales worldwide, which has made many owners re-evaluate their options. According to Bloomberg, the major May New York auction season fell about 23% by value from the previous year. One of the by-products of this has been the number of art owners who have decided to realise the value in their art portfolios by taking loans against them to make use of the capital for other purposes while retaining ownership of the assets themselves. Read more in The Intermediary. If art lending is of interest to you or your clients, please get in touch with our business development team at enquiries@suroscapital.co.uk. #ArtLending #ArtFinance #FineArt

The thriving art lending market is giving wealthy collectors a way to access liquidity without selling their prized pieces. With fine art sales slowing and financial markets facing uncertainty, clients are borrowing against their collections rather than selling at a discount to raise funding for new opportunities. With over $36 billion in art loans expected in 2024, we're continuing to expand our services to meet the growing demand for flexible, art-backed financing. To learn more about art lending, get in touch with our business development team through our website https://lnkd.in/d-v5nCb or at enquiries@suroscapital.co.uk. #ArtLending #WealthManagement #ArtFinance #FineArt

Are you looking to get the best price for your luxury assets?   We specialise in meeting the financing needs of high net worth clients with liquidity challenges, using luxury assets like watches, jewellery, classic cars, fine art, and fine wine portfolios as security. Our success is built on the speed and efficiency of our underwriting process.   Did you know we also offer a service for those wishing to sell their assets?   Our ‘Sale Advance’ product is designed to give sellers the opportunity to raise money immediately in advance of an asset’s sale at auction.   Sale Advance provides the following:   - Immediate payment (percentage of estimated sale price) - We handle the sale to ensure that it takes place at the most opportune time - Option to hand over organisation of the sale to us   Learn more about our Sale Advance product and how we can help you by contacting our business development team at enquiries@suroscapital.co.uk. #ArtCollecting #ArtAuction #ArtInvestment #ArtInvesting #ArtCollector #ArtMarket #ArtMarketNews #ArtWorld #BridgingFinance #SpecialistLending #AssetFinance #BridgingLoan