Eldens

Loan Types

Luxury Asset Loans

We offer a secure loan service that’s discreet and confidential, meaning you can raise instant finance without affecting your credit rating. We create personalised finance solutions: each loan agreement is tailored to fit your individual needs and to help you realise the full potential of your asset.

What is the process for a luxury asset loan?

Upon an initial consultation, the team will professionally value your asset and issue initial terms. Once terms are signed, funds are deployed in as little as 24 hours.

What are the terms of a luxury asset loan?

Our standard loan term is 6 months, and you have the option pay back your loan early without incurring any penalties. If you need more time, you can extend for a further 6 months as long as interest repayments are up-to-date.

What happens to my item during the loan?

Your item will be kept at Eldens secure storage facility for the duration of the loan.

Sales Advance Loans

If you’re planning to sell an item at auction, you can now receive funds ahead of the sale. Whether you have an artwork or an antique to sell, you can secure a loan for up to 50% of your item’s mid-auction estimate, up to 6 months ahead of the auction date. With a sale advance loan, you can wait for the optimum time to sell, while enjoying instant liquidity from your asset.

Where is my item stored during the loan?

Once the loan is agreed, your item will be stored at the auction house of choice for the duration of the loan.

What happens if my item does not sell at auction?

If the item does not sell at the agreed auction, we will consult with you about the best course of action. Depending on the item, we will make a recommendation to take the item to a second auction or to conduct a private sale.

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+44 020 7665 8307
contact@eldens.co.uk

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