SPF Private Client has added short term luxury asset lender, Suros Capital, to its panel of introducers.
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 Suros Capital with its short-term funding model backed by luxury assets, as a suitable partner.
Charlie Jenkins, head of asset finance at SPF, said: “Asset finance is fast becoming an important part of our clients’ ability to diversify their investment portfolios. Our new relationship with Suros Capital means that when clients need to raise capital for any reason, personal or business, they now have a facility to borrow against luxury assets such as art, antiques, classic cars, fine wine and luxury watches.
“Suros Capital’s expertise in this area and the speed with which funding can be arranged, provide SPF with a complementary service for any of our clients wishing to leverage assets to raise short term capital with the minimum of fuss.”
Ed Blackmore (pictured), business development director at Suros Capital, 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.”
