Suros partners with Aston Martin Owners Club

Published on

Luxury asset lender Suros Capital has been chosen as specialist lending partner to the Aston Martin Owners Club.

It said the partnership was created due to its strong credentials in short term lending to those who own valuable assets including classic cars, fine art, luxury watches, fine wine, diamond jewellery and other collectible pieces.

Thanks to the new partnership, Aston Martin owners now have a liquidity solution with Suros Capital.

Suros said its customers tend to be entrepreneurs who face occasional liquidity challenges or are looking for rapid capital injections to secure new growth opportunities.

Ed Blackmore (pictured), Suros Capital’s business development director, said: “This past year, Suros Capital has seen a significant rise in enquiries for borrowing against classic and supercars. With strong gains likely still to be made, many car collectors would rather borrow against their asset, rather than sell and miss out on the potential of further inflation busting rises.

“Additionally, we can also support car owners with sales and new purchases through our range of lending services.”

Richard Butler FCMI, director of club development at the Aston Martin Owners Club, added: “In addition to the investment potential, Aston Martin owners tend to be very attached to their cars which makes it difficult when faced with justifying ownership if finances are occasionally stretched.

“For this reason, we are delighted to now be able to offer our members the option of unlocking the value of their asset should they have short term needs during this challenging economic climate.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

UK risks two-tier energy transition without home investment

The UK risks creating a "two-tier" energy transition unless cleaner and smarter technologies are...

MSB solicitor recognised with Future Leader award at British LGBT Awards

MSB Solicitors is marking Pride Month after one of its solicitors was named Future...

The Yorkshire appoints two non-executive directors

Yorkshire Building Society has appointed Barry O’Dwyer and Philippa Brown as independent non-executive directors. The...

HSBC cuts rates across residential and buy-to-let mortgage ranges

HSBC UK is reducing rates across a broad selection of residential and buy-to-let mortgage...

NHS workers priced out as affordability gap widens

Many NHS workers are being priced out of homeownership with average first-time buyer properties...

Latest publication

Other news

UK risks two-tier energy transition without home investment

The UK risks creating a "two-tier" energy transition unless cleaner and smarter technologies are...

MSB solicitor recognised with Future Leader award at British LGBT Awards

MSB Solicitors is marking Pride Month after one of its solicitors was named Future...

The Yorkshire appoints two non-executive directors

Yorkshire Building Society has appointed Barry O’Dwyer and Philippa Brown as independent non-executive directors. The...