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Putting the family jewels to work

By Wednesday, 11 February 2015 16:56 0
Putting the family jewels to work shutterstock.com

Welcome to the weekly news from Hola Credito, Spain’s leading short term lender. Each week we consider a different facet of Hola Credito’s industry - this week we examine how the company provided extra investment for a fast growing business.

 

SECURING funding for innovative business ideas has become much harder since the beginning of the financial crisis, but Hola Credito, Spain’s leading short term loan company has the solution.

Recently one of its clients needed a cash injection for his rapidly growing business, but was struggling to get funding quickly enough from his bank. A business colleague told him about Hola Credito’s fast, discreet service, where it is able to rapidly process loans secured on a range of luxury goods. The client contacted Hola Credito, and used family jewellery as security for a €10,000 business loan over a six month period. 

“My business needed the cash injection immediately, and I knew the bank would take weeks to sort it out,” the client said. “Hola Credito was a great solution for us - an immediate short term loan - it took about one hour to finalise the details - at a sensible interest rate, and no extras.”

Hola Credito lends against all types of jewellery made of gold, platinum, and precious stones, and uses a team of highly respected professionals to value the items. It accepts bespoke pieces, as well as famous brands like Cartier and Tiffany.

Puerto Banus based Hola Credito was set up in 2011 to help people who needed immediate funds and had their cash tied up in luxury assets like jewellery, high-end cars, and boats. It calculates interest on a daily basis, from 14 days to six months, so clients only pay interest on the real time of the loan. Usually Hola Credito can provide loans at 5 per cent per month, with no other charges, and can approve a loan in less than one hour.

Call us on 900 123 457.

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