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HNW Lending sees 20% increase in loan enquires in December

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HNW Lending, a provider of loans secured assets such as classic cars, fine wines, jewellery, yachts, private jets, art and property, has seen a 20% increase in enquiries this December compared to an average month.

HNW Lending, which provides loans of between GBP60,000 and GBP1million, says that many high net worth individuals will receive smaller work bonuses than previous years or none at all, and they are looking to secure short-term loans again valuable assets so that they can meet their Christmas commitments.
 
Ben Shaw, founder and director of HNW Lending, says: “We are seeing a growing number of high net worth individuals approaching us for loans and with the expense of Christmas, enquiries have peaked.  The main assets people are looking to secure loans against are jewellery, wine collections, property and art.”

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