Heritage Plate Lending
Heritage Plate Funding Delivered as Needed
We are the only provider of heritage plate loans! We pride ourselves on being able to provide unorthodox and tailored client solutions to help you get ahead. Key features of our product include:
- Interest only repayments or capitalised interest.
- 3 month to 12 month loans.
- Up to 70% LVR depending on the plate configuration and value.
- Must be for a minimum transaction size of $200k, or a minimum plate / plates value of $300k.
- We can take multiple plates as security.
- We can settle deals in a matter of 10 working days, provided all documentation is ready.
- We have zero appetite to own your plates.
Heritage plate lending
When to use a heritage plate loan?
Heritage plate private loans serve as an optimal solution for short term loans. These loans are designed to provide immediate capital injections for urgent situations. Be free from the constraints of traditional banking and having to use property as security. Typical situations include.
- You don't want to sell your heritage plates.
- You need immediate capital to use for business or investment purposes.
- You don't have property or other forms of security to take a loan.
- You want to buy a new heritage plate.
Speak to us today, to see how we can help you get the funds you need!
Heritage plate lending
What is the application process for a heritage plate loan?
At Royce Stone Capital because of the family offices and our own funds that we use, we have a unique methodology of providing heritage plate loans that keeps the process simple. We provide you with indicative loan terms, on acceptance we then move forward with the below.
- An independent valuation on the heritage plates.
- We require a borrowing entity that is usually a company or a trust.
- Funds must be for business or investment puroposes.
- We lend up to 70% of the plates value.
- We require an exit plan.
- The title of the plates are transferred to the lenders name on title (our investors).
- Funds are provided, once the transfer of plates is complete and loan documentation signed.
- The physical plates are kept in a safe with the lender (our investor) for the loan duration.
Speak to us today, to see how we can help you get the funds you need!
Heritage plate loans
Advantages of a heritage plate loan with Royce Stone Capital
We understand private lending and heritage plate lending, we also understand the need for businesses and investors to have urgent liquidity provided to them.
- A loan paid to you quicker than the time it takes to meet your bank manager.
- Simple straight forward process.
- Transparent costs and fees.
- We understand what makes heritage plates unique and how special they are to their owners.
- We have a deep understanding of the heritage plate market.
- We have no appetite in owning your plates, only lending against them.
Speak to us today, to see how we can help you get the funds you need!
1 / 3
We are able to provide businesses with timely liquidity and with a low cost of capital, when a first mortgage is used as security within the groups mandate. Businesses are able to use their businesses assets or personal property as security for the loan.
2 / 3
We are able to provide businesses with timely and risk adjusted rates, when a second mortgage is used as security. Businesses are able to use existing equity in their business' assets or personal property as security providing there is sufficient equity.
3 / 3
We are able to provide developers with an underwriting service to enable them to achieve their pre sales obligations, allowing them to gain a lower cost of capital.
