A marketing business owner seeking immediate working capital and funds to make a tax payment has secured a £150,000 short term loan through Suros Capital.
The client, who needed a fast solution, chose not to use property as security and initially considered selling his gold bullion and Krugerrand coin collection, but was deterred by the potential CGT liability.
Working with his financial adviser, he approached Suros Capital, which agreed to accept the gold collection as security.
The client opted to retain ownership of the appreciating asset while still accessing the required funding.
The loan was completed on the same day the collection was assessed, valued and placed in Suros Capital’s temporary custody.
The four-month loan term is supported by an exit strategy based on business cashflow expected to improve significantly by February 2026.
Ray Palmer, director of Suros Capital, said, “The gold price is now up c. 50% year-on-year and likely, according to Morgan Stanley, to reach £3,430 per ounce by mid 2026.
“In this case, our client has owned his gold bullion and Krugerrand coin collection for ten years, when it was valued at £46,000.
“Today, that same collection is worth £200,000, making it equally valuable to owners as security for a Suros Capital loan.”
Palmer added: “Suros Capital provides an increasingly valuable borrowing resource for those clients who are asset rich and who do not want to sell in order to meet their pressing need for finance.
“More and more financial advisers are recognising the value of having an alternative source of short term finance for clients with luxury assets.”
