PRODUCT GUIDE FOR INTRODUCERS - FAST AND FLEXIBLE LUXURY ASSET LOANS - Suros Capital
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SUROS
SUROS
C A P I TA L
PRODUCT GUIDE
FOR INTRODUCERS
FAST AND FLEXIBLE
LUXURY ASSET LOANS
1
ABOUT US
We are a specialist lending company providing loans secured Our experience in asset based lending combined with our in-
against luxury assets. Our short term loans are designed for house and independent appraisals panel enables us to create
clients with liquidity challenges who need to raise funds quickly. tailored lending solutions for our clients.
The group we are part of has lent over £150 million against
luxury assets since 2010 and we are funded by Crestline
Investors, Inc.(‘Crestline’), an institutional alternative asset
manager. Headquartered in Fort Worth, Texas, Crestline
maintains affiliate offices in New York City, Chicago, London,
Toronto and Tokyo.
FAST CONFIDENTIAL EXPERT FLEXIBLE
We provide loan funding in as little We maintain the highest ethical The group we are part of has lent We provide clients with a personal
as 1-3 days from application. standards and utmost client over £150 million against luxury service and tailor loan terms around
discretion. assets since 2010. their needs.
SUROS 2
OUR LOANS
Tailored loans secured by luxury assets.
BRIDGE SALE ADVANCE AUCTION
LOANS LOANS ACQUISITION LOANS
Personal luxury asset bridge loans built For clients who need to release the For clients who need to settle recent
around clients’ individual or business equity in their luxury asset(s) before luxury asset purchases with auction
liquidity challenges. Our bridge loan offers the consignment sale date. Our expert houses. Clients can bid at auction, settle
clients an alternative to a traditional bank appraisals team work with clients to the purchase with our loan and then take
loan or property bridging loan. find the best auction house to sell their possession of the asset at a later date.
asset(s). Clients then receive a proportion
of the reserve price before the sale date.
Competitive interest rates. Competitive interest rates. Competitive interest rates.
No impact on affordability. No impact on affordability. No impact on affordability.
£20,000 – £2 million £20,000 – £2 million £20,000 – £2 million
Typical LTV: 50 – 70% Typical LTV: 50 – 70% Typical LTV: 50 – 70%
Terms: 3 – 24 months Terms: 3 – 12 months Terms: 3 – 24 months
SUROS 3
LUXURY AND FINE ART FINE WINE CLASSIC CARS AND OTHER We lend against a wide range of luxury We lend against contemporary and We lend against a wide range of other and classic cars including Ferrari, Aston vintage fine art paintings, sketches, and assets including, but not limited to fine Martin, Lamborghini, Mercedes, Rolls sculptures. Everything from a Rembrandt wine, antiques and gold. Royce, and Range Rover. etching to a Jeff Koons rabbit. APPRAISAL APPRAISAL APPRAISAL We determine the estimated value of cars by We consider the artist, the uniqueness and We determine the estimated value of each considering year, make, model, ownership history, provenance of the piece, the strength of of these assets differently. For fine wine and restoration, maintenance, registration and overall attribution, the supply/demand balance, the antiques, we will consider any information we condition based on market pricing. If it is a classic condition, and any information we can locate can locate from auction, gallery and private sale model, we also consider any information we from auction, gallery, and private-sale records. records and liaise with industry specialists. We can locate from auction, gallery or private sale We offer an online, home visit or alternative offer an online, home visit or alternative location records and we also liaise with car specialists. We location appraisal service, though a final loan appraisal service, though a final loan offer offer an online, home visit or alternative location offer cannot be given until we inspect the cannot be given until we inspect the asset(s) in appraisal service, though a final loan offer cannot asset(s) in person. person. be given until we inspect the asset(s) in person. SUROS 4
COLLECTION,
STORAGE AND CARE
Luxury and Classic Cars,
Fine Art, Fine Wine and Other.
COLLECTION STORAGE for each car. All cars are stored in a dehumidified,
temperature controlled environment, and will
Luxury and Classic Cars Luxury and Classic Cars get frequent premium service washes, trickle
We understand the importance of client When a car arrives at the storage location it is charges, start-ups and drives. Furthermore,
confidentiality, so our in house logistics team photographed and checks are made to determine battery and fluid levels are checked and a walk
arrange for cars to be collected by an unmarked its condition and value. Should the client choose round inspection is carried out before the car is
vehicle and delivered to one of our storage to proceed, their car will remain in storage for the returned to the client.
facilities. Alternatively, clients can drive their car duration of the loan.
to the storage facility and meet a member of our Fine Art, Fine Wine and Other
team there. Fine Art, Fine Wine and Other When an asset is with us, it is subject to both
When assets are at our appraisals centre, they are protection and specialist care. We guarantee
Fine Art, Fine Wine and Other handled under CCTV and photographed. Should assets are returned to clients in either the same
Our in house logistics team arrange for assets to the client choose to proceed with the loan, their or an even better condition than before. With our
be collected by us, a courier service or one of our asset(s) will be stored in our highly secure vaults ‘White Glove Experience’, a condition report is
specialist logistics partners. The transportation or at one of our specialist partners’ facilities. provided for each asset and it is custom packaged
method depends on location and asset type. prior to storage.
Alternatively, clients can arrange an appointment CARE
and bring their asset(s) to us. Fine wine will be stored at one of our specialist
Luxury and Classic Cars partner facilities in the appropriate climate-
Fine wine needs to be collected by one of our specialist When a car is with us, it is subject to both controlled conditions. Where needed fine art and
logistics partners. In certain cases, if fine wine is protection and specialist care. We guarantee cars antiques are stored in a temperature controlled
already in storage with a professional wine storage are returned to clients in either the same or an environment.
facility, we may be able to leave it there for the duration even better condition than before. With our ‘White
of the loan, rather than move it to one of our partners. Glove Experience’, a condition report is provided
SUROS 5
WATCHES JEWELLERY
AND DIAMONDS
We lend against a wide range of We lend against a wide range of jewellery
contemporary and vintage watches and diamonds including rings, bracelets,
including Rolex, Cartier, Omega, Patek necklaces, earrings, jabots, lavalieres,
Philippe and Audemars Piguet. and tiaras.
APPRAISAL APPRAISAL
We consider the brand and model, the We consider the jewellery, type, maker, material,
uniqueness, provenance, condition, scarcity, gemstones, provenance, and any information
age, and any information we can locate from we can locate from auction, gallery and private
auction, gallery, and private sale records. We sale records. We offer an online, home visit or
offer an online, home visit or alternative location alternative location appraisal service, though a
appraisal service, though a final loan offer final loan offer cannot be given until we inspect
cannot be given until we inspect the asset(s) in the asset(s) in person.
person.
SUROS 6COLLECTION,
STORAGE AND CARE
Watches, Jewellery and Diamonds.
COLLECTION STORAGE CARE
Our in house logistics team arrange for assets to When assets are at our appraisals centre, they are Whilst assets are with us, they are subject to
be collected by us, a courier service or one of our handled under CCTV and photographed. Should specialist care. We guarantee assets are returned
specialist logistics partners. The transportation the client choose to proceed with the loan, their to clients in either the same or an even better
method depends on location and asset type. asset(s) will be stored in our highly secure vaults condition than before. With our ‘White Glove
Alternatively, clients can arrange an appointment or at one of our specialist partners’ facilities. Experience’, a condition report is provided for
and bring their asset(s) to us.
each asset and they are stored in boxes/pouches
for the duration of the loan.
SUROS 7OUR PROCESS
We can come to clients
or they can come to us.
1. ENQUIRY 2. APPRAISAL 3. COLLECTION 4. AGREEMENT 5. COMPLETION
Send an enquiry to our Clients are contacted by Our in house logistics team The clients allocated account After the loan agreement has
Business Development team their allocated account arrange for clients’ asset(s) manager will work with them been finalised and signed, the
by completing one of our manager to discuss their loan to be safely collected by us, to structure a tailored loan funds are transferred to the
short website enquiry forms requirements and arrange an a courier service or one agreement and confirm all client’s bank account. The
or by emailing us. Our team appraisal with our specialists. of our specialist logistics the details with them. We also loan can then be redeemed
aim to respond to enquiries We offer an online, home partners. The transportation verify the identity of clients anytime during the term.
within 1 hour and aim to visit or alternative location method depends on location to comply with anti-money If clients need to renew or
provide an indicative offer the appraisal service. and asset type. Alternatively, laundering regulations. extend, they can contact their
same day. clients can arrange an allocated account manager
appointment and bring their to discuss their options.
assets to us.
SUROS 8FREQUENTLY
ASKED QUESTIONS
HOW DO I IDENTIFY AND QUALIFY MY CLIENTS? HOW DO I KNOW IF MY ENQUIRIES RESULTED IN
• Does your client own any of the following A LOAN?
luxury assets: luxury and classic cars, fine art, Our team will contact you to update you on the
watches, jewellery and diamonds, fine wine, status of your enquiries via email or phone.
antiques or gold?
• Does your client own the asset(s) outright? HOW AND WHEN DO I RECEIVE COMMISSION?
• Is your client willing to give up possession of the Commission is transferred to the bank account
asset(s) for the term of the loan? you provided and is payable once the loan
• Is there any outstanding lending on the asset(s)? completes and after the 14 day withdrawal period.
HOW DO I BECOME AN INTRODUCER? CAN I MAKE COMMISSION FROM INTRODUCING
Contact our Business Development team by OTHER PARTNERS WHO REFER BUSINESS TOO?
completing the short form on our introducer Yes, introducers you refer to us will show under
registration web page or by emailing your account. You will earn commission on every
enquiries@ suroscapital.co.uk. loan that completes by an introducer that you
refer.
HOW DO I MAKE AN ENQUIRY FOR MY CLIENT?
Send an enquiry to our Business Development If you have any other questions, please contact us.
team by completing the short form on our
introducer loan enquiry web page or by emailing
enquiries@suroscapital.co.uk.
SUROS 9CONTACT US
Our Business Development team is
available to help with your enquiries.
CALL US EMAIL US VISIT US
We are available to call on 0800 038 5974 You can email us at By appointment only:
(between 9am and 6pm Monday to Friday). enquiries@suroscapital.co.uk.
Suros Capital
Alternatively, visit our website 127-129 Victoria Street
www.suroscapital.co.uk London
and complete one of our enquiry forms. SW1E 6RD
SUROS 10MEET THE TEAM
Expert lending and account management team.
R AY PA L M E R PA U L A I T K E N CHARLES HODGE K AT I E T H O M A S SIMONE FERREIRA
Director Owner and Advisor Business Development Director Account Manager Account Manager
Ray created Suros Capital Paul founded Borro which Charlie has worked in the Katie recently joined Suros Simone has over 10 years’
after 10 successful years provided £220m of luxury luxury UHNW market sector Capital from high end luxury experience as an account
lending to HNW clients at asset loans between 2012-17, globally for over 25 years. retailer, Emma Willis where manager dealing with
Borro, where he handled with an annual return after He was the founder of her customer service was clients and introducers of
the top 20% of clients losses of 35%. He secured Quintessentially South Africa second to none. She is used luxury asset loans. She has
personally and underpinned the funding for Suros Capital in 2004 and since returning to dealing with HNW clients personally handled deals up
the operations for £55m of from a team at Crestline to the UK in 2010, he has and has already written many to £1m and brings a wealth of
annual lending. who backed Borro. He has been consulting for family loans in her time here. knowledge to the team.
interests in a number of other and private offices in lifestyle
ray.palmer@suroscapital.co.uk financial services ventures management and luxury asset katie.thomas@suroscapital.co.uk simone.ferreira@suroscapital.co.uk
08000 385 974 including CasaFi, Tabeo and procurement. 08000 385 974 08000 385 974
Suttons and Robertsons.
charles.hodge@suroscapital.co.uk
07584 578565
SUROS 11OUR APPRAISALS PANEL
Highly experienced appraisals team
covering a wide range of luxury assets.
S A M A N T H A D U N N - D AV I E S MICHAEL MACDONALD MSC. K R I S PA R I S H DANIEL EDGINGTON J I M TA N N A H I L L
Consultant - General Valuer Consultant - General Valuer Consultant - Jewellery and Consultant - Luxury and Consultant - Jewellery
Samantha has over twenty years Managing Director and co- Watches Performance Cars and Watches
auction house and industry founder of Antique Vault Ltd, the With over 20 years experience Daniel has been working in Jim has worked in the asset
experience, is a qualified UK’s first online valuation service Kris has a real passion for luxury the luxury and performance lending industry for 38 years.
diamond grader and a Fellow of for Art, Antiques and Jewellery. watches. Every nuance on every car sector for nearly 10 years The former owner of two very
the Gemmological Association With 21 years of experience in make and model are known to and has built up a wealth of successful businesses, Jim now
of Great Britain. She is also a the trade, including all 3 major him and he prides himself on knowledge over that time from runs Suttons and Robertsons in
Member of Royal Institute of London auction houses. being an expert in his field. With buying and selling high end London and Manchester with a
Chartered Surveyors, serving several prestigious timepieces vehicles. His day to day role as history of lending over £150m.
on the Arts and Antiques Faculty of his own, Kris is a huge help to General Manager of Mayfair
Board from 2003 until 2011. Suros Capital. Prestige dealership gives him a
great footing in this marketplace.
SUROS 12SUROS
C A P I TA L
WWW.SUROSCAPITAL.CO.UK
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