Our Solution
At The High St, we offer a streamlined, asset-based lending process that addresses the common problems associated with traditional loans. Here’s how our solution stands apart, providing numerous advantages to our clients:
Quick and Simple Process
Submit your asset details online, receive a valuation, and get your funds in a matter of days. Our process is designed to be fast and hassle-free, ensuring you have access to the funds you need without unnecessary delays.
Fast Funding
We understand the urgency of your financial needs. Our process is quick and efficient, often resulting in clients receiving their loans within days of approval. We also strive to provide a loan offer on the same day you submit your asset for evaluation.
Discrete and Private
Your privacy is our priority. All transactions are conducted with the utmost discretion, ensuring your personal and financial information remains confidential. We do not involve credit checks, contact employers, or reach out to financial institutions.
Secure and Reliable
We take the security of your assets seriously. All items are stored in secure, state-of-the-art facilities to guarantee their safety throughout the loan period. While your assets are held as collateral, they are stored securely and maintained in optimal conditions.
Transparent
We believe in complete transparency. Our loan terms, fees, and conditions are clearly outlined from the start, so you know exactly what to expect without any hidden surprises.
Secure Storage
Use the funds for any purpose you need—no restrictive criteria or justifications required. Our loan terms are flexible and tailored to your unique situation, allowing for early repayment without penalty fees.
Minimal Documentation
Our process requires minimal documentation, making it easier and faster for you to get the funds you need. We base our loans on the value of your luxury assets, not your income or serviceability, eliminating the need for extensive financial documentation and income verification.
Cashflow Management
Using your luxury assets as collateral allows you to access funds without impacting your cash flow. This enables better financial management and liquidity without compromising your everyday finances.
No Complicated Financial Contracts
Our loans do not involve credit checks, meaning your credit score remains unaffected. This also makes our loans accessible to those who may not qualify for traditional credit-based loans.
Asset-Based Lending
We base our loans on the value of your luxury assets, not your cash flow, providing opportunities that traditional lenders might not offer.
Our Difference
At The High St, we understand the frustrations and obstacles that come with traditional loan processes. Here’s why many individuals find them less than ideal:
The Problem with Traditional Loans
01
Lengthy and Complicated Process
Traditional loans often involve a long and complicated process, requiring extensive paperwork and multiple rounds of approvals. This can be time-consuming and stressful, especially when you need funds quickly.
03
Slow Approval and Funding
In urgent situations, traditional loans can be frustratingly slow. The approval and funding process can take weeks or even months, leaving you waiting when you need funds the most.
05
Strict Loan Purposes
Traditional loans come with stringent criteria regarding the purpose of the loan. You need to justify the reason for borrowing, and if it doesn’t meet the lender’s criteria, your application may be denied.
07
Cashflow-Based Approval
Traditional lenders assess your ability to service the loan based on your cash flow, not your assets. This means that even if you own valuable assets, you may still be denied a loan if your cash flow doesn’t meet their requirements.
02
Impact on Credit Rating
Every loan application you submit is recorded on your credit report, which can negatively impact your credit rating. Even if you don’t end up taking the loan, the inquiry itself can lower your score, affecting your ability to secure credit in the future.
04
Lack of Privacy
Traditional lenders often require detailed personal and financial information, which can feel invasive. The process is far from private, and your financial circumstances are exposed to multiple parties during the review process.
06
Extensive Financial Documentation
Traditional loans require comprehensive financial documentation, including income statements, tax returns, and employment verification. This can be burdensome, especially if you’re self-employed or have a complex financial situation.
Case Study
Line Of Credit To Smooth Out Seasonal Cashflow
The High Street assisted a business owner experiencing fluctuations in cashflow throughout the year. The client considered liquidating securities however due to market volatility and tax implications, as well as refraining from selling luxury assets, the individual explored alternative solutions.
Alternatively they secured a loan from The High Street by leveraging various luxury assets as collateral. Once the business resumed generating income after a few months, the loan from The High Street was promptly repaid, and the client's assets were returned without issue.
