Entrepreneur in focus
Fred Maude and Jack Carr – Addesu
Fred Maude and Jack Carr , co-founders of Addesu, a UK SME. Read on for more insights into this entrepreneur’s business savvy.
Funding Bay has partnerships with a host of practices that can benefit our clients. As part of the FundedClub we aim to create and foster a network between partners and clients alike. Funding Bay champions SME development, and by sharing our network with you, we can create an SME hub so that our clients can continue to grow and develop. We want to be more than just simply a funding solution, but a holistic service and guide for your business.
Suros Capital is a specialist short-term lender that provides discreet bridge loans secured against luxury assets. We lend against luxury assets, including fine art, luxury watches, jewelry, classic cars, and fine wine.
Our typical client is small business owners (usually high net worth individuals) who own luxury assets and have personal or business-related liquidity challenges. We also offer a bespoke business lending product for companies in the luxury asset industry, such as fine art galleries, jewellery retailers, and watch dealers.
The loan value is determined by the value of the luxury assets being used as security. We usually lend up to 70% against the value of the luxury assets for a period of 3 to 24 months, though our average loan term is six months. Loans from £20,000 up to £2,000,000 are available.
