Park your asset for up to 9 months. We lend against it as security and transfer the capital to your account once we have it safely stored.
Park It is for assets you don’t need to use for a few months. A truck between jobs. Equipment between contracts. A vehicle that’s sitting anyway. We take it in, store it safely, and put capital in your account today.
When you’ve sorted what you needed to sort, you pay back and the asset comes home. No credit checks. No financials. The asset is the conversation. Nothing else.
Most of the time it’s done the same day. You send us details on the asset, we come back with indicative terms, the value gets confirmed independently, the asset goes into storage, and the money lands in your account.
We move at the pace of your situation, not the pace of a credit committee.
Photos, make/model, condition. We come back with indicative terms within two hours.
Independent valuation by Lloyds Auctions & Valuations. We confirm the funding amount.
Securely stored throughout the term.
Capital in your account the same day the asset is secured. Asset back when you’re done.
Got a vehicle sitting in the driveway? Equipment between contracts? An asset you own outright that’s doing nothing right now?
If it holds value and can be stored, we can advance against it.
Park It is for assets that can come off the road for up to 9 months. If you need to keep using it, check out Track It. Ready to release it entirely? Sell It.
You don’t need to sell it. Just park it.
Capital today, your asset stored safely. Comes home when you repay.
Cars, trucks, prime movers, light commercial, motorbikes, trailers. Anything that’s registered or driven. The asset can be owned by the business, by a director personally, or by a third party. What matters is the value, not whose name is on the title.
Boats, yachts, jet skis, sailing vessels, light aircraft. Stored under cover throughout the term. Larger vessels and aircraft are subject to size and transport assessment.
Plant, construction equipment, earthmoving machinery, agricultural gear, industrial equipment. Whether you’re between contracts, between seasons, or restructuring, if it can be moved and stored, it can be parked.
Excess inventory, off-season stock, finished goods. Particularly useful for businesses with seasonal cycles or pre-sale stock holdings. Valued conservatively against wholesale market.
Rolex watches, designer handbags, fine wine, gold, silver. Held in vaulted secure storage. Independently valued by Lloyds specialists in the relevant category.
Fine art, classic and performance cars, luxury collectibles, rare items. Climate-controlled storage where required. Each piece independently valued, typically against auction-house comparable market data.
Three ways to use what you already own. The right product depends on whether you can spare the asset, need to keep using it, or are ready to release it entirely.
The questions that come up most when an asset gets parked. If yours isn’t here, give us a call.
Whether you’re a business owner, broker, or advisor, we’re here to help you work out if Park It is the right fit.
