Assetline

Assetline
Private Listed
Industry Financial Services
Founded August 2008 (August 2008)
Founder Nick Raphaely,
Steven Beinart
Headquarters Sydney, Australia
Services Secured loans, Personal asset loans , Collateral loan,
Number of employees
 10 (2013)
Website www.assetline.com.au

Assetline is an Australian-based specialist in personal asset lending or pawn broker that offers short-term loans secured against collateral and personal assets such as jewellery, watches, gold, art, boat, cars, fine wine and other valuables.[1]

History

Assetline was established in 2013 by Nick Raphaely and Steven Beinart to offer investors, collectors and high-net-worth individuals a way of accessing funding and unlocking liquidity held in alternative assets, similarly to overseas counterparts such as borro.[2] Since the Global financial crisis there has been an increase in people and businesses looking past conventional banks and to alternative sources of funding, such as peer-to-peer lending and crowdsourcing finance.[3]

Assetline’s clients range from art collectors[4] and jewellers[5] to mortgage brokers and auction houses, and it has operations in New South Wales, Victoria, Queensland and Western Australia.

See also

References

  1. ↑ Mitchell, Jake (April 2013). "Alternative finance emerges from tight credit". Australian Financial Review. Sydney.
  2. ↑ Garcia, Jay (23 April 2013). "From Love to Liquidity" (PDF). CEO Magazine. Sydney.
  3. ↑ Hammond, Michelle (22 April 2013). "Credit squeeze leads to personal lending opportunity for start-up Assetline". StartUpSmart. Melbourne.
  4. ↑ Hayes, Jacquie (15 December 2013). "Where the über rich go for ready cash". Australian Financial Review. Sydney.
  5. ↑ "Aussie businesses use jewellery to maximise 'business potential'". Jewellery World. Sydney. 22 April 2013.

External links

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