FASTPAY – Upfront Vendor Payment
Lloyds exclusively offer upfront vendor payments on select assets, up to 50% of the asset value.
- 50% of valuation may be advanced when listing an unreserved asset
- remaining balance of funds disbursed upon sale
Complete the form below to assess an asset and realise your sale cashflow sooner.
Upfront vendor payments are available to both businesses and individuals for classic cars, civil equipment, transport and machinery.
Applications are primarily assessed against the asset itself, with minimal personal details required.
For example:
Selling a classic car valued at $100,000? Receive up to $50,000 prior to auction, when the car is delivered to a Lloyds Auctions site ¹
Benefits include;
- Fast approval time
- Very simple application
- Fast payment turnaround
¹ No fees are payable when unreserved assets are secured at a Lloyds Auctions facility. Financed assets are held by Lloyds Auctions until settlement.
