FastPay Upfront Payment

Short-term finance

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.

Scott Webber

Head Of Valuations

Accredited Senior Appraiser

Licensed Auctioneer

Qualifications & Affiliations

American Society of Appraisers (ASA)

Profile

Scott Webber is one of the founding partners at Lloyds and has worked for the company from its inception in 2004. In that time Scott has been a Licensed Auctioneer and Qualified ASA Valuer. Prior to Lloyds, Scott was a Farm Manager at Cubbie Station in Queensland, he has an earthmoving and agricultural background.

Scott is heavily involved in daily valuations. He acts for a wide range of clients and vendors including Insurance companies, Financiers, Insolvency Practitioners, Government branches, Joint Ventures and Alliances, large companies, and private individuals. Scott personally co-signs and oversees every valuation report completed by Lloyds. On average the Lloyds valuations department conducts over 500 appraisals per financial year.

Scott has managed many auctions and private sales, previously completing an approximate average of 400-800 traditional auction lots per week. Given that the Lloyds system is now online, traditional auctions are very minimal and are completed in a simulcast method, to comply with contracts we have with major government departments. Although Scott’s focus is currently Valuations, he still oversees and runs auctions weekly on a wide variety of assets from motor vehicles to very specialised process lines.

Scott offers a wealth of experience as an Auctioneer and Valuer in all aspects of Valuations and Asset Disposals.

Having headed disposal programs for Major Infrastructure Alliances, Joint Venture partnerships and Government projects throughout Australia, Scott has a wide range of experience in the Civil Construction, Earthmoving, Manufacturing and Agricultural sectors offering a “turn key” service from start to finish.

Mobile: 0439 765 669