Unwilling to provide normal property bricks and mortar to stand as security and working with his financial adviser, the client originally thought about selling his gold bullion and Krugerrand coin collection to raise the money needed, but was put off because of the large CGT bill that would have come as a consequence of an outright sale.

However, Suros Capital was happy to accept his gold as security for the loan required, leading the borrower to retain ownership of his assets.

The loan was completed on the day the gold collection was assessed, valued and taken into the temporary custody of Suros Capital.

The loan term is four months with the exit strategy based on business cashflow being expected to improve significantly by February 2026.

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Ray Palmer, director at Suros Capital (pictured above), commented: “The gold price is now up circa 50% year-on-year and likely, according to Morgan Stanley, to reach roughly £3,400 per ounce by mid 2026.

“In this case, our client has owned his gold bullion and Krugerrand coin collection for 10 years, when it was valued at £46,000. Today, that same collection is worth £200,000, making it equally valuable to owners as security for a Suros Capital loan.

“Suros Capital provides an increasingly valuable borrowing resource for those clients who are asset rich and who do not want to sell in order to meet their pressing need for finance.

“More and more financial advisers are recognising the value of having an alternative source of short-term finance for clients with luxury assets.”