Suros Capital plans 2022 expansion

Suros Capital's plans include a more proactive face-to-face approach, reaching brokers directly via seminars and expos.

Suros Capital plans 2022 expansion

Recently launched luxury asset secured short-term lender Suros Capital has revealed plans to expand its operation in 2022.

 

Suros Capital's plans include a more proactive face-to-face approach, reaching brokers directly via seminars and expos, as well as building new relationships with packager distributors and trade bodies.

Charles Hodge, business development director at Suros Capital, said: “Since we launched at the end of Q3 2020, we have been content to make sure our process worked properly and tune our proposition to the needs of the intermediary market.

"We have learnt a lot in the intervening period and are now ready to take our short term funding, secured against luxury assets, to a wider audience.

"Our experience has shown that once introducers understand how we work and how easy it is to raise funds with us for clients they tend to bring us repeat business.

"It is now time to proactively take our lending message to the market.”

He added: “We shall be exhibiting at expos and other broker gatherings in 2022 to develop relationships.

"At the same time, we will be working to build strong ties with packagers and other distributors in our quest to educate and inform their introducing brokers that luxury assets have an important role to play in securing short term funding.”

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