Logbook Lending Limited
Series | Term | Interest | Investment | Frequency | Currency |
|---|---|---|---|---|---|
Series 1 | 2-Years | 10.00% | 10,000 | Quarterly | USD / GBP / EUR |
Series 2 | 3-Years | 11.00% | 10,000 | Quarterly | USD / GBP / EUR |
Series 3 | 2-Years | 11.00% | 10,000 | On Maturity | USD / GBP / EUR |
Series 4 | 3-Years | 12.00% | 10,000 | On Maturity | USD / GBP / EUR |
Series 5 | 2-Years | 10.00% | 10,000 | Quarterly | USD / GBP / EUR |
Series 6 | 3-Years | 11.00% | 10,000 | Quarterly | USD / GBP / EUR |
Series 7 | 2-Years | 11.00% | 10,000 | On Maturity | USD / GBP / EUR |
Series 8 | 3-Years | 12.00% | 10,000 | On Maturity | USD / GBP / EUR |
Series 1 to 4 - Transferable (Max Raise £7 million)
Series 5 to 8 - Non-Transferable (Max Raise £20 million)
Logbook Lending Limited (t/a Logbook Loans 247) is an established subprime consumer lending business that currently operates exclusively in the United Kingdom.
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The Company specialises in logbook loans and pawnbroking contracts that allow clients to borrow between £500 and £50,000 against their vehicle and/or valuable assets. The business has been in the industry for 13 years and is led by Andrew Lazarus. With almost 40 years of experience in the subprime/high-cost lending business, he has a wealth of experience and knowledge having been involved in numerous businesses across the sector.
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The Company has an established reputation built on trust and takes pride in being an ethical and responsible lender. To date, the Company has helped over 4,000 clients raise short-term finance and has issued nearly 2,000 loans totalling nearly £5,000,000. The Company has seen a surge in
applications, and as such, is looking to raise funds to accommodate the demand. The Company currently receives around 25,000 enquiries per year.
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Logbook Loans 247 is authorised and regulated by the Financial Conduct Authority and is a member of the Consumer Credit Trade Association (CCTA) and the National Pawnbrokers Association (NPA). The Company is subject to the Consumer Credit Acts and the CCTA's Code of Practice promoting ethical lending.