Fundingsecure.com/pawnbroker Link
: Because the focus was on the asset's value rather than credit history, funds could often be released within 24 hours. Current Status: Administration
: On October 23, 2019, FundingSecure Ltd was placed into administration . fundingsecure.com/pawnbroker
: The administrators are responsible for recovering funds from outstanding loans and distributing them to creditors according to the Financial Conduct Authority (FCA) guidelines. : Because the focus was on the asset's
: Factors included a high number of borrower defaults and costly ongoing litigation, such as a major fraud lawsuit involving millions in missing art collateral. Guidance for Investors and Borrowers : Factors included a high number of borrower
: CG Recovery Ltd was appointed to manage the wind-down of the company.
: Former customers or investors seeking updates should refer to the official administrators' portal or contact their support team at customerservices@fundingsecure.com.
: Loans were secured against high-value personal assets such as jewelry, art, classic cars, boats, and property.