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What is a Loan Trust?

A Loan Trust is a type of trust that is used to obtain a loan by using the assets in the trust as collateral. The trust can be set up so that the assets can be used to secure a loan, and the loan proceeds can be used for a variety of purposes, such as purchasing real estate, investing in a business, or paying for college education. The trust can also be structured so that the assets in the trust are protected from creditors and lawsuits. A loan trust can be a useful tool for obtaining financing without having to put personal assets at risk.

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Disclaimer: The information provided in these FAQ pages is correct to the best of our knowledge, but may contain errors. We cannot be held liable for any misunderstanding or errors that may arise from the use of this information. We recommend that you seek professional advice before making any decisions based on the information provided here.