The funding is based on the advance valuation of luxury assets such as classic cars, jewellery, fine art, watches and fine wine.

By having assets pre-valued, they have a confirmed facility which is ready for them when they choose to use it.

Charles Hodge, business development director at Suros Capital, said: “This facility develops our service and provides certainty for customers that they have a funding source on tap whenever they need it.

“In turn, this will give them the confidence to act when they spot opportunities, knowing that with Suros Capital behind them, with funding already agreed, they can move quickly to secure their purchase.”