I believe you can offer assets (i.e your house!) as collateral on a carnet. Not as big a drama as it sounds if you are confident your credit rating would allow you to get a loan to cover the amount if it all went pete tong. The bank just holds the deeds. Mind you, this was in the days when bank managers knew their customers and the banks gave a toss!!!
This, of course, is why I drive an old shed!!
andy
landy 101 ambie
TLC H60
morris minor traveller!
www.plymouth-dakar.com
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1990 Landcruiser H60. Full rebuild completed 2014
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