A businessman goes into a London bank and asks to see the manager as he wants a loan. The manager appears and asks him for the details. The man tells the bank manager that he'd like to borrow £50,000 for two weeks. The manager asks if the man has enough collateral to secure the loan. The man tells the bank manager that they can have his brand new Rolls Royce Phantom car as security for the loan, but asks if the car will be kept securely and without any damage during the two week period. "Of course", replied the bank manager, "we have a secure underground car park beneath the bank and your car, as a valuable asset, will be kept there".
The man asks the bank manager how much the loan will cost and, after the manager has done some calculations, he replies "Providing the loan is repaid in full within two weeks then the arrangement fee and interest will total £280". The man agrees and duly signs the paperwork and hands over the keys and registration document for the car, then checks the £50,000 loan has been credited to his account and leaves the bank.
Two weeks to the day, the man returns to the bank and repays the loan in full. The curious bank manager escorts the man down to the underground car park and hands back the keys and paperwork. Before the man has time to open his car and drive away, the bank manger asks "I hope you don't think I'm prying, but why does a man who is clearly as wealthy as you are, take out a £50,000 loan against a brand new £360,000 car for just two weeks?" The businessman smiled and replied "Where else am I going to find secure parking for a brand new Rolls Royce Phantom in London for two whole weeks for just 280 quid?!.