Our standard loan product.
It is a short-term loan that provides you with a specific amount of capital in exchange for one or more luxury assets that are securely stored by us as collateral until the loan is repaid. Our loans have a 4 month or 120-day term, and there is no minimum period for repayment.
For clients who require a revolving line of credit that can be drawn upon at any time
Like a home equity line of credit, the Luxury Line of Credit gives you immediate access to capital using the value of your luxury assets as collateral. Its credit line is based on our valuation of one more luxury assets that are securely stored by us as collateral.
Provides operating capital to luxury goods retailers, wholesalers, traders and other industry trade members
Inventory loans enable companies in the luxury good trade to use current inventory as loan collateral to help cover payroll, rent, insurance, and other operating expenses that haven’t gone away while revenues are reduced, and are an attractive alternative to selling inventory at a loss.
What to expect. After you have signed the pledge agreement, the Client Engagement team member will provide you with the full amount of the loan in cash. There are no upfront fees or costs charged.
All assets held as collateral is stored in a vault within a vault under 24-hour surveillance. You are entitled to the full four months of the contract and may renew after the term matures.
New York City’s leading provider of confidential non-bank loans that use borrowers’ luxury assets as collateral.
Clients can bring in luxury assets including fine jewelry & diamonds, luxury watches, fine art, luxury & classic cars, designer handbags & accessories, precious metals one-of-a-kind memorabilia for immediate expert valuation and loan funding.