Loan against your designer handbags in New York
New York Loan Company loans against a broad range of designer handbags & accessories. As long as the handbag brand is luxury, we will take a look at it with our cutting-edge authentication technology. We also require that the handbag is in excellent condition and in most cases, we require provenance, specifically a receipt from the retailer where it was purchased.
The Process. Upon entering the International Gem Tower in Manhattan’s historic 47th Street Jewelry District, you will be directed to a private office to meet with one of our team members. The amount you will be able to borrow is based upon the team’s determination of the value of your collateral.
Rest assured that our Client Engagement specialists – gemologists trained at the Gemological Institute of America – will provide fair and competitive evaluations. Once the collateral loan amount has been agreed upon, a pledge agreement will be prepared for you to approve and sign. The terms of the pledge agreement are regulated by both state and federal laws.
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.