Fine Wine & Spirits Collateral Loans
Wine & Alcohol Asset-backed Loan
Why Pawn Your Valuables with Lux Exchange?
|✓||1st Business to Offer Asset-backed Loans Online|
|✓||75% of Our Transactions are From Return Customers|
|✓||Get Between $500 to $5,000,000 Backed by Your Luxury Assets|
|✓||Capital for Payroll, Inventory & Operating Expenses|
|✓||Time-sensitive & Discrete Interactions|
|✓||Property is Safely Secured in Our 24-hour Monitored Storage Center|
See What Actual Lux Exchange Customers Have to Say
|“I didn’t want to feel embarrassed by going to the local the pawn shop and having to go every month to pay my money. Basically, you took care of all that. When I needed the money the most, they loaned it to me and I gave them my bracelet as collateral. The best part is its FedEx one-day shipping with insurance.”
– AW in Colorado
|“I have had a total of five experiences with you. Your assistance has been very private, personable and quick. I am a big fan of you and your organization. I would highly recommend it to anyone in my type of situation who had the need and was willing to let go of material items to maintain life and day to day needs.”
– J.B. From Winston Salem, North Carolina
|“I want to thank you for making this ring selling experience super easy. I know I was a pain, emailing you every 15 minutes but you made everything work just as you promised. I’ll definitely recommend you and use you again. The process is SO much easier than using a traditional pawn shop or trying to sell an item on Craigslist etc… Thanks again.”
– R.D. from Maryland
Wine & Spirits Collateral Loans
If you need funds to buy a second home, renovate your existing home, or take your dream vacation, you may be able to qualify for a loan against luxury assets such as fine wine and spirits. Certain high-end bottles qualify as loan collateral and can serve as your personal guarantee for a loan.
Eligible wine includes rare vintage bottles such as Château Lafite, Chateâu Mouton Rothschild, and Château Pétrus. We also accept rare, limited edition and high-end spirits including single malt scotch and cognacs and other sought-after bottles. To determine the value of fine wine and spirits, we consider the fill level, the condition of both the label and the cork, and whether seepage is present. You’ll also need to share the provenance and storage history of the wine, which provides a chain of title for the bottle and proves that it has been properly stored and transported over its lifespan.
When you use your fine wine and spirits as collateral through The Lux Exchange, we’ll store your bottles properly in a climate-controlled facility. Contact us to get even more details on how to use your fine wine and spirits collection as loan collateral.
The Loan Process
We keep the process of getting a loan from us simple. With traditional lenders, there are many hoops for you to jump through; however, we cut out all of that. Our process starts merely with an online application, where you are asked to include details about your art or collectible:
- Proof of ownership
- Certificates of authenticity
Upon reviewing your application and accompanying documents, we will provide you with a conditional initial offer. If you agree, we will then send you a free shipping label to send the asset to us so we can complete an appraisal and seal the deal. The shipping is 100% paid for by us and fully insured. We use third-party evaluators to ensure fairness and accuracy. Once you accept our final offer and sign the contract, we will transfer funds to your bank account.
To ensure that your asset is treated properly, we will videotape the package being opened and placed into a secured vault monitored 24 hours a day upon receiving it. We take security seriously and always treat your asset with the utmost care and respect.
Get Your Loan Today
If you need money and have art or collectibles that are of value, then try our loan process. We can help you discreetly get fast money while providing you with a peace of mind. Start your application today.
The Lux Exchange helps client unlock the equity in their art collections with our simple and discreet process. Here is how it works:
– Please complete an online application, and include as much information as possible on your art or collectible. Please include:
- several photos
- certificates of authenticity
- proof of ownership
- any other pertinent information
– We will send you an initial offer pending our final evaluation. This is just an INITIAL offer because of course we have not been able to evaluate the item yet.
– Your Initial Offer email will have a link to create a FedEx label and you will ship us your art or collectible. Once we receive the asset(s) here is the next step:
Since Art and Collectibles can be difficult to place a value on, we will engage a third-party evaluator to help us authenticate and value your asset(s). This may take up to 5 business days, but we have evaluators and appraisers on call ready to assist our clients.
– Once we have authenticated and valued your Art or Collectible, we will send you a Final Offer. Now the process goes quickly: simply accept the offer, read the contract, ask any questions you may have, and then sign the contract.
– Once we have received your signed contract back, we can fund your bank account! Simple as that.