Jewelry Collateral Loans: How it Works

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How to Get a Collateral Loan Using Jewelry

Are you yearning for a luxury vacation but do not want to pay for it with a credit card? Or do you dream of owning your own business but lack the capital to get it off the ground? If yes to either queston, you may be surprised to find that you already hold the key to making your dreams a reality. High-end jewelry-backed loans are ideal for a luxury line of credit.

With jewelry loans, there is no need to apply for a bank loan with its time-consuming process and inquiries into your finances. Approval is quick, easy and not financially invasive.

Borrow, Sell or Trade In?

The option you choose often depends on what the item means to you. If it is a family heirloom, you may want to borrow against it. However, if you have a luxury item and you want to trade up, selling your asset to buy the latest model may be preferred.

There are many circumstances in which a luxury line of credit may be the best option for you, including:

Aspirational Purchases

Have you finally found the perfect piece of art to add to, or start your collection? Was the seaside vacation home of your dreams suddenly put on the market? Did your must-have auto piece show up at an auction? Borrowing against a luxury asset allows you to finance these purchases quickly without taking on additional debt.

Assistance During Transitional Moments in Life

Life happens. Sometimes unexpected events require a quick infusion of cash. Other times, you need that additional capital to get past an expected, but expensive event. If your current cash flow leaves you a bit short, borrowing against past luxury purchases can help you get through these periods with less stress.

Capital for Your Small Business

In today’s fast-moving business environment, opportunities and threats can arise quickly. Securing conventional financing can be too slow or inaccessible. By using a luxury line of credit, you can increase your firm’s liquidity quickly, making you more competitive in your industry niche. The credit line amount is dependent on only the collateral you pledge.

Secure Storage

Your assets are moved to a processing room with reinforced walls, concrete floors, bulletproof glass and 24-hour surveillance upon arrival. Biometric security is used to access the area, and barcodes are assigned to each item before being placed into the vault. We make special arrangements for assets that cannot be shipped, such as cars and real estate.

Have More Questions? Contact Our Team Today!

Using your luxury assets and high-end jewelry enables you to leverage past purchases for capital without tax consequences. At The Lux Exchange, we provide you with discreet, convenient method to meet your loan collateral and cash needs. Contact us today with questions or simply click here to get the process started online.