One of the most difficult elements of starting a new business is working with a bank to secure a traditional loan. Although many of life’s processes have been simplified and streamlined over the years, thanks to innovative thinking and updated technology, the loan process has remained largely the same. It’s often time-consuming, stressful, and a significant hassle, tying up your valuable time and resources that would be better utilized elsewhere.
However, thanks to the Lux Exchange, there’s now a better, smarter way. Instead of wasting your time dealing with red tape and jumping through the hoops created by the traditional bank loan process, it’s time to change the way you think about business loans. Why not leverage the value of the assets you already own to obtain the cash flow you need in a simple, private process? What if you could avoid the frustration of credit checks, collecting financial documents, and spending hours upon hours of your time with a faceless loan officer? The Lux Exchange has created an efficient, smart system that makes this dream a reality, streamlining your approach to securing cash flow for your new business.
How Does Lux Exchange Work?
The founding team at the Lux Exchange established the company with a hyper-focused goal to create a simplified process for clients looking for an alternative method to traditional bank loans. By enabling clients to utilize luxury assets they already own free and clear as loan collateral, we’ve eliminated the hassle that you would expect from the typical loan process.
The Lux Exchange process is simple: you submit basic information about the high-end assets you’re interested in using as loan collateral, and our experts put together a fair, straightforward loan offer amount. If the proposed loan fits your needs, you can expect to receive the funds within 24 hours of completing Lux’s simple online form. Your valuables will be stored in our secure, highly-monitored facility until the completion of your loan terms, at which point the item(s) will be safely returned to you. Our clients describe it as a win-win situation – in the end, you’ll have both your business funds and assets in hand much faster than any bank could do it.
How Do I Get Started?
Starting the process takes just a few easy clicks. Browse the list of assets we accept, which range from luxury watches and diamond jewelry to fine art, electronics, and high-end vehicles. You may be surprised to find that many of your possessions contain unlocked equity that you’ve never considered before.
Have More Questions?
If you’d like more information about how to get a loan to start a business through the Lux Exchange, we invite you to contact our professional team of luxury asset experts today.