WatchPro: The secret of how affluent watch collectors are funding their next big purchase

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When a Rolex Daytona changed hands for nearly $18m last year, it reiterated just how healthy the auction market is. But who can high-end watch collectors turn to in order to finance new acquisitions when they suddenly arise? The answer is collateral lenders and luxury pawn shops, writes Dewey Burke, CEO of Luxury Asset Capital. …

Luxury Asset Capital Introduces Tax-Season Special to Help Individuals Cover Tax Bills

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Individuals who close a new loan with PawngoTM or Lux ExchangeTM by April 17, 2018, will receive a reduced rate of 15% off their monthly fee for the entirety of the loan Denver – April 10, 2018 Luxury Asset CapitalTM, a leading online provider of alternative financing, today announced a new tax-season special aimed at …

NEWS & PRESS: Luxury Asset Capital Launches Lux Exchange to Serve Middle and Upper-Income Segments with Targeted Collateralized Financing Services

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DENVER–(BUSINESS WIRE)–Luxury Asset Capital™ LLC, a leading online provider of alternative financing, today announced the launch of Lux Exchange™, an online service that provides immediate capital in exchange for luxury assets that it either holds as collateral or purchases. Luxury Asset Capital created Lux Exchange to serve middle and upper-income individuals and businesses when traditional …

NEWS & PRESS: Lux Exchange Gives Pawn Shop a Luxury Makeover

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By SARAH JONES Luxury Asset Capital is turning consumers’ luxury assets into liquid capital through the launch of Lux Exchange, responding to individuals’ occasional needs for fast, short-term financing. Lux Exchange allows clients to put goods such as jewelry or cars up as collateral for capital, whether they need $5,000 or $5 million. Even those …