Luxury Watches, Luxury Cars, Precious Metals/Stones, Fine Wine, Jewelry & Fine Art are all assets that can be used as collateral to get some quick cash these days.Are you contemplating on applying for a short-term loan for your business or personal use? This is a great alternative to a small business loan. Too often, small business owners and even private individuals are unwilling to extend themselves further into debt, especially if there are no definite assurances of stability and economic recovery. Reports show that small business borrowing in the recent years has slowly declined, despite indications economic recovery is well underway. This is in view of the fact that people in general are apprehensive of the consequences that come with accumulating too much debt. The risks that come with it are something most people are not willing to accept.
A Practical Alternative for Fast, Short-Term Cash LoansIn view of this fact, personal asset lending, particularly luxury items has presented itself as a favorable option for individuals who want to avoid the drawbacks and the potential pitfalls of seriously damaging credit scores. Luxury asset loans offer a supremely better option for a number of reasons. With luxury asset lending, you don’t have to contend with:
- Credit checks – there won’t be a credit pulled at all
- Income verifications – no proof of income required, no tax returns or paystubs
- Financial reviews – no bank statements or financial statements required
For more information CLICK HERE.
If you have any questions, you can reach us at 888-565-6692
Best and Worst Assets to UseAs the name suggests, luxury asset loans are strictly based off the asset with loan sizes ranging from as little as $ 1,000 to as much as $ 2, 000,000. Acceptable collateral for these type of loan includes:
- Luxury watches
- Precious stones
- Precious metals
- Luxury cars,
- Fine art
- Sports memorabilia
- Fine wines
- Boats & Planes
- Designer purses
What other benefits are there when looking at luxury asset loans?
- These loans can be obtained faster than your traditional Merchant Cash Advance Loan; Funds are typically issued within 24 hours
- There is no pre-payment penalty; only pay interest on the months you need it
- No Credit Check & No Income Check: Strictly Asset Based Loans
- $1,000 to $2,000,000 loan amounts
- West Coast & East Coast brick & mortar locations