Collateral Loans
Once a value is determined, we will make arrangements to inspect the item and make an offer. After an agreement has been reached, we will explain the loan terms, mutually sign the loan agreement, and fund your loan.
Loans are typically offered from 3 Months to One Year. As a Client, you may redeem the loan at any time before the end of the three (3) month period, and will only be charged for that period of time which has passed. At the end of the loan term, you may request an extension. If accepted, you will be required to pay all past due interest and fees from the original agreement and will then be issued an extension agreement. The principal amount of the loan and rates will remain the same in most cases, unless the value of the asset has depreciated. At any time, once we receive repayment of the principal and fees, the asset will be returned.
All lending transactions are completed in a discreet and service oriented process.