The period is determined at the outset of the loan, based on client needs.
Collectible-based loans are only limited by the collectibles that back them.
Your item will be returned to you right away via fully insured shipping.
We require a copy of your drivers license and ACH details.
We will electronically deposit money directly into your bank account.
Early payback options are available for certain loan durations.
Your item will always be insured, from shipment to vaulting and back to your doorstep.
Your item is bar-coded and stored within a biometric secured vault for the entire duration of the loan period. Every part of the facility is under 24 hour surveillance.
Our vaulting partner is a publicly traded precious metals vaulting facility that’s been in business for over 50 years.
We have partnered with Bezel Inc, which is a third-party peer-to-peer marketplace that specializes exclusively in the authentication & appraisal of luxury watches.
Authentication is conducted via machine learning technology, digital authentication, in-hand verification, or a combination of the same. Bezel’s team of authentication specialists are highly trained to identify any indication that a watch may not be authentic. They inspect details from movement to dial, case, bracelet/strap, and so much more.
There is no minimum length in loans. Interest payments are rounded up to the nearest month in the event of early repayment.
This is a one-time fee that varies depending on the size of the loan, but it will cover product costs associated with shipping insurance, authentication, and vaulting services. The fee will be deducted from the loan amount.
We use a proprietary algorithm to calculate LTV based upon the following key data points: Brand, Availability of Boxes & Papers, Secondary Market Value, Desirability, and Condition. LTV can range from 50 to 70% depending on prior details.
You have the option of selecting an interest-only loan or a more traditional loan with a standard amortization schedule.
An interest-only loan consists of interest-only payments throughout the duration of the loan, with the final payment including the entire principal amount plus the interest.
A standard amortization loan consists of equal payments throughout the duration of the loan.
Interest rates are as low as 1% per month.
Late fees apply, however, they will vary from one state to another.
FCI is our third-party loan servicer. FCI will deposit your funds directly into your account and service your monthly terms as you would for any other loan.