Loan Services for Retailers
Obtain a Business Loan
Monthly interest rates as low as 1.5%Think outside your bank! We know how frustrating it can be for a retail jeweler to obtain traditional financing from a bank. We offer immediate liquidity for cash flow during slow times, cash to finance a new line acquisition or to pay down traditional debt. Jewelers simply pledge current inventory as collateral and it is kept in our secure vaults. Once the loan has been repaid in full, the jewelry is immediately returned to the jeweler. We offer asset-based loans secured by loose diamonds, mounted bridal, designer lines, diamond fashion, signed pieces, gold and silver bullion. We are happy to make loans as small as several thousand dollars secured by one diamond or in excess of one million dollars secured by a substantial inventory.
Benefits
- Privacy – No credit checks, credit reporting or repayment guarantees.
- Speed – Your loan will only take a matter of days, not weeks or months like with a traditional bank.
- Customization – Diamond Banc allows you to create a repayment schedule that works best for you.
- Repeat Customers – Once a loan is paid off, it can be re-issued as often as you need the money.
- Low Rates – We offer monthly interest rates as low as 1.5% – 3% based on the loan size.
Become Your Customer's Banker
You will receive a monthly check for 25–35%Earn significant residual income by partnering with Diamond Banc to offer your customers a discrete, confidential, asset-based loan using their jewelry items as the sole collateral.
Step 1 – Contact us with the proposed collateral description and we will provide you with an initial loan offer to present to your customer.
Step 2 – Diamond Banc will contact your customer directly to work out all logistics and the repayment structure of their loan.
Step 3 – We will send a prepaid, fully insured shipping label to your store or directly to the client so their items can be sent in for a final evaluation.
Step 4 – Once the item is verified, funds will be issued to your client and you will receive a monthly check for 25–35% (depending on the loan specifics) of the interest fees collected until the loan is re-paid. Our loans carry an average term of 6 – 12 months.