COLLATERAL ONLY LOANS
Information by Research TrustFinance
Collateral Only, LLC is a specialized financial services company that offers a private and swift alternative to traditional bank loans. The company provides non-recourse, collateral-only loans, meaning the loan is secured solely by the value of a luxury asset, and the borrower's credit history is not a factor. Their process involves clients sending in luxury items such as fine jewelry, diamonds, luxury watches, fine art, or precious metals for expert appraisal, after which a loan offer is made. If accepted, funds are wired quickly, and the asset is securely stored and insured until the loan is repaid.
United States
Industry
- Other ServicePRIMARY
Financial