Whether you’re just beginning your business venture or making modifications to your current establishment, it can be difficult to find the best place to borrow money for business expenses. Even with the improvements in today’s economy, bank loans remain just as scrupulous as they were around the recession. However, asset-based jewelry loans are becoming more and more popular because of their simplicity and efficiency.
Diamond Banc’s asset-based loans are much more appealing than traditional bank loans for many reason. Just to name a few reasons, we do not report to a credit bureau, so your credit score will not be affected. Our paperwork is significantly less strenuous than bank loans’, and we provide funding faster than a traditional bank. You can fill out our loan documents via DocuSign and have money in your bank account within 24 hours of your initial submission.
Repeat borrowing made easy
When you borrow from Diamond Banc, you can rest assured our end goal is the same as yours. We want to loan you money against jewelry, watches and diamonds, so you can repay the loan when your business needs are met. That is why the amount we agree upon for your loan is the amount that ends up in your hand. Unlike many of our competitors we do not have upfront fees, and we do not withhold an initial interest payment. We pride ourselves in our transparency and will go over any and all fees or charges associated with the loan process, before you agree.
Diamond Banc does not ask for credit checks or income guarantees. Instead, the value of your property is enough of a guarantee for us. Providing documentation for a traditional bank loan slows the process down, and might cause you to miss out on tremendous business opportunities.
Once you borrow money for business
When you pay back your loan, we’ll offer you the same loan terms again and again. We like to think of it as a credit line. As your business grows, you will likely need to make improvements or fund other expenses down the road. We’ll loan money to you as many times as you need. To get a second or third loan at a bank or other lender, you have to go through the same processes, approvals and paperwork each time. With Diamond Banc, you can repetitively borrow money for business expenses without a credit check or business performance reports.
On a loan worth more than $100,000, Diamond Banc will even travel to you. Our jewelry experts will travel anywhere within the contiguous United States to evaluate your collection and offer you a deal.
We would be happy to make an you an industry leading offer on your jewelry, diamonds and/or luxury watch. Fill out our simple loan form and you’ll get an offer from us within 24 hours.
Visit one of our five locations today to get a complimentary evaluation.