Using an Engagement Ring for a Jewelry Equity Loan

Using an engagement ring for a jewelry equity loan as collateral is a great way to get fast capital.

The first step is to go to Capetown Capital Lender’s loan form. Then, you select the diamond’s carat weight of the diamond in your engagement ring. And, if you don’t know the carat weight of the diamond, that’s okay too! When you securely mail your engagement ring to Capetown Capital Lenders, our jewelry experts will evaluate the true carat weight of the diamond.

Then, you are prompted to select how much you would like to borrow for your jewelry equity loan.

Next, you will be asked to provide any additional information that could be useful for the jewelry equity loan. It is optional to provide answers for these questions. You can provide the original purchase price, describe your engagement ring and attach any pictures. All of this information on this initial form is to help the jewelry experts at Capetown Capital Lenders provide you with an initial quote. You will usually be provided a free quote within one day of filling out the interest form.

Get funded for your engagement ring in 24 hours

After you accept the initial quote, Capetown Capital Lenders will provide you with a pre-paid, fully-insured shipping label. All shipments are insured by Jewelers Mutual and Brinks, so you can rest assured that you’re fully covered. When your engagement ring arrives at one of Capetown Capital Lender’s offices, your package will be opened under video recording for your protection.

Finally, once your engagement ring has been evaluated, Capetown Capital Lenders will contact you with our official offer. Once accepted, we arrange for an immediate payment via check or wire transfer. If you don’t accept the final offer, that’s completely fine, your ring will be shipped back at no cost to you. No risk. No obligation.

Overall, if you’re planning to get a loan using your engagement ring as collateral, Capetown Capital Lenders is  great to work with! Get started today!

Your Top Asset-Based Loan Questions Answered

Understanding the asset-based loan process can be difficult! That’s why we have compiled a list of the most asked questions about Capetown Capital Lender’s loans! Here are the top asset-based loan questions answered.

Getting a loan Q&A:

Q: How do I start the process for getting a quote?

A: You can start on our website by submitting any and all information you have on your item. If you have a diamond, we will need more than just the carat weight. There are many factors that go into determining the value of a diamond. Because pawn shops often assess values for the carat weight alone, they are paying you the lowest amount possible by assuming the clarity, color and cut are low quality. However, we look into these factors because they can greatly affect the value. This is why we are able to offer more for your diamond.

How Capetown Capital Lender’s Asset-Based Loans Work:

Q: How do payments work?

A: You are given a monthly rate along with your loan amount, which makes your minimum monthly payment (Example: $1,000 loan at 7% makes your monthly minimum payment $70). By paying the monthly minimum, you extend the loan for 30 days. As long as this payment is made each month, your loan will remain in good standing. Any amount over the minimum amount due each month will go toward the principal of the loan, thus lowering your next month’s minimum payment.

How to pay off the loan:

Q: Can I pay my loan off over time, or just in on lump sum?

A: You can pay your loan off in one lump sum, or over several payments. You have the option to pay more than the minimum due each month toward the principal, or you can make payments separate from the monthly payments. We are very flexible.

Do have any additional questions about asset-based loans? Ask them here and get started today on the loan process!

3 Reasons to Get a Loan From Capetown Capital Lenders

Are you looking to get a loan from Capetown Capital Lenders? We’ve outlined three great reasons you should choose to get your jewelry equity loan from us. Looking to start the loan process? Get started today with Capetown Capital Lenders! 

1. Capetown Capital Lenders Will Give You The Most For Your Jewelry

Capetown Capital Lenders has recently purchased diamond jewelry anywhere from $5,000 to $65,000. There is a wide range that they are willing to pay for your diamond depending on the quality. There isn’t a limit on how much Capetown Capital Lenders can pay for your diamond. The final offer amount is solely determined by the value of the diamond.

2. Capetown Capital Lenders is Safe

The main advantage of our loans is your credit and bank records will not be affected. Since, your jewelry is very important and meaningful, we obviously want clients to redeem their loans and get the jewelry back. This is why we work alongside clients to pay back their loans. With a jewelry equity loan from Capetown Capital Lenders, your jewelry is in the hands of a trusted jeweler and under the strictest security and insurance policies.

3. The Capetown Capital Lenders Process is Quick

At Capetown Capital Lenders, the jewelry equity loan process is quick and simple. This is because this specific type of loan is a good option for people with high-end jewelry, diamonds, and watches. So get started by filling out a no-obligation interest form. Then, within 24 hours, we provide you with a quote on your high-end jewelry. Agree to the initial quote, and send your jewelry to Capetown Capital Lenders. Next, your jewelry goes through a transparent, in-person assessment, and you’re presented with a final offer.  Accept the offer and Capetown Capital Lenders will fund you immediately. 

An easy three-step process to get your jewelry equity loan!

Get started today by filling out Capetown Capital Lender’s risk-free jewelry equity loan form.

Don’t Borrow Money From Your IRA Do This Instead

If you need money quickly, borrowing money from your Roth IRA may seem like an attractive option. However, the rules for borrowing from your IRA are extremely strict and difficult. If you want a quick and easy option of borrowing money, then you should consider getting a jewelry equity loan from Capetown Capital Lenders.

Continue reading “Don’t Borrow Money From Your IRA Do This Instead”

Need Quick Funds for a Business Venture? Consider a Jewelry Equity Loan!

Starting a new business can be both exciting and stressful. The majority of the stress stems from the financial side of things and coming up with the cash you need. Capetown Capital Lenders is here to help you get funds for a businesses venture with a jewelry equity loan.

Why Should You Avoid a Bank Loan?

Many people looking to get funds for a business venture originally consider a bank loan. However, banks have very strict standards for who they lend to. Banks require a credit check in order to lend to you. Therefore, if your credit score doesn’t meet the bank’s criteria, then it will be nearly impossible for you to get a bank loan.  In 2017, only 36% of small business owners were able to obtain a loan from the bank for a business venture. This percentage is so low because many people aren’t aware of the state of their credit score. So if you don’t have a good credit score, then you will be automatically rejected from a bank loan.

Get funds for a business venture by using your Rolex as collateral for a jewelry equity loan!
Do you own a Rolex watch? This is a great item to use as collateral for a jewelry equity loan!

Continue reading “Need Quick Funds for a Business Venture? Consider a Jewelry Equity Loan!”