If you want to sell your expensive watches but you do not have enough cash, consider taking a loan against your watches. This option has several advantages over selling your precious watches. It allows you to avoid the time and commissions associated with selling, and it turns an asset into cash. Furthermore, it allows you to keep your prized possession and avoid a fire sale situation.
If you are ready to sell your watch, there are several options available to you. Whether you bought it as a gift or for yourself, you can sell it at any time to earn some extra cash. Luxury timepieces often see unexpected spikes in value, particularly if they are worn by a celebrity. Alternatively, you can hold onto your watch as an investment piece and sell it when its value rises.
Borro
Borro offers loans against watches for people with high-end timepieces. It offers financing ranging from thousands to millions of dollars. Borro works with clients from all over the world, and offers a wide variety of options. Other high-value assets that are accepted for Borro loans are luxury and classic cars, fine jewelry and diamonds, designer handbags, gold, precious metals and fine art.
Borro is an online lending company that was launched in the UK in January. The company serves private individuals, entrepreneurs, small business owners and private companies in need of fast cash to invest in new technology or finance growth. The company also works with financial advisors and private banks to refer clients to the lender.
Borro offers loans against luxury assets such as fine art, watches, jewelry, yachts, and private jets. The company provides a safe and fast process, so you don’t have to worry about your loan getting canceled or returned. Borro is a non-traditional loan company that doesn’t require collateral. They also offer reasonable terms for their loans against watches.
Borro is one of the leading providers of confidential, non-bank loans using luxury assets as collateral. They recently lowered their interest rates by 20% for new loans. This special rate will remain in effect until 2020. Borro is a great alternative to selling a valuable possession. Besides the low costs and fast turnaround, you get to keep your prized possession and avoid having a fire sale.
Empire Loan
The Empire Loan against watches program is a fast, convenient way to get cash for your items. They offer cash on the spot and do not require credit checks. And the best part is, there is no application process. All you need to do is show them the items that you want to sell and they’ll take care of the rest.
You can get a loan against your watches if you own a high-end, designer watch or other valuable watch. However, the value of your items will vary depending on the brand, material and quality. If you have a vintage, or high-end watch, you’ll want to check the secondhand value to get the best possible value.
Empire Loan against watches works similarly to a conventional collateral loan, but instead of using your real estate, you can use your watch as collateral. This allows you to borrow up to 70% of the appraised value. Another advantage of this type of loan is that there are no early payment penalties. Plus, you don’t have to worry about your credit score if you don’t pay back your loan within a year.
Conclusion
Another benefit of getting an Empire Loan against watches is that you don’t have to pay anything for the first four months. Many customers find this to be the most convenient way to borrow the cash they need. They don’t have to worry about a credit check, and the cash they receive will be available for as little as two weeks.
