Client needing loan on rare Burmese Jadeite
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  1. #1
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    Client needing loan on rare Burmese Jadeite

    I have a client needing a relatively short term loan (12 - 18 months) on rare Burmese Jadeite, GIA appraised at $45MM. Looking for $10MM of which $2MM will be used to purchase an investment property in British Columbia that will be owned free and clear and will be included as collateral. The gems are stored in a secure vault and will be held as collateral for the lender. A lesser amount may be considered. Yes, I know, this is a bit outside the box, but the value is there. A complete package is available, including the appraisal.

    Tom Harrier
    Integrity Commercial Loans, LLC
    407-928-8542
    broker@tomharrier.net

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    These guys do asset based lending on these types of items:

    Gabriel Goico
    Financial Underwriter
    East Harbor
    Direct: 305-560-4125
    www.eastharborfinancial.com
    gabriel@eastharborfinancial.com
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Senior Member Reputation points: 1755
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    II think I might 2 private money lenders that could look into this.
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086

  4. #4
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    Quote Originally Posted by MissouriBroker1 View Post
    I have a client needing a relatively short term loan (12 - 18 months) on rare Burmese Jadeite, GIA appraised at $45MM. Looking for $10MM of which $2MM will be used to purchase an investment property in British Columbia that will be owned free and clear and will be included as collateral. The gems are stored in a secure vault and will be held as collateral for the lender. A lesser amount may be considered. Yes, I know, this is a bit outside the box, but the value is there. A complete package is available, including the appraisal.

    Tom Harrier
    Integrity Commercial Loans, LLC
    407-928-8542
    broker@tomharrier.net
    I have a few lenders that would consider this.
    Midwestern Financial Solutions
    CEO
    Office - (954) 694-6402
    email- Info@midwesternfinancialsolutions.com
    MidwesternFinancialSolutions.com
    Where your box ends ours begins.
    https://www.linkedin.com/company/mid...ial-solutions/
    linkedin.com/in/brandon-cooper-426615267

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