Any A lenders do Gold / Diamond / Jewelry?
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  1. #1
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    Any A lenders do Gold / Diamond / Jewelry?

    I know a lot of lenders don't deal with this SIC code due to the low margins involved with these types of businesses, but I am sure there is one or two out there that do... anyone care to share?
    Anthony Diamond
    Underwriter

  2. #2
    YSC will take a look I'm sure.

    Quote Originally Posted by ADiamond View Post
    I know a lot of lenders don't deal with this SIC code due to the low margins involved with these types of businesses, but I am sure there is one or two out there that do... anyone care to share?

  3. #3
    Senior Member Reputation points: 3217 CO1's Avatar
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    Any A lenders do Gold / Diamond / Jewelry?

    Excel,Caprock,MCC, Ondeck,SFS. . .

  4. #4
    If the business is seasonal the best time to get this done is to stock the inventory for Valentine's Day or Christmas. However, if the business is in a high traffic area with consistent gross the SIC code shouldn't be an issue for any lender.

  5. #5
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    Quote Originally Posted by ADiamond
    Any A lenders do Gold / Diamond / Jewelry?
    Quote Originally Posted by cardinalequity View Post
    YSC will take a look I'm sure.
    I'm sure they would
    Anthony Diamond
    Underwriter

  6. #6
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    IOU or Quarterspot, no?
    Isaiah Clark
    General Merchant Funding
    Hartford, CT 06103



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