Trying to place $2M Collateral Loan against Loose Emeralds
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  1. #1
    Member Reputation points: 41 tamerica's Avatar
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    Trying to place $2M Collateral Loan against Loose Emeralds

    US Borrower has ~$6M worth of emeralds (over 700 Carats), wants to borrow at least $2M against it. Yeah I know these deals are fairly hard to place. I have GIA reports, several appraisals, pictures. Borro won't do loose emeralds and I have another lender considering but no response yet. Any ideas?

    emeralds.jpg

  2. #2
    Pledgecap, but their max loan amount is $1M

  3. #3
    We own a lending portal that's connected to over 4,000 lenders.

    They will fund deals with collateral such as jewelry, cars, diamonds etc...

    Let me know if you interested.
    Doran M. Summers
    Small Business Loans & Commercial Loans
    3960 Howard Hughes Parkway Suite #500
    Las Vegas, NV 89169
    Doran@DoranSummers.com
    Www.DoranSummersFunding.com
    217.799.0156

  4. #4
    Member Reputation points: 41 tamerica's Avatar
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    I love PledgeCap, but they aren't crazy about loose emeralds, hopefully they will consider it soon.

  5. #5
    Member Reputation points: 41 tamerica's Avatar
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    Quote Originally Posted by D360 View Post
    We own a lending portal that's connected to over 4,000 lenders.

    They will fund deals with collateral such as jewelry, cars, diamonds etc...

    Let me know if you interested.
    Cool, I signed up from your link, thanks.

  6. #6
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    I did a deal like this several years ago and would like to look at this one.
    Please send me the appraisal and cross out the client's name. if you give me you contact information I will send you a broker agreement.
    Bob Shaw
    734.929.3800
    rshaw@advancecredit.com

  7. #7
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    Check out Rosenthal and Rosenthal in NYC and LA... They specialize in things like this (check out website).. Touch base if you want a contact..

    info@businesscapitalconsultants.com

  8. #8
    Quote Originally Posted by tamerica View Post
    Cool, I signed up from your link, thanks.
    Thanks, I have to send you a brokers agreement.

    If there is an interested lender they will contact your client directly.

    You are protected as we have broker agreements with ALL lenders.

    Send me an email with your business name and address so I can prepare the agreement.
    Doran M. Summers
    Small Business Loans & Commercial Loans
    3960 Howard Hughes Parkway Suite #500
    Las Vegas, NV 89169
    Doran@DoranSummers.com
    Www.DoranSummersFunding.com
    217.799.0156

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