At Qollateral, we’re continuing to revolutionize the pawn industry with our new virtual, online lending services that will bring the speed and simplicity of collateral loans to our clients nationwide.
What Is Virtual Collateral Lending?
Virtual collateral lending allows you to send in your asset and receive a quick loan payment via check or bank wire transfer for the appraised value of your asset. It’s completely safe, convenient, and confidential. You’ll get all the perks of our in-person collateral loan—friendly service, no-pressure loan offers, and fast, simple payments—but without ever leaving home. We’ll walk you through the details of what our process entails below.
How Do Online Secured Loans Work?
In our signature no-stress style, we have designed a seamless process to turn your assets into cash overnight from anywhere in the country.
First, fill out a 5-minute online submission form to receive a prompt loan estimate and a prepaid shipping label, including full insurance coverage to send your asset safely overnight. Once your asset arrives, our team of appraisers evaluates it in person, providing a definitive loan offer. If you’re ready to move forward, we will provide payment immediately via bank transfer or check, and the asset will be stored in a state-of-the-art vault at their offices in the International Gem Tower, the highest security building in New York City. If you change your mind, we will ship the asset back—no questions asked—still fully insured, overnight. There’s no risk, no obligation, and above all, no hassle.
What Assets Can I Borrow Against For A Virtual Collateral Loan?
Qollateral provides collateral loans against the following assets, though we recommend always giving us a call to be sure.
- Luxury Watches
- Luxury Jewelry, as well as non-branded jewelry for the value of precious metals and gems
- Chanel and Hermès Handbags
- Diamonds & Gemstones
- Precious Metals—especially gold, against which Qollateral offers the highest collateral loan value in New York City
- Numismatics & Collectibles
What You Need To Know About Borrowing Virtually Against Gold
Qollateral now offers a Gold Equity Line of Credit (GELOC), a flexible open credit line secured by gold. This service is as fast, easy, and confidential as our asset loans, letting clients borrow up to their gold’s estimated value as needed. No other credit line offers such flexibility, instant funding, or skips the tedious paperwork and credit checks. The GELOC is available both in-person and virtually. We invite you to call us with any questions.
You can get started with your online collateral loan application here. We’ll contact you within one business day to guide you through the process and provide a prepaid shipping label. We look forward to serving you from wherever you call home.
