Are you searching for a quick, reliable way to create instant cash flow? At Qollateral, we are revolutionizing the idea of the traditional home equity line of credit – aka “HELOC” – by providing a similar, less risky revolving loan secured by diamonds and diamond jewelry. This diamond loan is called a DELOC, Diamond Equity Line of Credit, and it is a different way to transform your loose diamonds, engagement rings, tennis bracelets, necklaces, and other diamond jewelry into fast cash while maintaining ownership of your gemstones. Find out how Qollateral’s innovative DELOC can change your life.
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What is a DELOC?
DELOC is Qollateral’s exclusive term for a diamond equity line of credit. A typical collateral loan pays the entire loan amount upfront, while a flexible DELOC is an open line of credit that provides funds when you need it up to the appraised value of the diamonds throughout the loan term. You can borrow as much as you want when you need it. In the meantime, your diamonds will be stored inside a state-of-the-art vault in the International Gem Tower – one of the country’s most secure buildings. Why keep your diamonds locked away at home when they can serve you more efficiently via a reliable DELOC?
Why Consider a Diamond Equity Line of Credit?
A diamond equity line of credit has numerous benefits.
For starters, diamonds are among the world’s most prized gemstones. There is a pretty good chance you or a loved one owns diamond-encrusted jewelry or engagement rings.
Instead of keeping these sentimental assets locked away in a safe or jewelry box, you can put them to work by placing them in Qollateral’s expert care in exchange for a high-value open equity line of credit. This option provides instant, long-term cash flow with far less risk than a home equity loan or a high-interest credit card advance. Once you close the term of your diamond collateral loan, Qollateral returns your assets safely to you.
You won’t need a credit check to qualify. Securing a DELOC works much like a traditional collateral loan. Because the loan amount is based on the appraised value of your diamonds rather than your credit history, there’s no need for invasive checks or third-party financial verification. The entire process stays private between you and Qollateral, ensuring complete confidentiality. Consequently, it does not affect your credit score at all.
Loans on Diamonds: The Qollateral Advantage
Qollateral customers will enjoy the same quick and efficient process as our standard asset-backed loans. It starts by booking an in-person or virtual appointment for a free consultation with our team of expert diamond appraisers, followed by a competitive loan offer and instant access to funds via a revolving line of credit. The entire process can be completed on the same day if necessary. However, we will never rush our customers and will take the time to address any questions or concerns you may have before committing to a diamond jewelry loan.
Last but certainly not least, diamonds hold value long-term. With the global diamond market projected to grow by 50% in the next decade, a diamond loan is a smart choice. You might be surprised by how much your diamonds appraise for at Qollateral, the nation’s leading secured lender.
Learn more about other revolving equity lines of credit offered by Qollateral, including our innovative Qollateral is the Best Gold Loan Provider in NYC, GELOC and WELOC programs.
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