You’ve booked an appointment to visit us at Qollateral. What next? If this is your first experience borrowing against an asset, you may be wondering what to expect.
At Qollateral, we do things differently than your average pawn shop. We don’t want to manage your expectations, we want to raise your expectations. You’re about to visit the best luxury pawn shop in NYC with white glove service. Our team is discreet, friendly, and honest to a fault. We strongly believe that pawning is a financial decision worth celebrating, because we’ve seen firsthand how it has allowed our clients to successfully navigate periods of cash shortage.
Borrowing Against Your Luxury Assets Couldn’t Be Easier At Qollateral
Part of the beauty of the Qollateral experience is its utter simplicity. You come in, you get a no-pressure offer, and if you decide to accept, you receive an instant cash payment. You can pick your asset up when you’re ready, and it’ll be like it never happened. No tedious paperwork, no credit checks, no strings attached. We make it as easy as possible for our clients to borrow against their luxury assets—luxury watches, jewelry, gold, diamonds and gemstones, Chanel and Hermès handbags—because we know it’s not always an easy step to take. The best thing we can offer our clients is to make the experience as stress-free and pleasant as possible.
That said, there’s nothing you need to do to prepare for your appointment. Our clients do ask, however, what they should bring with them, so we’ve put together a short checklist to keep things simple.
What To Bring When Getting A Collateral Loan
When coming in for an appointment, you should bring the following items with you.
1. Your ID
You won’t be able to get into our offices without ID for security reasons. We’re located in the International Gem Tower in the Diamond District of NYC. It’s the highest security building in the city, which is essential for securing assets of high value and keeping our clients safe, but not so wonderful if you’ve forgotten your ID.
2. Your asset(s)
It goes without saying, but we’ll say it anyway. Don’t forget to bring the asset you’re borrowing against. You can also bring in an asset just for an appraisal. There is never any pressure to go forward with a collateral loan on the spot.
3. Any accompanying documents
Any documents that you received when purchasing your asset should be brought along with you. This includes the receipt, certificate of authenticity, diamond or gemstone grading certificates, manuals for luxury watches, etc. These documents add value to your asset. (If you’ve been reading along, you may have seen that we suggest keeping these documents protected in a plastic sleeve to maximize the value of your luxury watch, handbag, or jewelry.)
4. Any packaging accessories
This includes the box that your asset came in. For luxury watches and jewelry, there will likely be a protective box intended for storage, as well as a cardboard box that serves as a protective packaging of the storage box. You’ll want to bring both, if you have them. For Chanel and Hermès handbags, there is a dust bag, a box, and even the shopping bag it came in, though the latter is of lesser importance.
5. Your bank account information, if you’re opting for a wire transfer.
We offer same-day cash payments, but if you’d rather receive your payment via bank transfer, we’ll need your account number and routing number.
That’s it! We told you it was simple. If you have any questions leading up to your appointment, please don’t hesitate to give us a call. We want you to come into our offices feeling as comfortable as possible.
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