Diamond Banc is a rapidly growing luxury asset-based lender that supplies liquidity to retail jewelers and their customers. Unlike many companies that just purchase from jewelers, Diamond Banc’s true passion, focus and specialty is making loans to jewelers secured by their inventory. Jewelers can use these loans to improve their businesses or for any personal need. Diamond Banc knows how frustrating and bureaucratic it can be for those in the jewelry industry to obtain traditional financing from a bank. We offer immediate liquidity during slow times and cash to finance a new line acquisition or to pay down traditional debt.
In order to expand its lending services nationally, Diamond Banc is partnering with the most established and prominent jewelers across the country. These companies already have the knowledge, presence and resources to offer the Diamond Banc menu of financial services to other jewelers and individuals in their areas.
One such jeweler Diamond Banc has teamed up with is Perry’s Fine, Antique & Estate Jewelry in Charlotte, N.C. Perry’s is the exclusive agent of Diamond Banc in the Carolinas and will be bringing inventory-backed loans to jewelers and the general public of the Southeast United States. Perry’s has been in business for over 35 years, and in that time has bought, sold and appraised thousands of vintage and estate pieces establishing the company as a premier antique and estate jeweler. This gives Perry’s the unique advantage of being able to loan you the maximum amount on your items since its staff members understand the resale market so thoroughly. Perry’s is also one of the most experienced jewelry buyers in the south, boasting over 12 GIA graduate gemologists on staff, who will now be assisting jewelers and consumers with the full range of Diamond Banc’s lending solutions.
The loan process is quick and simple because the loan amount is strictly determined by the liquid value of the pledged collateral; credit score, income, other business loans or repayment guarantee are not taken into consideration. Jewelers simply pledge their inventory as collateral, and once the loan is paid in full, the jewelry is returned to the borrower. Your jewelry will be fully insured and kept in Diamond Banc’s secure vaults for the duration of the loan.
The specifics of the loan can be completely tailored to the jeweler’s preferences, including loan period and repayment schedule. All loans are made in the strictest confidence, and loan repayments are not reported to any credit bureau. There’s also the opportunity for retailers to offer their customers a discreet asset-based loan funded by Perry’s and Diamond Banc. Any referring retailers will be generously compensated.
Jewelers who wish to unlock the credit line in their jewelry cases can simply contact Ernest Perry or Mills Menser at 704-364-1391 or 855-342-2262 respectively. The entire process can be completed in as little as 24 hours via telephone correspondence and FedEx, or jewelers can visit Perry’s headquarters in person to promptly handle any of their lending needs.