Precious Metals represent some of the best forms of collateral available anywhere and many lenders are happy to take them as collateral for loans. We are pleased to announce that we are now able to offer a unique service for our storage clients whereby they can use their Precious Metal holdings to borrow against at up to 80% of their then current market value. This arrangement is only applicable to loans exceeding $100,000 in value.
The loans are priced at extremely competitive rates, they are very flexible in repayment terms and schedules, and are typically set at a fixed rate for one year with renewal options. Borrowing against Precious Metals holdings is an excellent source of liquidity and may be a way to preserve a position while deferring capital gains. These arrangements come with a degree of risk like any lending agreement, particularly if the value of the collateral falls or if interest rates rise materially.
This lending agreement is not suitable for everyone and we encourage our clients to understand all of the inherent risks before utilizing the service. This is by no means a requirement of a storage client but is a good option to have available to those who may want to use it. If you are interested in learning more about the program or have any questions please feel free to contact us by email, firstname.lastname@example.org, or by phone at 508-276-1568 and we will be happy to discuss the lending program with you.