You can get a quick, discreet loan against a luxury watch in Sandton and elsewhere in South Africa.
Funds are available within 24 hours, and financial disclosures and credit checks aren’t required.
Here’s how you can get a loan against a luxury watch in Sandton with LoanAgainst.
What is the most you can borrow against a luxury watch?
A luxury watch is a high value asset that can be used to secure short-term funding.
The condition, rarity and provenance of a luxury watch determines its worth. We base the loan amount on a percentage of the appraised resale value of the asset.
A limited edition model, rare vintage timepiece or a watch with a proven provenance unlocks a higher loan amount than an “ordinary” piece.
If you can provide the original box, a receipt or invoice, and other documents to prove authenticity, you’re guaranteed to get the best possible deal through LoanAgainst.
Where can you get a loan against a luxury watch in Sandton?
To enable the quick and easy release of funding, LoanAgainst has an online and call centre-based loan application system.
To get started, simply complete our online form or call us on 079 726 4690.
The final appraisal, admin services and handover of the luxury watch as collateral for the loan are carried out at our Sandton office.
Loan against a luxury watch: how it works
The initial step to securing a loan against a luxury watch is to contact us and tell us as much about the watch as possible.
Based on that information, we’ll provide an initial, no-obligation quote of how much we’re prepared to lend you.
If the available funding is satisfactory, the watch is brought to our Sandton branch, together with any relevant packaging and paperwork.
The timepiece is appraised by an expert. A firm and final offer is made, which you can accept or reject.
If you accept the offer, the watch is handed over and safely stored. All assets in our care are fully insured.
A contract is drawn up, outlining the terms, fees and interest charged on the loan. Once the contract is signed by both parties, the funds are electronically transferred into your bank account.
Who can borrow funds against a luxury watch?
If you’re the owner of a good condition luxury watch, you’re virtually pre-approved for a short-term loan through LoanAgainst.
As the capital is secured by a saleable asset, your employment situation, credit record and debt review status aren’t relevant.
Why use LoanAgainst to get a loan against a luxury watch in Sandton?
LoanAgainst makes it quick and easy to get a loan against a luxury watch in Sandton. Loan applications are processed on the same day, funds are available within 24 hours, and transactions are strictly confidential.
Our terms are flexible, interest rates are NCR-compliant and we don’t charge early settlement fees.
As well as our Sandton branch, we have a physical office in Cape Town, Durban and Port Elizabeth.
If you’re looking for a market-related loan against a luxury asset, contact us on 27 10 745 7061 or simply submit our online application form.
