Collateral Types
What is a collateral loan?
A collateral loan, also known as a secured loan, is a loan where the borrower pledges some kind of car as collateral for the loan. That asset may include items such as cars, jewelry, diamonds, artwork, or basically anything of value that is worth more than the loan amount. When the collateral is received, it becomes secured debt which is owed to the creditor, or the person who gives the loan. In other words, the asset is secured by the collateral.
What types of collateral loans does Biltmore Loan do?
At Biltmore Loan and Jewelry, we can provide loans using the different types of collateral such as:
If an item has value, we can loan on it. Call us to see if your item can be used for a collateral loan.
Contact Us To Set Up An Appointment Today!
Biltmore Loan and Jewelry is Scottsdale’s premier purchaser and collateral lender. Please email us at info@biltmoreloan.com or call 480-991-LOAN (5626) to get a free appraisal and quote on your valuables. Please call if you wish to set up an appointment to get a loan or sell your items today! Biltmore Loan and Jewelry will fund your loan immediately regardless of bad credit. Call to set up an appointment or come in to receive a collateral loan from Biltmore Loan and Jewelry today!