GET A LOAN
GET A LOAN QUOTE FOR YOUR WATCH!
WHY BORROW AGAINST YOUR WATCH?
HOW IT WORKS
Tell us about your watch with our simple form. The more information and photos you share with us the more accurate the valuation will be.
If you like the quote, you’ll receive a pre-paid, fully insured shipping label. In-person collection can also be arranged.
Once we receive your watch our qualified watch experts will inspect its condition and authenticity. and send you a Final Offer and your contract.
Once finalized, you will quickly receive payment via wire or electronic ACH transfer. As part of your contract, you agree to pay a monthly service fee to keep your contract in force. Payments are drawn automatically from your bank account every 30 days. We have service-fee only options and also amortizing options where you can reduce principal with each payment.
Once you repay the amount in your contract – plus any outstanding service fees – we ship your asset back to you fully insured, via FedEx.
ABOUT WATCHBOX LOANS
Loans are provided through a partnership with Luxury Asset Capital, a private, family-office-owned lender to high-net-worth individuals families and entrepreneurs in need of capital for their business or personal use. Luxury Asset Capital provides short-term capital up to $5,000,000, or more, in typically 24-36 hours using a borrower’s luxury assets as collateral. They believe in leveraging past purchases – assets owned free and clear – rather than putting your home, investments, earnings or retirement plans at risk. To learn more please visit www.luxuryassetcapital.com
Average price we pay for a Rolex Stainless Steel Sport Model*
Average price we pay for a Panerai Automatic Marina*
Average price we pay for a Breitling Navitimer*
Clients initiate the loan process through a simple inquiry on WatchBox’s website, similar to the process of selling one’s watch. After receiving a free loan quote, the client receives free insured shipping to Luxury Asset Capital’s secure facility. Upon inspection of the watch, Luxury Asset Capital offers financing in amounts up to $5 million USD. Funds can be wired immediately upon agreement of loan terms, and owners can redeem their collateral – watches or other luxury goods – at any time by paying off the loan principal plus service fees incurred.
Luxury Asset Capital's objective is to help unlock the equity in a wide range of assets that are high in value but low in liquidity. They believe in leveraging past purchases – assets owned free and clear – rather than putting your home, investments, earnings or retirement plans at risk.