You need cash fast, and you’re thinking about selling your Rolex to get the money you need. But what if you don’t want to part ways with your watch? Luckily at Watch & Wares in Tustin, we have a collateral loan program for your Rolex, so you don’t need to say goodbye to your watch forever. Getting a collateral loan will allow you to get fast cash to use in any way you need. Whether you’re hoping to start a small business or investing in a new laptop, Watch & Wares offers same-day cash for collateral loans on used Rolex watches at our location in Tustin. Here’s what the process of a Rolex loan looks like!
The Process of a Collateral Loan With a Rolex Watch
Collateral loans are simple, straightforward, and can be used for a variety of items. When it comes to getting a loan with your Rolex, it’s even easier! Just bring in your Rolex to our location in Tustin to get connected with one of our representatives. We’ll evaluate your watch based on the Rolex’s value in the secondary market and the desirability of the watch. The process is very quick, and we can give you a loan-value within minutes.
What Could I Use a Collateral Loan For?
Many small businesses throughout Orange County use collateral loans for start-up costs, payroll, inventory investment, and other business needs. Small business owners have found that taking out a collateral loan is helpful when money is a little tight for the company. When taking out a hassle-free collateral loan with a valuable item, such as a Rolex watch, business owners can have extra cash on hand to ensure solvency, while still owning their Rolex.
Collateral loans could also be used for personal uses. Many people will take a Rolex loan to invest in an engagement ring, home improvement projects, or for tuition. If the Rolex or other item has significant sentimental value, collateral loans are the way to go, as the item will be returned once the loan has been paid off.
About Collateral Loans at Watch & Wares Tustin
Our collateral loans are issued with a 4-month loan term plus a ten-day grace period. We also offer the option of renewing your loan by paying the interest amount. The interest rate is based on the amount of the Rolex loan and will be state-regulated. There is no penalty should you decide not to pay the remaining amount of your loan, as the Rolex will act as payment.
Watch & Wares is licensed and bonded. Our reputation precedes us, and our friendly staff is here to ensure you are completely satisfied with your experience.
Have questions about taking out a collateral loan on your Rolex? Visit our Tustin location near the intersection of Costa Mesa Fwy and East 17th street or give us a call at (714) 731-9600.