Making A Loan On Jewelry

Have you ever considered making a loan on jewelry? Do you know how a jewelry loan works? What is the difference between making a  jewelry loan and selling your jewelry outright?  Does a jewelry loan make sense for you?

When borrowing against your jewelry for the first time, you may have a number of questions. At SFPLA we try to make the jewelry loan process as simple as possible.

When you come to us to make a loan on jewelry we will first evaluate your jewelry to confirm the fair market value of your assets. Based on that value we will establish what we can loan against your jewelry.  If you are not emotionally connected to your jewelry, you may consider selling your pieces outright, as the purchase value is often somewhat higher than the loan value. But if you have an emotional connection to your jewelry and want to keep the assets, then a jewelry loan may make more sense. Every jewelry loan is written for four months with a predetermined percentage of interest as regulated by the state of California. Once the jewelry loan is agreed upon you jewelry loan ticket is issued which clearly shows the breakdown of principal, interest and jewelry loan due date.  During the time your jewelry loan is active, your items will remain locked in our bank level security vault. At the conclusion of your jewelry loan term you will have the option to pay off the principal and interest and redeem your assets, or you can renew your jewelry loan.

The jewelry loan process is fast, flexible and completely confidential. San Francisco Provident has been making loans on jewelry since 1912 and has been Northern California’s leader in jewelry loans for over 100 years. If you are looking for a quick way to access cash and have diamonds, colored stones or other jewelry pieces available to use as collateral, taking a loan on jewelry might be a great solution for your needs. Should you have questions about making a jewelry loan, selling your jewelry or any of our other services, please don’t hesitate to contact us at 415.982.4400.

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