Collateral Loans in Boca Raton
Borrow against jewelry, diamonds or a luxury watch without selling it. Visit our Boca Raton showroom for a private evaluation with no credit check.
Book a Loan Consultation
Borrow against the valuables you own
A collateral loan lets you use an item’s value to access funds while keeping the option to reclaim it after repayment. Our gemologists, jewelers and watch specialists evaluate your piece in person and explain the offer before you decide.
A private evaluation and clear loan terms
Bring your jewelry, diamonds, watch or other valuable item to Diamonds By Raymond Lee. We assess its authenticity, condition and current market value, then review the loan amount, interest, fees and repayment date with you.
Your item stays in our insured vault during the loan. After you repay the agreed balance, it is returned to you. We also explain renewal options before you sign.
Learn more about jewelry loans, Rolex loans and gold and precious metal loans.
Book a Loan Consultation Contact UsWhat to expect from your loan
01
Funds in under an hour
Most loans are completed in under an hour after authentication and agreement on the terms. Payment is available by wire transfer or cashier’s check.
02
An informed valuation
Our specialists assess your item using their product knowledge and current market information.
03
Secure, insured storage
Your collateral is held in our vault with cameras operating around the clock and insurance covering its full appraised value.
04
Care for your item
Complimentary cleaning and appropriate servicing are available on request. Ask our team about the care included for your piece.
How to get a collateral loan
Book a consultation
Schedule a private appointment at our Boca Raton showroom. Walk ins are also welcome.
Have your item evaluated
We assess authenticity, condition and current market value, then explain your loan offer with no obligation to accept.
Review the terms and receive funds
Review the loan amount, interest, fees, repayment date and renewal options before signing. Once agreed, we arrange payment and secure storage.
How we evaluate your collateral
Each item is evaluated in person before we make an offer.
Metal purity and weight
Gold and platinum content help establish the underlying metal value.
Diamonds and gemstones
We examine stone size, cut, color, clarity and supporting reports when available.
Watch model and condition
Reference, authenticity, movement condition and current demand matter when evaluating a watch.
Condition of the piece
Wear, damage, prior repairs and original components are considered as part of the offer.
Your repayment options
We explain the written loan terms, renewal process and what is required to collect your item.
Collateral loan questions
How quickly can I get funds?
Most loans close in under an hour, from authentication to payout. Wire transfers arrive the same business day, and cashier’s checks are provided immediately.
What can I use as collateral?
We lend against diamonds, colored gemstones, precious metal jewelry and luxury watches, including Rolex, Patek Philippe and Audemars Piguet. Bullion, designer handbags and art may also be considered after evaluation.
Will you check my credit?
No. Our collateral loans are based on your item’s value. We do not check or report to credit bureaus, and we do not require employment verification.
How is my collateral stored?
Each item is sealed, barcoded and stored in our vault with security cameras operating around the clock. Insurance covers the full appraised value while your collateral is in our possession.
Can I renew my loan?
Yes. Pay the monthly interest and storage fees on or before the due date and we can renew the term without a new application. Your written agreement explains the amounts and due dates.
What happens if I do not repay?
After the grace period, the collateral is sold to satisfy the outstanding balance. Proceeds beyond principal and interest are returned to you. We explain the repayment date and default terms before you sign.
Is servicing available during the loan?
Yes. Complimentary ultrasonic cleaning and routine watch winding are available on request. Our team will discuss the appropriate care for your item.
Can I borrow against a damaged item?
Yes. We can evaluate damaged pieces and discuss whether repairs, such as laser welding or stone tightening, would affect the loan offer. Any proposed work is explained before you decide.