Sparkling Diamonds for Pawn Shop at Beverly Hills
Beverly Loan Company originated in the United States of America, established in 1938 as pawn shop at Beverly Hills indulged into the services of a collateral lender, lends loan against diamonds and precious colored stones including rubies, emeralds, sapphires, alexandrite, etc. all the precious stones are carefully examined and its indispensable value is determined by GIA (Gemological Institute of America) wherein trained gemologists have all of the requisite skills, proficiency and apparatus to precisely providing with a fair price.
The procedure of obtaining a pawn loan from Beverly Loan Company is easy and simple. An official meeting with the loan officer helps you to determine the value of your collateral asset on which loan is sanctioned. Once the pawn loan amount has been agreed upon, a pledge agreement will be executed between both the parties as per the terms and conditions of the California state law. After the signature of borrower on pledge agreement, he will be entitled for the full amount of pawn loan without any upfront fees or costs. All jewels held as collateral are hoarded either in one of the premises' safes or in Beverly Loan Company's very own closet located inside the Bank of America's vault.
All diamonds acting as collateral must be free and clear from any encumbrance given by the person applying for the loan. The borrower is instructed to produce an affidavit certifying that they possess clear marketable title of all jewels. No diamond as collateral is accepted if the borrower's possession is by virtue of loan or memo from another firm or the purchase of which is still being sponsored or funded by a retail store.
At the annulment of pledge agreement, borrowers are informed via email vide a notice at their address reminding them to pay off pawn loan and redeem collateral or pay the interest and costs owed and renew your pawn loan for another four months. The borrower must send a detailed response to the notice; if you do not counter within the stipulated period time mentioned in the notice, collateral can be foreclosed upon at discretion.
Diamonds are generally used to enhance your beauty or as a tool for investment. But Selling diamonds for cash is yet another tool to make good use of them.