Beverly Loan Company provides loans using luxury assets as collateral to clients in the greater Los Angeles region.
Beverly Loan Company is located just one block off Rodeo Drive in the Bank of America building at the corner of Little Santa Monica Boulevard and Beverly Drive.
Our address is: 9440 South Santa Monica Blvd., Suite 101 Beverly Hills, CA 90210
If you are in need of our services on the East Coast, our sister store, New York Loan Company, is located in the International Gem Tower in Manhattan’s Diamond District.
Beverly Loan Company prides itself on being the premier high-end luxury collateral lender on the West Coast. We have the expertise to purchase and loan against luxury collateral. With over 75 years of experience, we have earned an impeccable reputation. We are able to provide higher loan amounts due to the expertise of our GIA trained team members and our longstanding relationships with buyers on both Coasts. No matter what the size of the transaction, every loan is conducted with unparalleled professionalism in the comfort of a private office. Furthermore, we make every effort to protect our clients’ privacy and confidentiality; customer service and discretion have always been the cornerstone of our business. No matter what the size of the transaction, every loan is conducted with unparalleled professionalism in the comfort of a private office. Furthermore, we make every effort to protect our clients’ privacy and confidentiality; customer service and discretion have always been the cornerstone of our business.
Beverly Loan Company offers four-month loans. All loans are non-recourse and all interest rates and loan terms are governed by federal, state and local law. We pride ourselves on in being completely transparent and have absolutely no hidden fees. Contracts have a clear breakdown of all costs associated with the loan. Unlike some of our competitors, Beverly Loan Company does not take any fees at the front end of your loan, meaning the entire amount all interest and fees are paid only when you redeem your item or rewrite the loan. Our team members are pleased to answer any questions regarding the loan process.
While we primarily make loans against gold, platinum and diamond jewelry, and fine watches, we also have significant expertise in other high-end assets, including contemporary and modern art, designer handbags, one-of-a-kind entertainment & sports memorabilia, sterling silver flatware, extremely fine wines and rare coins. Unfortunately, we do not accept any household items, including electronics, tools or musical instruments. To see a complete list of collateral that we accept, please see the “assets” tab at the top of this page.
We ask that the client compile an email with photographs of the potential collateral and any details, specifically the provenance. Upon receipt of the email, we will conduct our due diligence. This process can take 24 hours (or more) as we must often consult with other experts and pull comparable auction records in order to determine the most competitive valuation possible. Please be aware that we cannot make a firm offer until we see the collateral in person. To see what kind of collateral we accept and learn more about the process and paperwork necessary for each collateral type, please see the “assets” tab at the top of this page.
Beverly Loan Company has an armed guard on site and other significant security measures including a state-of-the-art alarm system and video surveillance. All collateral is afforded the highest level of protection either on premises or in Bank of America’s secure vault on the ground floor of our building. Please note that our business has been in continuous operation since 1938 and we have never lost, broken, or misplaced any collateral. We handle all collateral with the utmost respect and care and package it safely and securely while in your presence.
We have an open-door policy, but calling in advance is always suggested. There is valet parking available at our building and complimentary parking next door at Crate & Barrel.
A collateral loan is a collateralized loan where the value of your collateral is all that matters, not your credit score or financial circumstances. Our four-month loans are not only non-recourse but also completely confidential; we only report to the authorities as required by law. Should you require additional time, arrangements can be made to extend your loan term. Your collateral is redeemed and returned to you, which is always our goal, once the principal and accrued interest is paid. Learn more about our loan process under our loan tab.
Pursuant to California State law, you must be at least 18 years old and have a government-issued ID (driver’s license, passport, etc.) to receive a collateral loan. In many cases, we may request provenance, receipts, or certificates of authenticity to make a loan. Please refer to the specific pages under the “assets” tab at the top of this page, or contact us for more information.
While, the majority of our clients prefer cash, we can also pay via business check, cashier’s check, money order or wire transfer. We accept interest payments in the form of cash, cashier’s check, money order, wire or debit.
We make the loan process as quick and simple as possible. Transactions typically take no more than 30 minutes; however, the more collateral that we value, the longer the process will take. The majority of the time is spent writing detailed descriptions of the collateral and attempting to provide the most competitive valuation for your collateral.
We are not the type of collateral lender or buyer who simply loans or purchases based on gold weight. With over 75 years in business, we are keenly familiar with market fluctuations and the premium that signed goods carry (e.g. Graff, Harry Winston, Cartier, Tiffany & Co, Rolex, IWC, Patek Philippe, Audemars Piguet). Beverly Loan Company employs GIA graduate gemologists to authenticate and value diamonds and gemstones. We are able to pay a premium for many assets based on our longstanding relationships with dealers in the trade on both Coasts. Each asset is authenticated on a case-by-case basis since no two items are exactly alike.
In most cases, we cannot provide a quote over the phone. In order to provide the highest loan amount possible, we must personally authenticate, inspect, and value the specific attributes of your collateral prior to making an offer.
If you have no desire to receive a loan against your collateral, we are happy to take a look at it to see if it is something we would be interested in purchasing.
We have a jewelry showroom where we offer dealer prices to the public at large, making Beverly Loan Company a great place to shop. No matter the occasion, visit our office, it won’t disappoint.
9440 SOUTH SANTA MONICA BLVD, SUITE 101
BEVERLY HILLS, CA 90210
Monday to Friday
9AM – 6PM
Saturday & Sunday
By Appointments only