For many individuals, a luxury watch is more than a timepiece — it’s an asset. Whether it’s a Rolex, Audemars Piguet, or Patek Philippe, these watches carry significant value and can be used to unlock short-term liquidity through a collateral loan. In Beverly Hills, where financial flexibility and discretion are paramount, Beverly Loan offers a seamless process for securing a loan against your luxury watch — all while retaining ownership of your asset.
Which Watches Qualify?
Not every watch is eligible for a high-value collateral loan, but many of the world’s top brands are. Generally accepted brands include:
- Rolex
- Patek Philippe
- Audemars Piguet
- Richard Mille
- Cartier
- Omega
- Panerai
If your watch has a verifiable secondary market value and is in good condition, it’s likely to be accepted for appraisal.
The Appraisal Process
When you bring your watch in, it will undergo a detailed evaluation by experts familiar with the luxury timepiece market. The appraisal will take into account:
- Brand and model
- Original paperwork and box
- Condition and service history
- Current market demand
- Materials (e.g., gold, platinum, diamonds)
Appraisals at Beverly Loan are conducted in private rooms to ensure complete discretion and comfort.
How Much Can You Borrow?
The loan amount is typically based on a percentage of the watch’s secondary market value, known as loan-to-value (LTV). For luxury watches, this usually falls between 40% to 70%, depending on brand strength, condition, and liquidity.
For example:
- A Rolex Submariner appraised at $15,000 might qualify for a loan of $7,500 to $10,000.
What Happens During the Loan Term?
Once the appraisal is complete and the terms are agreed upon, funds are issued — often the same day. The watch is then securely stored for the duration of the loan.
- Loan terms typically range from four to six months, with options for renewal.
- You retain ownership of the watch at all times.
- There is no impact to your credit, as these loans are asset-based.
- Upon repayment (plus any agreed interest), the watch is returned to you.
Why Choose Beverly Loan?
Beverly Loan has decades of experience serving clients in Beverly Hills who require discretion, speed, and professionalism. Our private offices and white-glove approach ensure:
- Confidentiality at every step
- Competitive loan terms
- In-house expertise in luxury timepieces
- Immediate liquidity without permanent loss
Final Thoughts
If you’re in need of capital but want to retain ownership of your luxury assets, a watch-backed loan offers a compelling solution. At Beverly Loan, your timepiece is treated with the same respect you’ve shown it — as a symbol of value, identity, and long-term worth.
Have a watch you’d like evaluated?
Contact Beverly Loan today to schedule a private appointment or walk in for a same-day consultation.