Loan against your rare wines & spirits in beverly hills
The Process. Upon entering the newly remodeled suite in the Bank of America building, you will be directed to a private office to meet with one of our Client Engagement team members.
The amount you will be able to borrow is based upon their determination of the value of your collateral. Our staff gemologists are trained at the Gemological Institute of America and will provide fair and competitive valuations based on the secondary market value of each asset. Once the loan amount has been agreed upon, a pledge agreement will be prepared for you to approve and sign. The terms of the pledge agreement are regulated by both state and federal laws.
What to expect. After you have signed the pledge agreement, the Client Engagement team member will provide you with the full amount of the loan in cash. There are no upfront fees or costs charged.
All wine held as collateral is stored in a vault within a vault under 24-hour surveillance in Bank of America. You are entitled to the full four months of the contract and may renew after the term matures.
Established in 1938, Beverly Loan provides loans using luxury assets as collateral to clients in the greater Los Angeles area from its offices in the Bank of America Building, located on the corner of Santa Monica Boulevard and Beverly Drive in Beverly Hills, where clients can bring in luxury assets for immediate expert valuation and loan funding.
We are a powerful alternative to hasty asset sales and traditional channels of financing that are often either too slow, invasive, burdensome, or in some cases, unavailable, unlocking the equity in a wide range of luxury assets that are high in value but low in liquidity. Beverly Loan is part of Luxury Asset Capital, the nation’s largest privately-held provider of non-bank loans that use borrowers’ luxury assets as collateral.
Call us or come visit us today! Or call at (310) 275-2555
