With the price of gold skyrocketing nearly 300% during the past 4 years, many investors are reluctant to part with their personal holdings when in need of short-term cash. Today, Boomerang Lending announced that it is offering up to $200,000 or more by “collateralizing” large gold collections – including gold bullion, gold coins and Kugerands – for small business and personal loans.
Boomerang Lending, known as a highly secure and trusted lending institution, offers affluent Americans a high-end “pawn loan” for accessing short-term cash on personal valuables. With rates as low as 4% per month, owners of significant amounts of gold have a new way to access emergency cash.
“We’re finding there are times when people need a financial bridge to future cashflow such as small business receivables, or pending personal commission checks,” said Boomerang Lending’s CEO and founder, Todd Hills. “With our Boomerang Loans, investors of gold can retain their personal holdings while accessing the cash value. And not only with gold, but with any personal valuable or luxury item worth $2,000 and more.”
Boomerang Lending makes quick and secure collateral loans against gold, rare coin collections, fine jewelry, watches, fine art or almost any luxury item in as little as 24 hours. Applications are taken online so customers can literally loan themselves money from the safety and convenience of their own homes. Items ship free of charge to Boomerang Lending via FedEx or Brinks insured up to $50,000 per shipment by Lloyd’s of London. Expert evaluators assess the market value of the asset and make a loan offer to the customer, typically 50% of the market value. If accepted, the customer has 6 months before being required to make a payment. Boomerang returns the item to the customer free of charge, again fully insured by Lloyd’s.
About Boomerang Lending
A member of the Better Business Bureau, Boomerang Lending offers mid-term, collateral-backed loans up to $200,000 quickly, securely and descreetly. Boomerang Lending executives have 25 years experience in the collateral lending industry. Based on its experience and proprietary valuation technology, the company guarantees premium value loans for customers’ assets. Boomerang Lending provides personalized attention to its customers and maintains transparency throughout the entire loan process. For more information, visit http://www.boomeranglending.com.