If you have fine watches, jewellery or designer handbags you no longer want to keep, bring them to us for a free evaluation and a prompt, on the spot, payment! For every item we evaluate we offer both an option to sell the item to us outright, or take out a collateral loan. While a loan option allows you to pick up your item when the loan has been paid, selling outright will generally result in a slightly higher payout.
Richmond Luxury & Loan has been in business for over 10 years and holds a full license to provide collateral loans on personal goods. Over the years we have refined our store’s security and process to ensure your items are always kept safely and confidentially while in our possession. In addition, every item left with us is fully insured.
Collateral loans are valid for up to three months (unless otherwise specified), at which time, if all interest and storage payments are current, you may redeem the loan or renew the loan for another 3 months. If a loan is not redeemed, renewed or has been defaulted on, it will become property of Richmond Luxury & Loan. We care about our customers and their valuables – if you are not able to make a timely payment on your loan please call us ahead of time to discuss options which may be available to you.