STEP 1 – Contact us by telephone and arrange an appointment.
STEP 2 – A quick assessment of the item of value is arranged
STEP 3 – Once we’ve agreed on the value the funds are yours!
Our business model is built and operates on the three core values of trust, security and efficiency. This is why our Clients value our service.
Our loans work very similar to bank loans with interest being charged on the loan. The key difference is that an item of value must be pledged as security. There are no large 'setup fees' nor do we take weeks to give you a decision!
Once a loan price has been agreed we draw up a contract. All new Clients must present a photographic ID and proof of current address. We do not share this information with anyone and no credit checks are performed. This is fully confidential
All our contracts are for a term of up to 12 months, but they can be extended up to 18 months for loans over €5,000. The contract has a minimum term of 1 month and each item used as security can be redeemed at any time within the term period. Interest is charged on the date of the loan and on the first day of each subsequent month.
Small items used for security remain with us until the contract expires, but remain your property. You may apply for an extension provided that you have paid in full the accrued interest prior to renewal for a further period as agreed on by both parties.
Here are some of the most commonly asked questions and answers
All small items such as jewellery and watches are stored in our own vault at a secure location. Vehicles are stored in a secured parking lot. We insure all goods we hold on your behalf.
All loan agreements are flexible. The loan is repayable in full by the end of the term. However, you can also repay at any time, subject to a minimum of 30 days interest and charges. Interest accrues by the day and is paid monthly.
No set-up fees! No early repayment penalties: we charge interest on a daily basis which means that you only pay for the days you take out the loan, subject to 30 days minimum.
We lend against: Jewellery, Gold and Precious Stones, Property (but not personal home), Land, Luxury Watches, Classic and Luxury Cars as well as many other items.
Please note that loans are given only to permanent Cyprus residents
Drop us a line or give us a call. We would love to hear from you and we are always happy to answer any questions.