Scenario · After a Bank Said No
Selling Because the Bank Declined You
A bank declined, or wanted three years of statements you do not have, or took six weeks to say no. So the plan becomes selling the one asset you can convert without anybody's permission.
No credit check and no obligation. If borrowing is the wrong answer for your situation, you will be told that first.
The whole argument, in one line
Selling is permanent and can be taxable.
A loan is neither.
65%
Advance against value
$15k
Minimum loan
Same
Bars returned
Live market
Business-purpose loans only. Not available in Nevada, Vermont, North Dakota and South Dakota.
65%
Advance against market value
$15k
Minimum loan — about $23,000 in metal
Days
From verified collateral to funded
Same
Metal returned on repayment. Not equivalent — the same bars
The moment
How the decision usually gets made
A bank decline is a statement about documentation, trading history and risk appetite. It is not a statement about whether you own $80,000 of gold. Those are genuinely different questions, and a secured lender only has to answer the second one.
The math
The arithmetic worth doing first
Because the loan is secured by metal we hold and can value precisely, there is no credit check and no requirement to prove years of trading. That is why this funds in days rather than weeks. It is also why the amount is capped by what you own rather than by what you earn.
Instant estimate
What could you borrow?
Enter the ounces you hold. We advance up to 65% of market value.
| Metal | Spot / oz | Your oz | Value |
|---|---|---|---|
| Gold | $4,600.00 | $0.00 | |
| Silver | $69.00 | $0.00 | |
| Platinum | $1,840.00 | $0.00 | |
| Palladium | $1,329.00 | $0.00 |
Estimate only. Final advance rate and terms are confirmed after your collateral is inspected and verified. Spot prices are indicative and move continuously. Minimum loan is $15,000 (about $23,077 in collateral value at our 65% rate).
These are business-purpose loans and are not offered for personal, family or household use. Not available in Nevada, Vermont, North Dakota and South Dakota. If metal prices fall materially we may contact you about adding collateral or paying down the balance to keep the loan-to-value in range.
Honestly
Which way to go
Both columns are real. If more of the right-hand list applies to you, sell — and we would rather you did.
Borrowing probably fits when
- The decline was about documentation or trading history, not solvency.
- You hold metal above the collateral minimum.
- The need is business-purpose and time-sensitive.
- You can service interest-only payments.
Selling is the better answer when
- The bank was right and the business cannot support more debt.
- You need more than 65% of your holding's value.
- The use is personal rather than business. We cannot lend for that at all.
- You have no realistic repayment source.
Break it down
What selling actually costs
The Spread
Charged once when you sell and again if you buy back in. Changing your mind has its own price.
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The Tax Event
A sale can be a taxable disposal. A loan generally is not. The difference is structural, not clever.
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Losing the Position
The reasoning that made you buy metal does not usually change because an unrelated invoice landed this month.
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Replacement Cost
People price the buy-back at the price they sold for. It is almost never still that price.
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Selling on Someone Else's Schedule
When a supplier or a tax deadline picks the date, the price is whatever the market happened to be doing.
Explore →
What Borrowing Costs
The case against borrowing: a monthly obligation, a margin call mechanism, and an asset you could simply have sold.
Explore →
FAQ
Common questions
- Will you check my credit?
- No. The loan is secured by the metal. Your credit file is not part of the decision.
- Do you need financial statements?
- Not in the way a bank does. We inspect and verify collateral. We do confirm the purpose is a business one, because that is a legal requirement of the product.
- Why did a bank say no if I have the assets?
- Banks lend against cash flow and documented history. Bullion in a safe is not something a commercial lender is set up to take security over. That gap is the reason this product exists.
- How much can I borrow?
- Up to 65% of market value, minimum $15,000 — roughly $23,000 of metal. The ceiling is your holding, not your revenue.
Other scenarios
Covering a Slow Quarter
A permanent decision about the metal, made in about ten minutes because one quarter came in short.
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Liquidating Dealer Inventory
Selling stock into a soft bid because the calendar said so, not because the bid was ever fair.
Explore →
Selling at a Market Low
Borrowing to avoid a sale at a low is a financing decision if you can service it, and a bet if you cannot.
Explore →
Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
Business purpose only. Not available in Nevada, Vermont, North Dakota and South Dakota.