Scenario · Paying a Business Tax Bill
Selling Metal to Pay a Tax Bill
There is a particular irony in selling an appreciated asset to pay a tax bill, because the sale can create a capital gains liability of its own. You solve this year's problem and buy a smaller version of the same problem next year.
No credit check and no obligation. If borrowing is the wrong answer for your situation, you will be told that first.
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
This scenario comes up every spring and it is the one where the arithmetic most often surprises people. The sale is not a neutral act. Selling metal that has appreciated substantially can be a taxable disposal, and the proceeds are therefore not what the market price suggests.
The math
The arithmetic worth doing first
Borrowing against an asset is not a disposal and does not by itself create a capital gains event. That is a genuine structural difference, not a loophole. It is also exactly the kind of thing you should confirm with your own accountant rather than take from a lender's website — including this one.
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 our65% 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 metal has appreciated meaningfully since you acquired it.
- The liability is a business tax obligation.
- You can service interest from ordinary trading.
- Your accountant agrees it is the better route.
Selling is the better answer when
- The metal has not appreciated, so the tax difference is small or nil.
- The bill is personal rather than business. We cannot lend for that.
- You would rather be out of the position anyway.
- Adding a monthly obligation on top of a tax problem makes things worse.
Break it down
What selling actually costs
The Spread
gold buy sell spread cost
Explore →
The Tax Event
capital gains tax selling gold
Explore →
Losing the Position
sell gold lose position
Explore →
Replacement Cost
buy back gold after selling cost
Explore →
Selling on Someone Else's Schedule
forced to sell gold bad timing
Explore →
What Borrowing Costs
metals loan risks cost
Explore →
FAQ
Common questions
- Is borrowing against gold a taxable event?
- A loan is generally not a disposal, so it does not by itself create a capital gain. Your circumstances decide the outcome and we are not qualified to advise on them. Ask your accountant.
- Can I use the loan to pay personal taxes?
- No. This is business-purpose lending only. A personal tax bill is outside what we can fund.
- Do you report the loan to the IRS?
- We comply with all applicable reporting obligations. Ask your accountant about how a loan appears in your own accounts.
- What if I cannot repay by the deadline?
- Talk to us early. The worst version of every one of these situations is the one where nobody called.
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.