A gold collateral loan lets you borrow against the gold you own—jewelry, bullion, or coins—without selling it. Palm Beach Loan Company provides this service with complete discretion, no credit check, and same-day funding for qualified clients throughout the Palm Beach area.
Key Takeaways
- Palm Beach Loan provides same-day loans against fine jewelry and diamonds — no credit check, no income verification required.
- Jewelry loan values are assessed by certified gemologists who evaluate cut, clarity, carat weight, metal purity, and designer provenance.
- Signed pieces from Cartier, Van Cleef & Arpels, Tiffany, and Bulgari qualify for premium loan values above commodity metal rates.
- All jewelry is stored in a secured, insured vault during the loan term and returned in identical condition upon repayment.
What a Gold Collateral Loan Is
A gold collateral loan is an asset-backed loan secured by physical gold. You bring your gold to Palm Beach Loan Company (or ship it securely), receive a loan offer based on expert valuation, and retain ownership of the gold while the loan is active. Once repaid, your gold is returned.
Atomic answer: A gold collateral loan lets you access cash using gold as security, without selling it. Your gold is held safely and returned when the loan is repaid.
What Types of Gold Are Accepted
Palm Beach Loan Company accepts a broad range of gold assets as collateral:
- Gold jewelry — necklaces, bracelets, rings, earrings, and estate pieces
- Gold bullion — coins and bars from recognized mints (e.g., American Gold Eagle, Krugerrand, Canadian Maple Leaf)
- Gold coins — numismatic and bullion coins
- Gold platinum pieces — combination metal jewelry is evaluated for total precious metal content
Gold is accepted in any karat (10K, 14K, 18K, 22K, 24K). Higher karat gold typically commands a stronger loan offer.
How Gold Loan Valuation Works
Specialists evaluate gold loans based on several factors:
- Weight and purity. Gold is weighed and tested for karat. This is the baseline for bullion value.
- Market spot price. The current gold spot price directly influences loan offers on bullion and high-purity jewelry.
- Maker and design. Signed or estate jewelry from known designers may carry a premium above melt value.
- Condition. For jewelry, overall condition and wearability are considered.
The Gold Loan Process
- Contact Palm Beach Loan. Call, apply online, or schedule an appointment.
- Deliver your gold. Bring it in person or use insured shipping provided by Palm Beach Loan.
- Receive a loan offer. Specialists evaluate and present an offer within the appointment.
- Sign the pledge agreement. Review terms and execute documents.
- Receive funds by wire. Same-day or next-business-day wiring upon agreement execution.
Privacy and Credit
Gold loans at Palm Beach Loan Company do not require a credit check. The loan is secured entirely by the value of your gold, so your credit profile is not a factor and the loan is not reported to credit bureaus.
Gold Loan vs. Selling Gold
Selling gold is permanent—once sold, you no longer own the asset. A collateral loan lets you access cash while retaining ownership. If gold prices rise during the loan term, you still own the asset. If you can repay the loan, you recover your gold in full.
For clients who want capital now but are not ready to permanently sell, a gold collateral loan is the logical alternative.
To get started, book a private appointment or explore our full gold & precious metals loans page. We also accept gold coins as collateral.
Frequently Asked Questions
Can you use gold as collateral for a loan?
Yes. Gold jewelry, bullion, and coins are all accepted as collateral at Palm Beach Loan Company. The loan amount is based on the gold’s assessed market value.
How much can I borrow against my gold?
The loan amount depends on the weight, purity, and current spot price of your gold. Signed jewelry may carry additional value above melt. A specialist will provide an offer after evaluation.
What types of gold are accepted?
Gold jewelry in any karat, bullion bars, and recognized gold coins are all accepted. Gold platinum combinations are also evaluated.
How fast can I get funded?
Same-day funding by wire is available for qualified loans once the pledge agreement is signed.
Where is Palm Beach Loan Company located?
555 N Congress Ave, Suite 301, Boynton Beach, FL 33426. Office hours: Monday–Thursday 9 AM–5 PM, Friday 9 AM–3 PM, Saturday–Sunday by appointment.
Is the process confidential?
Yes. Palm Beach Loan Company does not conduct credit checks and does not report to credit bureaus. All appointments are conducted privately.
Frequently Asked Questions
Frequently Asked Questions
How does this work?
Pledge your valuable asset as collateral to borrow capital. You keep ownership and repay to recover your item.
Is the process confidential?
Absolutely. We maintain strict client privacy and discretion with all valuations and loans.
What are typical loan terms?
Terms are customized based on asset type, value, and your financial needs.
Any early repayment penalties?
No. Early repayment is always welcome without any prepayment penalties.
How are items stored?
All valuables are stored in secure vaults with full insurance coverage and 24/7 security.
Frequently Asked Questions
How does asset-based lending work?
You pledge your valuable asset as collateral to borrow capital. You keep ownership and repay to recover your item.
Is the process confidential?
Yes. We maintain strict client privacy and discretion with all transactions.
What are typical loan terms?
Terms are customized based on asset type, value, and your financial needs.
Any early repayment penalties?
No. Early repayment is always welcome without any prepayment penalties.
How are items stored and insured?
All valuables are stored in secure vaults with full insurance and 24/7 security.