Using a Birkin Bag as Collateral for a Short-Term Loan
The Birkin bag has become one of the most iconic and sought-after luxury handbags in the world since its introduction in the 1980s. A signature product of Paris-based Hermès, it is named after British actress Jane Birkin. The Birkin was born on a flight from Paris to London when the actress and young mother just […]
Collateral Loans Bridge the Gap When Other Financing of Real Estate Purchases Falls Short
It happens more than you think – the closing date on a real estate purchase is fast approaching and some complication arises that leaves buyers a few to several thousand dollars short of the funds required to close. It could be due to an appraisal not coming in at value, anticipated down payment funds not […]
How Women are Borrowing Money Using Their Designer Handbags and Accessories as Collateral
It is being widely reported that women are being especially hard-hit by the current economic crisis. Whether due to a reduction of income or an increase in expenses, the need for supplemental cash is rising, and may not be met fully or fast enough by state or federal government assistance such as the CARES Act. […]
Collateral Loans Provide Investors With Fast Access to Capital to Cover Margin Calls and Capitalize on Outstanding Buying Opportunities
The old saying, “in any crisis, guard against the danger but recognize the opportunity” applies to the current investing situation. Uncertainty about the timing and extent of an economic recovery brought by COVID-19 has driven double-digit reductions in the price of many securities, in addition to significant market volatility. This has created both danger and […]
