SAN DIEGO, CA, March 25, 2014 /24-7PressRelease/
-- Diamond Estate Jewelry Buyers is offering an upscale alternative to San Diego pawn shops
by providing cash loans secured with fine designer jewelry, diamond rings, luxury watches, and signed estate jewelry. DEJB's secured loans are similar to San Diego pawn shop loans in that credit checks and credit reports are never made. The difference is that the company offers its clients greater privacy, higher loan disbursements, and superior expertise in large carat diamonds, antique estate jewelry, and investment grade timepieces.
"Traditional San Diego pawn shops are a very important part of the local business community," says Carl Blackburn
, owner of Diamond Estate Jewelry Buyers. "However, they often don't have the financial resources and estate jewelry knowledge to serve high-net worth clients seeking five and six figure personal loans, bridge loans, and small business loans. At DEJB, we are able provide large collateral loans upwards to $100,000 and beyond."
Blackburn states that location is also an important factor for clients seeking large secured loans to cover a short-term cash crunch. Many San Diego pawn shops are located on busy city streets near high-trafficked shopping areas. In contrast, Diamond Estate Jewelry Buyers is located in La Jolla's modest banking and financial district, an area that is both highly secure and more discreet.
In recent years, online pawn shops have emerged, trying to capitalize on demands for greater loan confidentiality. While pawn shops are viewed today in a more positive light thanks to pawn-based TV shows, many people still view neighborhood pawn shops as loan providers of last resort. Therefore, they are uneasy about entering a San Diego pawn shop, or being seen entering one.
Despite the rise of online pawn shops, Carl Blackburn says that his loan clients prefer dealing with a local loan provider when obtaining a cash loan with precious gift assets. "If we were not here to serve our clients, they might end up going the route of an online pawn shop or taking a trip to a high-end pawn shop in Los Angeles or Beverly Hills. But that simply isn't necessary when they can visit Diamond Estate Jewelry Buyers instead."
According to Blackburn, the most common items his clients use to obtain a secured loan are large carat diamond rings from luxury makers such as Tiffany & Co. and Harry Winston, as well as high-grade timepieces from Rolex and Patek Philippe. Loan periods can be renewed for longer than 120 days, but Blackburn says that most people pay back their loans in under 4 months.
"Many of our clients are local business people and entrepreneurs," says Blackburn. "They don't actually come to us because they are suffering financially, but because banks have made it difficult for them to access the credit they need to manage operations and launch new ventures. It's very satisfying to me personally that we are in a position to help these small business people who form the heart and soul of the San Diego business community."
To learn more about DEJB's upscale alternative to San Diego pawn shops, please visit them online at DiamondEstateJewelryBuyers.com
.With buying locations throughout the United States, Diamond Estate Jewelry Buyers makes immediate and generous cash offers for your previously-owned diamond jewelry, high-brand jewelry & watches, large carat diamond engagement rings, antique jewelry, and fine sterling silverware. We love to meet new clients, learn about your unique items, share our knowledge with you, and help you make the right decision about selling your precious gift assets.