New Zealand owned and operated collateral lender, Dollar Dealers of Auckland, has earned a solid reputation as a high-end pawn broking business, while still retaining its down-to-earth friendliness and willingness to help anyone get a loan, no matter how small or large the financial requirement.

As New Zealand continues its slow climb out of the global financial crisis, individuals, families and small businesses are finding themselves in a position where a fairly large, short term loan is necessary.

James Delmont, of Dollar Dealers, says these people, or businesses, often require a loan in the range of tens of thousands of dollars – and it is not unusual for Dollar Dealers to loan that amount.

“We have the ability to loan up to a hundred thousand dollars and beyond,” says Mr Delmont, “and the beauty of it is we can do it on the spot.”

Mr Delmont says more people are discovering Luxury Pawn broking as a way to quickly get a good amount of money without the hassle of applying for a loan with a bank or going through normal finance companies’ rigorous processes, credit checks and fine print.

“In the past,” he says, “people have been tying themselves to loans from banks.  Now they’re discovering that the boat, car, jet ski or jewellery they’ve got lying around is a source of instant cash.

“A lot of people have these items.  Boats and jet skis are quite seasonal so people can get themselves into a strong financial position in the winter months, while having the use of their goods in the summer.

“Rolex & Patek Philippe are among the many watch brands we provide luxury loans against,” says Mr Delmont.  “Large gemstones from diamonds, rubies, sapphires and emeralds are commonly used as collateral for luxury lending within our stores.”

Mr Delmont says Dollar Dealers has positioned itself as an industry leader when it comes to catering to these types of high-end loans.  Security and holding facilities are tight, safe and secure with 24/7 surveillance.

“We even guarantee the safety of your goods,” says Mr Delmont.

Dollar Dealers has experts in-store to verify the value of items.

“We have a GIA [Gemological Institute of America] certified gemologist within the company’s jewellery department, who can appraise any and all high end jewellery and watches.

“We also understand some people might want privacy.  We respect that and have no issue going offsite to appraise, in order to keep their privacy intact.

“We genuinely care about our customers,” says Mr Delmont.  “No loan is too big or too small.

“We’re the people’s bank.”