Submit Information on the Diamonds: Begin by providing detailed information about the diamonds you wish to monetize, such as weight, clarity, color, and cut. Our team will conduct an initial no-cost evaluation to assess whether your diamonds qualify for monetization.
Preliminary Evaluation: Our experts will evaluate the diamonds to determine their market value based on quality and current market conditions. This helps us establish the loan amount you can secure.
Issuance of Pricing Terms: Once the diamonds are accepted for monetization, we will issue a formal offer outlining the loan amount, interest rates, fees, and other terms customized to your financial requirements.
Signing of Terms: After agreeing to the loan terms, you will sign a Letter of Intent (LOI) or a Term Sheet, which formalizes the agreement.
Due Diligence: A detailed due diligence process is conducted to verify the authenticity and value of the diamonds. We ensure all legal and regulatory standards are met.
Issuance of Loan Agreement: Once due diligence is complete, a Master Loan Agreement is prepared and signed, confirming the final terms of the loan.
Verification & Transfer of Diamonds: Your diamonds are transferred into a secure storage facility with a major world bank or a specialized vault, ensuring their safety while being held as collateral for the loan.
Loan Closing: After verification and secure storage of the diamonds, the loan funds are transferred to your account. Typically, this process takes about 20 business days, depending on the complexity of the transaction.