FORGOT YOUR DETAILS?

Please fill in the necessary fields(*) to create your account

GSC COLLATERAL LOAN

Get funds and retain the ownership of your physical metals

What's GSC Collateral Loan?

In a nutshell, our Collateral Loan program enables you to retain full ownership of your physical metal holdings but at the SAME time giving you the opportunity to monetize your assets for expansion of investments or when you need immediate cash flow.

*The GSC Collateral Loan Program is provided by a Registered Pawn Broker in Singapore.

WHY OUR COLLATERAL LOAN WORKS FOR YOU

SWIFT AND SIMPLE

All you have to do is bring your metals
to our store and let us know.

FAST CASH

Receive the value of the amount placed on your precious metals holdings IMMEDIATELY.

RETAIN METALS OWNERSHIP

You still get to retain the ownership of
your physical bullion, without selling.

LOAN CALCULATION TABLE

*Loan to value may vary depending on market condition.

COLLATERAL LOAN CALCULATION
LOAN TO VALUE INTEREST PER MONTH
GOLD A Maximum of 85% 1.0%
SILVER A Maximum of 75% 1.5%
PLATINUM A Maximum of 75% 1.5%

CALCULATE YOUR ESTIMATED LOAN VALUE

*The calculation is just for a rough estimation. We will propose to you the final value based on our authentication upon receiving your precious metals in our premises.

Metal Type:
Purity:
Weight (Gram/OZ):
Principal Amount: S$
Interest (Monthly): S$

HAVE QUESTIONS ON OUR COLLATERAL LOAN?

Contact us directly at 62229703 or click on the button to contact us!

CASE STUDIES

CASE ONE.

Anna wants to place her physical bullion consisting of 1000oz of Silver in our collateral loan program. The prevailing spot price in SGD was S$20.00/oz.

APPLICATION FOR
THE GSC COLLATERAL LOAN PROGRAM

1

Call us to let us know of your interest for our Collateral Loan.

Please note that we need a copy (both hard and soft copy is acceptable) of your NRIC (Front and Back)/Work Pass (Front and Back)/Passport and Bank Statement (reflect only the Bank Letterhead, Your Name, Address and Account Number for verification)

2

Head to our Retail Store
with your physical bullion.
Please book an appointment here

3

The team will provide you with an official quotation for your metals. Upon the confirmation, your metals are placed in our care.

4

Collect your approved loan
value IMMEDIATELY.

INTEREST PAYMENT

1

Interest1 is collected every month.

1 - Interest is prorated on a monthly basis.

2

You may present the original pawn ticket and pay in cash at GoldSilver Central premises. Alternatively, you may authorise the pawnbroker to safekeep the pawn ticket and bank transfer the interest to the provided pawnbroker’s bank account.

3

A new pawn ticket will be issued. Depends on your preference, we will contact you to collect the original pawn ticket or send you a soft copy of it.

LOAN REDEMPTION

1

Notify GoldSilver Central
in advance.
We will advice you the outstanding principal and interest amount to be settled.

2

Bring along your original pawn ticket with the outstanding payment to GoldSilver Central premises. Alternatively, you may bank transfer the payment to the provided pawnbroker’s bank account.

3

Collect your bullion when it’s in our premises! We will notify you once it’s ready for collection.

OR SELLING OF BULLION

1

Contact us for your intention to sell off the metals. We will advice you the outstanding principal and interest amount to be settled.

2

Fix the price with
GoldSilver Central during our operating hours*

*Please note that we will need you to present the original pawn ticket if you are holding it before we can proceed to the selling of your metals.

3

Receive your funds immediately by cash or bank transfer.

REVALUATION OF COLLATERAL LOAN

The revaluation of your precious metals value either higher or lower can take place in several different scenarios anytime within 6 months from the pawning date.

FIRST SCENARIO: REPAY YOUR PRINCIPAL AMOUNT

Reducing your principal amount by flexible repayment helps you in paying lesser interest for the subsequent months. A new pawn ticket with the new principal amount and interest amount will be issued to you.

SECOND SCENARIO: LOWER MARKET PRICE

Our collateral loan program evaluates your precious metals based on the market/spot price. In the event there is huge price movement and your metals value now is lower than what we lent out, we might request you to repay the principal amount difference between current and previous value. For example: your principal amount was $1000 but now your item might worth $900 only, we might contact you to do an early repayment of $100.

THIRD SCENARIO: WITHDRAW MORE LIQUIDITY

The opposite situation of Scenario 2, you may withdraw more liquidity from your precious metals if the market/spot price has gone up. For example: your principal amount was $1000 but now your item might worth $1100, an increment of $100. You may settle the interest (assume it’s Gold which the interest rate is 1%) $1000 x 1% = $10, in total you are getting an extra of $100 - $10 = $90.
Based on the quoted price per tele-conversation/email/text message, the transaction could be faciliated facilitated in 15 minutes via email/text message between GoldSilver Central and the client. Upon the confirmation, the client needs to acknowledge via email on the revised quoted total loan amount, the revised interest and the preferred date of collection for the new pawn ticket(s) if you prefer to hold the original pawn tickets. Otherwise a soft copy of the pawn ticket will be sent to you.

HAVE QUESTIONS ON OUR COLLATERAL LOAN?

Contact us directly at 62229703 or click on the button to contact us!

TOP
Dear Valued Clients, visits to our retail store will be by appointment to better serve you amidst this endemic.
This is default text for notification bar

EASYSENDY.com