A loans on diamonds is a specialized type of secured financing in which the borrower provides a bank or financial institution with cut or rough diamonds as collateral. This scheme is rarely used in the mass segment, but is common among jewelry companies, gemstone traders, private collectors or businessmen who own precious assets and need liquidity.
You can follow @AdamPeterson@micro.blog from Mastodon by entering your Mastodon username here:
Posts for this user are still being downloaded. Reload
Press Arrow Down to move to next post, Arrow Up to move to previous post, R to reply to current post, Enter to view conversation
