- live spot prices:
- Gold Ask$2,035.74$-0.31
- Silver Ask$23.02$-0.17
- Platinum Ask$899.53$-20.98
- Palladium Ask$998.31$-25.99
Gold & Silver Loans
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JM Bullion is proud to partner with Collateral Finance Corporation (CFC) to offer our customers the ability to borrow against gold and silver using their existing bullion as collateral. Gold and silver backed loans offer cash liquidity without the need to sell your assets.
CFC is the Leader in Gold & Silver Loans
$300+ Million of Loans Since 2005
Loans of $25,000 up to $5+ Million
CFC Offers Compelling Terms
Low Interest Rates
No Origination or Pre-Payment Fees
Loans are not available at the time of bullion purchase, meant for commercial use, and subject to restrictions based on state residence.
Get Started Today
Call CFC at (800) 232-5767
Apply Online Now!
15 Minutes to Apply
No Credit Check
One Business Day Response
Interest Rate
Loan Amount
OR
CFC Loans Offer
1
Flexible Financing
Loans of $25,000 to $5 Million
2
Low Rates
Interest Only & Fixed for Term
3
Fast Funding
Typically 10 Days or Less
4
Shipping Insurance
Complimentary via USPS (deductible and conditions apply)
5
High Loan-To-Value Ratio
Up to 75% of Bullion Value
How It Works
Online Application
Quick and Secure
Secure Shipping
Insured Transport
Designated Storage
Security by Loomis or Brinks
Quick Funding
Most loans funded within 10 days
Apply Now
Loan-To-Value Calculator
Enter your values below to see how much you can borrow.
Gold
Current Spot Price Per Ounce
Silver
Current Spot Price Per Ounce
Platinum
Current Spot Price Per Ounce
Palladium
Current Spot Price Per Ounce
Summary
Gold
X 0
$0.00
Silver
X 0
$0.00
Platinum
X 0
$0.00
Palladium
X 0
$0.00
Loan Up To
$--.--
Minimum loan size $25,000
About CFC
CFC is a licensed California Finance lender that was established in 2005 and offers financing on a wide array of precious metals and numismatic products. CFC and JM Bullion are both wholly owned subsidiaries of A-Mark Precious Metals (Nasdaq: “AMRK”), a leading bullion trader and wholesaler.
FAQ
Q: Is there a minimum loan amount?
A: Yes. CFC has a minimum loan size of $25,000. This means that, based on a typical Loan-To-Value ratio of 75%, a borrower needs to have approximately $35,000 of precious metal collateral.
Q: How long does the application process take?
A: CFC endeavors to promptly process loan applications. The typical time from the submission of an application to receipt of funds is ten or fewer business days.
Q: How are bullion holdings valued?
A: CFC references spot prices provided by corporate parent A-Mark Precious Metals to determine the value of bullion collateral.
Q: What information is a borrower asked to provide to secure a loan?
A: Individual and joint borrowers are asked to provide contact information, an estimate of their liquid assets and net worth. A copy of a government issued ID (generally a driver license or a passport) is required to secure a loan as well as disclosure related to liens, judgments, or pending litigation.
Q: Are there any residency restrictions for a loan?
A: Yes. Borrowers must be citizens or legal residents of either the United States or Canada and their loans are subject to restrictions based on state or provincial residency.
Q: Are there restrictions on the use of the loan’s proceeds?
A: Yes. A borrower is required to represent that a loan’s proceeds will be used for commercial investment purposes. The objective of this restriction is to ensure that someone is not borrowing capital to fund day-to-day personal expenses.
Q: Does prior credit history / loan experience matter?
A: No. Prior bankruptcies or a less than optimal credit record do not directly impact loan decisions.
Q: Does a borrower need to have a clear title to their collateral assets?
A: Yes. CFC will perform a search of relevant Uniform Commercial Code (UCC) filings to ensure that there are no claims on the proposed collateral.
Q: What is the typical term of a loan?
A: CFC loans are for 180 days. Borrowers are generally offered the opportunity to renew their loan several weeks before maturity. Most CFC loans are renewed for multiple terms.
Q: Are there any loan fees?
A: No.CFC’s loans do not have origination, pre-payment, or other fees other than those associated with late payments. CFC loans do have a storage charge based on collateral value.
Q: Are loans subject to margin calls?
A: Yes. A decline in collateral value based upon current market prices can result in a margin call. The purpose of a margin call is to return a loan to an acceptable Loan-To-Value ratio. Borrowers are generally provided an opportunity to meet a margin call by supporting their loan with additional collateral or cash capital as well as authorizing CFC to monetize a portion of their existing collateral.
Q: Can a loan be paid off early?
A: Yes. A loan can be paid off any time without incurring fees. Loans may be repaid by bank wire, check or through the authorized sale of the underlying collateral.
Additional Information
Please visit www.CFCGoldLoans.com or contact CFC directly at (800) 232-5767
