Owl Financial Group will now provide loans against inventory of up to $2 million.
“The more you need help from your bank the less likely you will get it,” said Owl Vice President Kathy Hillelson. “Owl enables members of our diamond and jewelry industries to use their inventories as collateral for quick loans without a credit check or personal guarantee. These loans can be used to finance buying opportunities, meet payroll, refresh inventories or whatever else is necessary to grow their business and stay competitive.”
Owl also plans to help clients sell their pledged collateral through its network of diamond and jewelry buyers.
Headquartered in New York City, Owl Financial Group is a private lender that provides secure and same day funding to the diamond and jewelry industry.
