Trusted luxury asset lender, Diamond Banc, has opened a new office in Coral Gables, Fla, USA. to serve the surrounding Miami Area. Founded on the principles of convenience, transparency and innovation, this groundbreaking lending institution has grown rapidly. The new office will mark the fifth office for Diamond Banc in the state of Florida and the 10th location nationwide.
Diamond Banc’s Miami office will be helmed by Market Director, David Fernandez, a jewelry industry veteran with more than 11 years of experience in the luxury watch market. Since Diamond Banc is owned and operated by jewelers, exclusively, market directors can take every value-adding factor into account to provide the highest offers on the secondary market for luxury goods.
“We’re confident that we can offer the highest loan values and lowest rates in all of Miami and we look forward to serving the population there. Although there are other companies that offer loans against jewelry, there is no other company that operates with the precision of Diamond Banc,” explained company founder and third-generation jeweler, Mills Menser. Menser founded Diamond Banc in 2008, in the wake of the recession. In the decade since the company’s inauguration, Diamond Banc has seen rapid growth. In 2018, Diamond Banc partnered with Diamond Cellar Holdings and began a nationwide expansion.
About Diamond Banc : Diamond Banc offers asset-based loans that allow clients to borrow against the value of their luxury watches, fine jewelry and designer handbags, without surrendering ownership of the items. Loan collateral includes diamonds of 1ct or larger, designer jewelry, high-end watches, luxury handbags and gold and silver. Diamond Banc also offers an outright buying option, for anyone looking to sell their unwanted luxury items.
Since Diamond Banc was founded online, the lender offers a unique alternative to traditional lending institutions. “Diamond Banc is a customer-driven company that leverages technology and traditional lending concepts to work with the borrower to ensure the best loan experience,” said Menser.
Borrowers can get started from the convenience of their home by completing a risk-free form online before meeting in Diamond Banc’s professional and luxurious offices. This hybrid approach optimizes the customer experience, by ensuring convenience, simplicity and prompt response time. And, since loan requests are submitted prior to customer arrival, offices can expedite the lending process to offer same day funding.
Diamond Banc Miami is now open and the company plans to open more offices nationally within the next year.