WatchBox Introduces Specialty Financial Services Through Partnership with Luxury Asset Capital
WatchBox and Luxury Asset Capital’s specialty financial services enable clients to realize a broader range of options for their timepieces.
WatchBox, the leading global platform for the buying, selling, and trading of pre-owned luxury timepieces, and Luxury Asset Capital, a leader in the alternative financing market, have partnered to enable WatchBox’s clients to quickly access capital backed by luxury timepieces or other luxury assets held as loan collateral by Luxury Asset Capital.
“Our strategy at WatchBox is to deliver a full suite of services for the luxury watch buyer and collector,” said David Kaplan, Chief Marketing Officer for WatchBox. “We buy, sell, and trade thousands of watches every year. Our partnership with Luxury Asset Capital allows clients to tap into the equity of their luxury assets without forfeiting ownership or future appreciation.”
“There is a natural fit between Luxury Asset Capital and WatchBox. Luxury watches are consistently among the most popular assets our clients use as loan collateral because they retain so much of their value, and thanks to companies such as WatchBox, enjoy a vibrant secondary market,” added Dewey Burke President and CEO of Pawngo.
If you’re a watch collector, a watch lover or looking to benefit from the value of your watch, get started with an evaluation of your asset here. We’re the experts.