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Business
January 18 - 31, 2014
19
Biltmore Loan and Jewelry says ‘yes when the banks say no’ BY ALISON STANTON
Families with unexpected medical bills. A couple who is planning their daughter’s wedding. Entrepreneurs needing additional capital for expansion or payables. Marc Israel, general manager of Biltmore Loan and Jewelry, says these are just a few of the many types of clients with whom he meets and works on a regular basis. Israel says Biltmore Loan and Jewelry—which came to Scottsdale two years ago and just recently opened a second location in Chandler—provides immediate cash for individuals or business people who are unable to get funding from a bank in a timely manner. “With our expertise in evaluating assets, we have become a leading collateralized lender and purchaser
FINANCIAL ASSISTANCE IN UPSCALE SURROUNDINGS: Biltmore Loan and Jewelry features attractive décor and a discreet environment. Submitted photo
of unusual and high-end jewelry, watches, precious metals, coins, fine art antiques also sports memorabilia and collectables,” says Israel. Business is conducted in a very private and discreet manner in Biltmore’s upscale offices. The entire transaction is typically completed in about 30 minutes. “Biltmore also specializes in providing immediate cash using automobiles as collateral for title loans.” Referring to Biltmore Loan and Jewelry as “the alternative bank,” Israel says his clients have two options: to either sell their asset directly to Biltmore, or to use it as collateral for a short-term loan. “Our motto is, ‘We say yes when the banks say no,’” he says. The yearning to open Biltmore Loan and Jewelry began in 2008, when Israel says a great number of people were hit by the downturn in the economy. “There are a lot of people who find themselves ‘stuff rich and cash poor’—they purchased a Mercedes or Bentley just to have it, or they had two Rolex watches sitting in a safe deposit box; now these items can be converted to cash,” he says. “Many people have assets, but they might not have the $10,000 or more that they need for an unexpected expense relating to a legal matter, business or medical bill. Our extensive expertise allows us to pay the highest prices in the market, and provide the highest loan-to-value ratios in the industry.” By opening a new location in Chandler, Israel says the Biltmore experience will be even more accessible to residents of the Southeast Valley. “It’s just a dignified way for people to come in and get the money that they need. We pride ourselves on our expertise, and for being flexible, discreet and confidential,” he says. “The Biltmore staff derives satisfaction in knowing
READY TO HELP: The staff at Biltmore Loan and Jewelry— from left to right: Marc Israel, Harriet Bernick, Erin Kalmbach, David Goldstein, and Kylie Roswell—prides itself on offering top-notch customer service that is confidential and respectful. Submitted photo
that they are available when the bank cannot make a decision quickly, or when there isn’t a family member who can assist.” David Goldstein, founder of Biltmore Loan and Jewelry, can be seen between 9 and 10 a.m. Tuesdays on “Sonoran Living,” on KNXV-TV Channel 15. Goldstein will also write a regular column for the SanTan Sun News titled “What’s It Worth, AZ” within Biltmore Loan and Jewelry’s advertisement. Biltmore Loan and Jewelry is located at 670 N. 54th St., Suite 2 in Chandler. For more information, call 480705-LOAN (5626) or visit biltmoreloan.com. Alison Stanton is a freelance writer who lives in the East Valley. She can be reached at alison@santansun. com.
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