Need Advise on Watch Based Loans

[Nash7171]

Hi guys,

Am thinking of raising some money to ease my business cashflow. Have heard that shops in Berjaya Times Sq take watches as security for short term loans.

Anyone familiar on the process ? Interest rates ? what kinda value ? I have several rolexes, IWCs etc...Safe to get back the watch ? Dont wanna get a fake back.. ha ha..

Thanks

[dualcarb]

Why not take the safer route and take a personal loan from a bank instead? Ask around and make inquiries. No harm and no loss on your bit.

[Nash7171]

Just need it for 2 months , thats why was looking at fast way... but yes, will see how a personal loan works too...