Frequently Asked Questions

What do I need to do to get started?

Complete the CONTACT US form to get started. An account manager will then reach out to you to get more details or to book an online consultation.

What are your interest rates?

Depending on the collateral used and the amount borrowed, our monthly interest rates range from 25% to 3% (300% APR & 36% APR).

Does PCL GROUP conduct a credit check?

We DO NOT conduct credit checks or employment verification. The terms of the loan is based solely on the item(s) you pledge as collateral.

What will the monthly payment be on my loan?

Your minimum monthly payment is based on the amount you choose to borrow.

How do you determine the value of my items?

We base our loan to value ratio on the estimated wholesale value of an item. Typically, we loan anywhere from 50% to 75% of the estimated wholesale value.

Will I have to pay additional fees to cover storage, insurance, and security?

PCL GROUP does NOT charge additional fees on top of the interest. We factor those costs into the monthly interest fee so that you, the customer, will never be surprised with unknown fees.

Will my items be safe?

All items are stored in our fireproof, UL-rated vaults protected by state-of-the-art surveillance and alarm systems with 24-hour security. Likewise, your items are fully insured while in our possession for the life of
your loan.

Why should I choose PCL GROUP as my alternative lender?

We are proud to have 40+ years of expertise in the collateral loan industry. We have GIA-certified staff, and we are supporting members of various associations related to our industry. Moreover, we strive to serve each customer based on his or her specific needs and achieve our GOLD STANDARD of customer service.

What if I just want to sell my assets instead of getting a loan?

We offer both options. Our BUY process is similar to our LOAN process. If you would rather sell your assets outright, then we will be more than happy to purchase them. This information is part of what we determine in our initial consult with each customer.

Will you provide parking downtown for my appointment?

We offer validated parking services in the One Enterprise Lot on the corner of Hogan Street and Bay Street just behind the Omni Hotel. Remember to bring your parking ticket to your appointment for us to complete validation! service.