simple and secure funding, disbursed same-day within New York area and 2-3 business days when shipping is required
The Process
APPLICATION
Please contact us via phone (833) 209-0972 or email financing@mechartcap.com. We will discuss the capital you need and the timepieces you would like to use for the transaction. We will also explain in more detail how the buy-back/repossession agreement works.
VALUATION AND FUNDING
Once we agree on the terms and conditions, we inspect the timepieces and validate their authenticity. Then we execute the agreement, transfer you the funds, and deposit the watches in the bank safe deposit box, all on the same day.
EARLY RETURN
At any time before the end of the financing term, you can buy back the watches at a previously agreed price (which goes up 1.5% per month), with the same ease and confidentiality as in the initialransaction, and with absolute security that the timepieces are safe and sound.
FLEXIBILITY
We can provide financing to anywhere in the world, so long as the collateral timepieces are shipped (insured) to NYC so that we can authenticate and store them safely. We will work with you if you want to swap out collateral during the term, so long as the timepieces being swapped are of equal or greater value.
ACCESSING YOUR WATCHES
You still have easy access to the timepieces — in case you need to have your insurance company appraise them, for example, or you want to show someone who might be interested in purchasing them in the future — by scheduling a visit with us at a bank safety deposit box location.
watch dealers can still have access to timepieces by scheduling visits to the assets at a secure location
The mechanical art capital difference
MAIN TERMS AND CONDITIONS
- Up to 12-month term
- Repurchases shorter than 3 months carry a minimum 5% price increase.
- 1.5% monthly increase in repurchase price starting in month 4
- Watches can be bought back any time before completion of financing term
- No reminders or collections
ACCEPTED BRANDS - TIER ONE
- Lange & Söhne
- Audemars Piguet
- Christophe Claret
- David Candaux
- De Bethune
- FP Journe
- Greubel Forsey
- Grönefeld
- Kari Voutilainen
- Laurent Ferrier
- Maitres du Temps
- Patek Philippe
- MB&F
- Patek Philippe
- Philippe DuFour
- Richard Mille
- Roger Dubuis
- Rolex
- Romain Gauthier
- Urwerk
- Vacheron Constantin
other brands will be considered
ACCEPTED BRANDS - TIER TWO*
- Akrivia
- Bell & Ross
- Blancpain
- Breguet
- Breitling
- Cartier
- Chopard
- Daniel Roth
- DeWitt
- Franck Muller
- Girard-Perregaux
- Glashutte
- Graham
- Grand Seiko
- H. Moser & Cie
- Harry Winston
- Hublot
- HYT
- IWC
- Jacquet Droz
- Jaeger-LeCoultre
- Nomos
- Omega
- Panerai
- Parmigiani
- Piaget
- Ressence
- Romain Jerome
- Tag Heuer
- Tudor
- Ulysse Nardin
- Urban Jürgensen
- Zenith
- *Tier 2 Collateral (may be up to 20% of an individual repo liquidation value)
other brands will be considered