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I currently have a Client seeking a loan against a SKR(Gold)
Client states he has the SKR by Paris Customs and en route to Dubai.
The Gold’s value, at current prices is at over $40M.
Note, He is entitled to $500K.
He is requesting only $32K in order to have it released.
He is willing to offer $132k In return for the $32K.
First, can a loan against a SKR be accomplished?
Second, can such an amount be funded?
Third, how soon can funding be executed and completed?
Client arriving in Dubai shortly and urgently would like to receive funds in order to execute release.
Please advise with any assistance or recommendations as this is an urgent Client request.
Thank you.
Client states he has the SKR by Paris Customs and en route to Dubai.
The Gold’s value, at current prices is at over $40M.
Note, He is entitled to $500K.
He is requesting only $32K in order to have it released.
He is willing to offer $132k In return for the $32K.
First, can a loan against a SKR be accomplished?
Second, can such an amount be funded?
Third, how soon can funding be executed and completed?
Client arriving in Dubai shortly and urgently would like to receive funds in order to execute release.
Please advise with any assistance or recommendations as this is an urgent Client request.
Thank you.