Borrowers

Unlock liquidity when you need it and on the terms you want, while maintaining ownership of your metal.

As a storage customer owning metal parcels, you can:

• Use your metal as collateral to get up to 50% of its value in cash
• Set your own interest rate, currency and loan duration
• Enjoy uncomplicated procedures to get the liquidity you want, when you want it
• Bypass credit checks, bureaucracy and fund usage restrictions
• Use the funds for any purpose, including buying more metal

When you agree on terms with a lender a contract is created and a lien is placed on the metal parcels you choose to use as collateral. When your repay the loan the lien is removed. Your ownership of the metal never changes. We only charge a 0.5% administrative fee.

Transferred-in metal can also be used as collateral, so if you store metal at home or with another provider, transfer it to us to obtain a loan. Loans always start on the 1^st, 8^th, 15^th and 22^nd of the month, allowing you to roll over funds from one loan to another without downtime.

See the Loan Schedule for more details. The next loan payout is on 01 Oct 2023.

Popular Borrower Uses

• 

  Emergency Money

  You might not need funds now, but it is good to know that your metal enables you to have quick, low cost, access to cash if needed.

• 

  Replace High Interest Debts (arbitrage)

  Use your loan to repay higher interest debts such as unsecured loans, credit cards, and mortgages in high interest countries.

• 

  Purchase Additional Metal

  You can now pay for metal orders with your upcoming P2P funds, even if the loan payout is not until the next Loan Start and is more than two business days away. Just note in the Order Comments section that you wish to use your P2P funds for your metal payment.

How to Borrow

• 
  1
  Set your terms
• 
  2
  Select the parcel(s) you want to collateralize and loan amount
• 
  3
  Post your borrowing request
• Watch Video (0:59)

Step 1. Set your terms

• (Next Step )

Creating a borrowing request on Silver Bullion is simple and will only take a few minutes. Log into your S.T.A.R. Storage account and set the terms for your borrowing request.

The terms you can set: Loan Currency, Loan Duration, Offered Interest Rate. (Click to enlarge)

Under the “Valid Until” option, you can choose to have your borrowing request carried forward to subsequent bidding periods until you cancel it or for selected period only, in the event that your borrowing request is not filled during the current bidding period.

Step 2. Select the parcel(s) you want to collateralize and loan amount

• (Next Step )

Decide on the amount that you want to loan, and select the number of parcels required by referring to the loanable limit.

List of active parcels. (Click to enlarge)

Enter the amount you would like to loan. Under the "Valid Until" option, you can choose to have your borrowing request carried forward to subsequent bidding periods if your borrowing request is not matched during the current bidding period.

Make a new borrowing request

Step 3. Post your borrowing request

• (Watch Video )

Review all terms before posting your borrowing request.

Borrowing Request Summary

Borrow:	Loan amount and contract start date
Return:	Total repayment amount (including interest and administrative fees) and repayment date
Loan Interest and Loan Term:	Desired interest rate and duration of loan contract
Administrative Fees:	0.5% of Loan Amount

Collateral Summary

Number of Parcel(s):	Refers to the parcels put up for collateralization
Collateral Coverage:	How much of the requested amount is covered by your collateralized parcels
Valued At:	Total value of your collateralized parcel(s), based on the spot price at the time when the borrowing request is made

A new borrowing request, ready for submission. (Click to enlarge)

Once you have confirmed and submit your borrowing request, it will be posted on our loan listing page for potential lenders to view.

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Loan Contracts

Find out more:

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FAQ

P2P Funding Options and Start Dates

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