Secured Peer-To-Peer Precious Metal Loans
Precious metals like gold, silver, and platinum are valued as stable assets, especially during times of crisis. They can be used as reliable collateral for loans, allowing clients to access short-term liquidity without selling their holdings.
Through the Secure Peer-to-Peer (P2P) Loans Program, clients who vault eligible bullion (e.g., gold, silver, platinum) with us can use these assets as collateral to obtain loans. This program offers clients a flexible way to access funding while retaining ownership of their assets.
Under this program, Silver Bullion serves as the escrow, custodian, and platform provider, managing the matching and loan creation process and holding collateral securely for both borrowers and lenders. Loans are backed by high collateral requirements (typically 160% to 200%) to minimize risk, and a 'Sweeper Fund' provides additional protection by covering any repayment shortfalls if they occur.
Since 2015, 883,575,411 SGD in loans have been created through the platform with no defaults.
Borrowing (Ask)
To borrow funds, clients must have eligible physical assets (e.g., gold bars, silver coins, platinum bullion, or luxury watches) stored in our vault to serve as collateral. Borrowers can submit a borrowing request specifying preferred loan terms, such as the amount, tenor, and interest rate, or they can review and accept an available lending offer that meets their requirements.
Retain Ownership: Borrowers keep ownership of their collateralised assets, with a lien placed on them. These assets must remain in the vault until the loan is fully repaid.
Flexible Loan Terms: Borrowers can submit a borrowing request with their preferred loan terms, including amount, tenor, and interest rate, or they may review and accept an existing lending offer that meets their needs.
Quick Disbursement: Once matched with a lender, a loan contract is created, and funds are disbursed on the 1st, 8th, 15th, or 22nd of each month, based on the timing of the loan contract.
Low Fees: A processing fee of 0.5% per annum of the loan amount applies (1% for one-month loans), payable at the end of the loan term. For loans secured by luxury watches, an additional Agent Platform Fee of 2% is charged.
Flexible Use of Loan Proceeds: Borrowers have full flexibility on how they use the loan proceeds.
Unlock Liquidity with Transfer-In: Clients who transfer eligible assets to our vault can unlock liquidity by borrowing against these assets, without needing to sell their precious metals or luxury watches.
Lending (Bid)
To participate as a lender, USD, EUR, or SGD funds must be held in our escrow account, ready to be loaned to borrowers. Lenders create lending offers, setting preferred terms such as interest rate, tenor, and principal amount, or they can review and accept an available borrowing request.
Secured Loans: Each loan is secured with collateral valued at 160% to 200% of the loan amount. If the collateral value drops to 110% during the loan term, we initiate asset liquidation to cover the loan and ensure full repayment.
Reliable Returns: Lenders always receive their funds on time at loan maturity. Our "Sweeper Fund" provides an additional layer of protection by covering any shortfall in borrower payments, ensuring smooth rollovers without idle funds.
Authenticated and Insured Collateral: All collateral is authenticated, with precious metals verified by Silver Bullion and luxury watches by a professional service provider. Collateral is fully insured by Lloyd’s of London underwriters, covering risks such as theft, employee infidelity, and mysterious disappearance.
Latest 10 Contracts
| Created On | Payout On | For Amount | Duration (in months) | At Rate |
|---|---|---|---|---|
| 21 Nov 2024 | 22 Nov 2024 | 4,000 SGD | 6 | 4.75% p.a. |
| 21 Nov 2024 | 22 Nov 2024 | 54,500 SGD | 1 | 5.00% p.a. |
| 21 Nov 2024 | 22 Nov 2024 | 67,000 SGD | 1 | 5.50% p.a. |
| 20 Nov 2024 | 22 Nov 2024 | 13,500 SGD | 1 | 5.00% p.a. |
| 19 Nov 2024 | 22 Nov 2024 | 14,000 SGD | 6 | 4.25% p.a. |
| 18 Nov 2024 | 22 Nov 2024 | 37,000 SGD | 1 | 4.75% p.a. |
| 18 Nov 2024 | 22 Nov 2024 | 80,000 SGD | 1 | 5.00% p.a. |
| 18 Nov 2024 | 22 Nov 2024 | 29,500 SGD | 12 | 5.00% p.a. |
| 18 Nov 2024 | 22 Nov 2024 | 350,000 SGD | 6 | 6.00% p.a. |
| 18 Nov 2024 | 22 Nov 2024 | 312,000 SGD | 1 | 5.75% p.a. |
| View all past contracts in PDF or Excel format. | ||||
Latest 10 Contracts
| Created On | Payout On | For Amount | Duration (in months) | At Rate |
|---|---|---|---|---|
| 21 Nov 2024 | 22 Nov 2024 | 26,000 USD | 6 | 5.00% p.a. |
| 20 Nov 2024 | 22 Nov 2024 | 23,000 USD | 12 | 6.00% p.a. |
| 20 Nov 2024 | 22 Nov 2024 | 33,000 USD | 24 | 6.75% p.a. |
| 20 Nov 2024 | 22 Nov 2024 | 50,500 USD | 1 | 5.50% p.a. |
| 20 Nov 2024 | 22 Nov 2024 | 124,000 USD | 1 | 5.50% p.a. |
| 19 Nov 2024 | 22 Nov 2024 | 7,500 USD | 12 | 6.00% p.a. |
| 19 Nov 2024 | 22 Nov 2024 | 65,000 USD | 12 | 6.75% p.a. |
| 19 Nov 2024 | 22 Nov 2024 | 5,000 USD | 1 | 5.00% p.a. |
| 19 Nov 2024 | 22 Nov 2024 | 7,000 USD | 1 | 4.75% p.a. |
| 19 Nov 2024 | 22 Nov 2024 | 18,500 USD | 1 | 5.25% p.a. |
| View all past contracts in PDF or Excel format. | ||||
Latest 10 Contracts
| Created On | Payout On | For Amount | Duration (in months) | At Rate |
|---|---|---|---|---|
| 19 Nov 2024 | 22 Nov 2024 | 8,000 EUR | 1 | 5.25% p.a. |
| 19 Nov 2024 | 22 Nov 2024 | 5,500 EUR | 12 | 5.75% p.a. |
| 18 Nov 2024 | 22 Nov 2024 | 39,000 EUR | 12 | 6.50% p.a. |
| 17 Nov 2024 | 22 Nov 2024 | 5,000 EUR | 12 | 5.25% p.a. |
| 16 Nov 2024 | 22 Nov 2024 | 15,000 EUR | 6 | 6.00% p.a. |
| 15 Nov 2024 | 22 Nov 2024 | 37,000 EUR | 12 | 5.75% p.a. |
| 14 Nov 2024 | 15 Nov 2024 | 4,500 EUR | 6 | 6.00% p.a. |
| 13 Nov 2024 | 15 Nov 2024 | 4,500 EUR | 6 | 6.00% p.a. |
| 12 Nov 2024 | 15 Nov 2024 | 18,000 EUR | 1 | 5.00% p.a. |
| 12 Nov 2024 | 15 Nov 2024 | 16,500 EUR | 1 | 5.00% p.a. |
| View all past contracts in PDF or Excel format. | ||||
Summary of Active and Completed Contracts
| Amount Lent | Contracts Matched |
Late Payments
Cases where a lender payment was delayed. Note: Should a borrower be late in repaying his/her debt, the Sweeper Fund will forward cash to ensure the lender is paid on time. The Sweeper Fund essentially acts as an additional buffer to help ensure timely payments. Find out more about the Sweeper Fund. |
Defaults
Cases where a lender did not receive payment back. Note: Should a borrower be late in repaying his/her debt, the Sweeper Fund will forward cash to ensure the lender is paid on time. Essentially the Sweeper Fund will take on the bad debt to prevent delays or defaults. This provides times for the borrower to remedy the missed payment and, if need be, for the borrower collateral to be liquidated. Find out more about the Sweeper Fund. |
|---|---|---|---|
|
883,575,411 SGD
|
20,487 | 0 | 0 |
How Do I Get Started
-
Open a S.T.A.R. Storage account. Create a free S.T.A.R. Storage account (open account). Opening an account does not require purchasing bullion. Once approved, you will have the ability to lend or borrow on the P2P platform.
-
Log in to your account to view current lending offers and borrowing requests:
To borrow: Submit your own borrowing request or accept an existing lending offer. To be eligible, you must have bullion either purchased through us or transferred to our vault.
To lend: Submit your own lending offer or accept an existing borrowing request. Lenders must have SGD, USD, or EUR funds available in their P2P Cash Balance (see wire instructions for details).
-
When a lender and borrower are matched, a loan contract is created. Payouts occur on the next available loan start date, which is the 1st, 8th, 15th and 22nd of the month (next payout: 22 Nov 2024). Loan contracts can be set in SGD, USD or EUR with terms of 1, 6, 12, or 24 months.
-
On the loan start date, Silver Bullion, as custodian, credits the lender’s funds to the borrower’s P2P Cash Balance and holds collateral. On loan maturity, the repayment will be credited back to the lender’s P2P Cash Balance, which then releases the collateral to the borrower.