SECURED LENDING AND BORROWING
Storage

Secured Peer-To-Peer Precious Metal Loans

Precious metals are excellent wealth protection assets that thrive especially during times of crisis. Given their time-tested trustworthy nature, physical gold, silver, and platinum can also be readily accepted collateral for precious metal loans to unlock short-term liquidity for you.

Instead of only keeping your platinum, silver, and gold bullion in a secure vault, you can also use them as precious metal collateral to obtain bullion loans to meet short-term funding needs.

Enter our Bullion Secure Peer-to-Peer (P2P) Loan Program. You can easily borrow money by obtaining platinum, silver, or gold loans if you are already storing bullion (e.g. gold, silver, platinum or other precious metals) with us.

You can also transfer platinum, silver, or gold bullion for storage into our vault, The Safe House, to obtain a bullion loan from our loan program.

Alternatively, you can participate as a lender in our loan program by lending money to borrowers seeking gold and silver loans for an interest return.

Silver Bullion acts as escrow, custodian and platform provider to securely enable lending and borrowing between clients at their chosen terms. Clients have made 845,348,263 SGD worth of loans since 2015 with no defaults, thanks to high collaterals and our sweeper fund.

Borrowing (Ask)

Borrowing requires eligible physical assets (e.g., gold bars, gold coins, silver bars, silver coins, platinum bullion, and luxury watches) to be vaulted with us to guarantee loan repayment. Gold jewelry is not accepted. Clients with physical assets can create borrowing requests to ask for funds at their chosen terms.

Your assets remain your property

When you borrow using your precious metals as collateral, you maintain ownership of your assets. Instead, a lien is placed on your bullion parcels used as loan collateral. These parcels will need to stay in our vault until the loan is returned.

Fast, efficient, and inexpensive

With your precious metals stored with us, you can easily submit a borrowing request for a bullion loan with your desired requirements, such as loan tenure, interest rate, and loan principle. The amount you can borrow depends on your asset's current market value based on our sellback rates and the asset's Loan-to-Value Ratio (LtV). Your borrowing request will then be published to the lenders on our loan program.

If a lender accepts your loan terms, a loan is matched, and a contract is created without the need for credit history checks. Loan contracts are made in minutes, with the loan proceeds released on the 1st, 8th, 15th and 22nd of each month. The only processing fee is a 0.5% p.a.* of the loan amount, payable at the loan end. *(1% for - 1 month loans).

There are no restrictions on how you use your platinum, silver, or gold loan proceeds.

Deposit existing assets with us

Borrow against your eligible precious metal assets and unlock cash liquidity by transferring your bullion into our vault storage. After transfer-in and authentication, you can obtain funds without selling your eligible assets and avoid potential capital gains taxes. You always maintain ownership of your precious metals throughout the loan tenure.

Lending (Bid)

Lending requires USD / EUR / SGD to be held in our escrow account so it can be lent to borrowers. Lenders create lending offers to bid for loans at their chosen terms (i.e., interest rate, loan tenure, and loan principle).

Secured

Your loan is secured with 160% to 200% of borrower’s assets and should, during the loan term, the collateral fall to 110% we will liquidate the assets to cover the loan.

Reliable

You always receive your funds on time when a loan matures. Our “sweeper fund” ensures that there are no payment delays by your counterparty, ensuring reliability and enabling smooth roll-overs without idling funds.

Authenticated and Insured Collateral

The precious metal collateral is authenticated by us and fully insured by Lloyd's of London underwriters – covering theft, infidelity and mysterious disappearance.

How Secured Lending Works

Over the last 9 years, we have processed 19,958 bullion loans without any defaults to lenders. The steps involve:

Bid/Ask Market

Available lending offers and borrowing requests for the next loan start date are listed in the Bid/Ask Market. All loans start on the next loan starting date, being the 1st, 8th, 15th or 22nd of each month.

Lenders and Borrowers agree on terms

When a lending offer and borrowing request match, a contract is created. The bid / ask market enables lenders and borrowers to find a mutually agreeable amounts, interest rates (2% to 10% p.a.), currencies (SGD, USD or EUR) and durations (1, 6, 12 or 24 months).

Transfer of Funds and Low Fees

Silver Bullion will send the funds to the respective parties, ensuring reliability. The only loan processing fee is a 0.5% p.a. of principal (1% for 1-month loans) charged at the end of the loan.

When a loan expires the borrower can:

  1. Return the funds by or before the due date to Silver Bullion.
  2. Roll-over the loan with another loan – to be set 1-week before expiry.
  3. A combination of the above.

When a loan expires the lender can:

  1. Return or utilize the funds.
  2. Roll-over the funds into another loan – to be set 1 week before expiry.
  3. A combination of the above.

Should a borrower not return funds on time:

Our “sweeper fund” will cover any payment shortfall ensuring that the lender will still obtain funds on time, a 1% late fee will be charged to the borrower for the shortfall.

Liquidation of Collateral Occurs When:

Should a borrower not return funds for a period of 1 month or should the value of the pledged collateral fall to 110% of collateral then the collateral will be liquidated to ensure the loan repayment.


IMPORTANT: We do not facilitate asset leasing as it can put your asset at risk, instead your property can only be used by you as collateral to obtain low interest loan from other clients.

Loan Duration and LTV Ratio

Loan Durations and Loan to Value Ratio
Metal Loan Duration LTV Ratio
Gold 1 mth 62.5%
6 mth
12 mth
24 mth
Silver,
Platinum,
Palladium,
Nickel & Cobalt
1 mth 62.5%
6 mth 50%
12 mth
24 mth

Latest Rates
For Loans Starting on 8 Oct 2024

Accepted Contracts
Terms
Volume /
Contracts
Last Rate Change
1 month EUR
2,745,000 /
221
5.50% p.a. 0.50%
1 month SGD
237,188,000 /
6,017
4.50% p.a. -0.50%
1 month USD
187,333,760 /
4,728
6.00% p.a. -1.00%
6 months EUR
2,169,500 /
125
5.00% p.a. -0.50%
6 months SGD
53,178,500 /
2,064
6.00% p.a. 1.75%
6 months USD
84,089,952 /
1,847
6.00% p.a. -
1 year EUR
3,297,500 /
150
6.50% p.a. 0.50%
1 year SGD
23,211,000 /
1,153
4.75% p.a. 0.25%
1 year USD
73,146,650 /
1,805
4.75% p.a. -2.75%
2 years EUR
4,470,000 /
124
5.25% p.a. -2.75%
2 years SGD
8,181,500 /
383
2.75% p.a. -2.75%
2 years USD
43,052,500 /
1,341
6.25% p.a. -
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.

845,348,263 SGD 19,958 0 0

Latest 10 Contracts

Created On Payout On For Amount Duration At Rate
7 Oct 2024 8 Oct 2024 12,500 SGD 1 Month 4.50% p.a.
7 Oct 2024 8 Oct 2024 20,500 SGD 6 Months 6.00% p.a.
6 Oct 2024 8 Oct 2024 10,000 SGD 6 Months 4.25% p.a.
5 Oct 2024 8 Oct 2024 40,500 SGD 1 Month 5.00% p.a.
3 Oct 2024 8 Oct 2024 62,000 SGD 1 Month 5.00% p.a.
3 Oct 2024 8 Oct 2024 15,000 SGD 12 Months 4.75% p.a.
2 Oct 2024 8 Oct 2024 62,500 SGD 1 Month 5.00% p.a.
2 Oct 2024 8 Oct 2024 37,000 SGD 1 Month 5.00% p.a.
2 Oct 2024 8 Oct 2024 3,000 SGD 1 Month 4.00% p.a.
2 Oct 2024 8 Oct 2024 12,500 SGD 1 Month 5.00% p.a.
View all past contracts in PDF or Excel format.
Created On Payout On For Amount Duration At Rate
7 Oct 2024 8 Oct 2024 32,500 USD 1 Month 6.00% p.a.
7 Oct 2024 8 Oct 2024 14,000 USD 6 Months 6.00% p.a.
7 Oct 2024 8 Oct 2024 19,500 USD 1 Month 7.00% p.a.
7 Oct 2024 8 Oct 2024 63,000 USD 6 Months 6.00% p.a.
7 Oct 2024 8 Oct 2024 7,500 USD 6 Months 5.00% p.a.
6 Oct 2024 8 Oct 2024 14,500 USD 12 Months 4.75% p.a.
6 Oct 2024 8 Oct 2024 71,000 USD 1 Month 7.25% p.a.
6 Oct 2024 8 Oct 2024 3,000 USD 1 Month 5.75% p.a.
6 Oct 2024 8 Oct 2024 6,000 USD 1 Month 5.75% p.a.
6 Oct 2024 8 Oct 2024 6,000 USD 1 Month 5.75% p.a.
View all past contracts in PDF or Excel format.
Created On Payout On For Amount Duration At Rate
1 Oct 2024 8 Oct 2024 26,500 EUR 12 Months 6.50% p.a.
30 Sep 2024 1 Oct 2024 14,000 EUR 12 Months 6.00% p.a.
28 Sep 2024 1 Oct 2024 11,500 EUR 12 Months 6.00% p.a.
22 Sep 2024 1 Oct 2024 9,000 EUR 12 Months 5.00% p.a.
21 Sep 2024 22 Sep 2024 28,000 EUR 12 Months 5.50% p.a.
19 Sep 2024 22 Sep 2024 15,000 EUR 6 Months 5.00% p.a.
17 Sep 2024 22 Sep 2024 40,000 EUR 12 Months 5.50% p.a.
16 Sep 2024 22 Sep 2024 7,500 EUR 1 Month 5.50% p.a.
14 Sep 2024 15 Sep 2024 3,500 EUR 1 Month 5.00% p.a.
12 Sep 2024 15 Sep 2024 5,000 EUR 1 Month 4.50% p.a.
View all past contracts in PDF or Excel format.

How Do I Get Started

  1. Open a S.T.A.R. Storage account (open account). The account is free to open and does not require the purchase of bullion. Once approved you will have the ability lend or borrow.

  2. Log into your account and view the current lending offers and borrowing requests from where:

    To borrow either submit your own borrowing request or accept a lender's existing offer. You must have either purchased bullion through us or transferred your bullion to our vault to borrow.

    To lend either submit your own lending offer or accept a borrower's existing request. You must have SGD, USD or EUR funds in your P2P Loan Account (see wire instructions) to be a lender.

  3. When lenders and borrowers match, a loan contract is created whose payout will occur on the earliest 1st, 8th, 15th and 22nd of the month. The next payout / loan start is 8 Oct 2024. Contracts can be in SGD, USD or EUR and have durations of 1, 6, 12 or 24 months.

  4. On the loan start date, the custodian (Silver Bullion) forwards lender’s funds to the borrower and holds collateral. On loan maturity, funds are returned to custodian who then releases borrower collateral and returns funds to lender.

More information on the details page.

Find out more:

More details on Secured Peer-to-Peer Loans

For Borrowers

For Lenders

FAQ

P2P Funding Options and Start Dates

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