Old World Capital is a lending company started by Walter Bauman and Curt Huegel. It was founded on one simple idea: There has to be a better way.
Modern-day bank lending requires endless hoops and hurdles. At Old World Capital, we are simplifying the system. We do not review your financials and do not provide any of your information to credit bureaus. We will assess your luxury assets quickly and make a loan offer in less than 24 hours.
All of our clients speak directly with an Old World Capital expert in person – no 1-800 numbers, no faceless email address and no outsourced appraisals. We even take it a step further to give our customers the comfort and peace of mind in knowing their items are safe and secure, showing customers where their items will be kept in our insured vaults. Our years of expertise in luxury markets make certain that your valuables will be treated responsibly.
Old World Capital will work with you to choose the best loan option. By offering three convenient loan options, we allow you to access capital quickly and securely: term loans, sale advance loans, and bridge loans.
Term loans provide clients with the fastest access to large amounts of cash, for up to 3 months, without the paperwork and approval process of traditional banks. We offer interest rates from as low as 0.99% per month and our fixed rates will assure you that your payback amount will never increase. Our appraisers will assess the value of your jewelry, make an offer on how much you are seeking to borrow, and transfer the money to your bank account. Your items will be secured in our fully-insured vaults until the loan is repaid.
Sales Advance Loans
A Sales Advance Loan is the best loan option if you are looking to sell an expensive item but do not have the time or money to do it correctly. We will manage the sale of your item and take care of the necessary appraisals, certifications and repairs. Old World Capital will provide advance loans for what you need upfront, and then, we will work to get most of the money back. We will provide you with 50% of the estimated sale price upfront. The only expense incurred with a sales advance loan is interest on the initial loan and commission on the sale.
Bridge Loans are similar to Term Loans, but are offered for an extended period of time, ranging from 9-12 months. For Bridge Loans, we offer interest rates between 1.99% and 4.5% per month. Our appraisers will assess the value of your jewelry, make an offer on how much you are seeking to borrow, and transfer the money to your bank account. Your items will be secured in our fully-insured vaults until the loan is repaid.
Old World Capital is conveniently located within our Walter Bauman Jewelers in West Orange, NJ.