Luxe offers secure and confidential collateralized loans to help customers achieve liquidity, without having to sell luxury assets. We typically lend between 50-70% of re-sale value of the luxury item. There are interest charges on these transactions, in accordance with Texas state law, but these loans are generally considered "non-recourse" loans, meaning there is no impact to credit score, reporting to other financial institutions or credit rating agencies, garnishing of wages, or other punitive actions.
This is a great option for customers that need short-to-medium term liquidity for their luxury assets, but are not interested in selling those items. Please note that Luxe is required by the state of Texas to take possession of the luxury asset for the duration of the loan.
Appraisal & Loan Terms
We will do a physical appraisal of your goods via house call or in-person in our Lovers Lane location in Dallas.
We welcome walk-in appointments during our business hours. To schedule a confidential in-store appointment or a house call, please complete our submission form and select either the "in-person" or "house call appointment". We will then send you a Calendly link to schedule a time that works best for you.
Once we have done a full appraisal of the item, we will conduct a consultation to better understand your liquidity needs and design a custom loan package based on your needs.
Documentation & Agreement
Once we agree on terms, we’ll prepare a loan agreement for execution. Please note that we require a valid government-issued ID to complete the transaction.
We accept the following forms of identification:
- Passport
- US Drivers License
- Texas Handgun License
- Texas DPS-issued identification card
- Military ID cards
We do not accept:
- Non-US Drivers Licenses
- Non-Texas Identification Cards
Loan Origination & Funding
Once the documentation is signed, you will have the option to receive funding echeck sent to the email on file. eChecks may be printed and deposited at your convenience. Luxe Retail & Lending also supports wire transfers, but please note that there is a $20 convenience fee for choosing to fund via wire.
Loan Repayment
Luxe Retail & Lending loans are typically between thirty and sixty calendar days. Loans can be repaid in-person, via ACH, or via wire. We accept cash, cashiers' checks, certified checks, and money orders. Please note that we do not accept personal checks or credit cards as re-payment tenders.
Fine Print:
Our loans are typically for a 30 day duration, with another 30 day grace period; however we know our customers each have unique circumstances and we work with each customer to design a loan structure that best fits their needs. Repayment includes principal and agreed upon interest. All terms will be clearly stated in your loan agreement.
We are licensed with the Office of Consumer Credit Commissioner in the State of Texas. For information on regulated rates, please reference OCCC's website for the published rates.
For questions or complaints about Luxe lending services, contact Luxe at hello@luxe-dallas.com. Luxe Retail & Lending is licensed and examined under Texas law by the Office of Consumer Credit Commissioner (OCCC), a state agency. If a complaint or question cannot be resolved by contacting us, consumers can contact the OCCC to file a complaint or ask a general credit-related question. OCCC address: 2601 N. Lamar Blvd., Austin, Texas 78705. Phone: (800) 538-1579. Fax: (512) 936-7610. Website: occc.texas.gov. Email: consumer.complaints@occc.texas.gov.
Transparent. Discreet. Empowering.
Whether you’re looking to unlock liquidity or part with your luxury assets, we make it seamless, private, and tailored to your needs.
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