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<p>[QUOTE=&quot;Gam3rBlake, post: 7517302, member: 115909&quot;]Can&#039;t dealers use the inventory itself as collateral?</p><p><br /></p><p>For example: Let&#039;s say someone brought in a monster box of 500x 1oz American Gold Eagles with a total value of $900,000 and it&#039;s estimated they will all sell for $1 million netting the dealer a $100,000 profit.</p><p><br /></p><p>The Bank loans them $900,000 to buy the monster box with the Gold Eagles themselves as collateral.</p><p><br /></p><p>Either the dealer sells them and repays the loan OR the bank takes possession of the Gold Eagles and sells them at auction to recoup the money they loaned.</p><p><br /></p><p>Does it work like that?</p><p><br /></p><p>I know alot of businesses take out loans on inventory.[/QUOTE]</p><p><br /></p>

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