start, I can't loan more than $1000.00 per customer so far, and what it really concerns me is the fact that I am not a luxury watch expert and probably I'll need to find one reliable or go to a jewerly store to ask them if they can verify the authenticity of this itmes. Other issue is that people don't trust if I don't have an office, but I was thinking in stored the watches in a bank safe box and check the item in the jewerly. This will allow me to avoid extra costs and I'll be able to charge no more than $10.00 per every $100.00. But if I rent an office and buy a safe box and hire a watch expert I'll have to increase the cost of the loan and customers will have to pay more than $10.00 perhaps $20.00 or more. I don't know what could be the best way to do it. Please I need some advise.
Thank you!
Thank you!