Who can use this financing option?
Rapaport Trade members who are purchasing diamonds or wish to leverage their inventory.How do I know if a diamond is eligible?
GIA-certified diamonds of 1ct or larger. In special cases, other diamonds may also be eligible, such as fancy-colored diamonds. Click the finance button to be put in touch with Rapaport Trade's financing partner. The minimum finance value is $10,000 per transaction.What happens after I request financing?
Your request is sent to the financing partner, and you will receive a confirmation email. The financing partner will contact you.Can I request financing for multiple diamonds at once?
Yes, you can select multiple diamonds and submit a single financing request if the total value meets the $10,000 minimum.What is Rapaport Trade's role in this financing process?
Rapaport Trade facilitates the request process, but financing is provided directly by the Delgatto Diamond Finance Fund.Where are my diamonds held?
Diamonds used as collateral will be securely stored at Rapaport’s New York office or Delgatto Diamond Finance Fund's storage facility. Diamonds stored at Rapaport may be shown to potential buyers during the financing period.What are the fees? Fees will be discussed directly with you and the finance partner. Generally, 1% per month.
Who can I contact at DelGatto for questions or assistance?
Julie DomazetTelephone: +1 212 681 9550
Rapaport Trade (formerly RapNet) Financing: Frequently Asked Questions
Written by Philippa Corrick