Trading cards are a tangible asset class. The mandate of PWCC Capital is to leverage assets to better monetize trading card investing. PWCC Capital was announced for the first time in early 2018 and is a rapidly-growing sector of the PWCC brand.
PWCC Capital supports the collateral-backed lending needs of both buyers and sellers. Collateral-backed lending is provided to PWCC clients against assets in possession of PWCC through either the Vault or Marketplace services.
PWCC Capital offers Auction Marketplace sellers up to 50% of the conservative market value of their assets in the form of a cash advance. This is a free service and is offered based on availability of funds at that time. Advances against auction submissions can also be used to pay for recent purchases.
PWCC Capital offers buyers in the PWCC Auction Marketplace the option of a three-month payment plan. The plan requires a down payment of at least 50% of the invoice amount at the close of the auction, after which the buyer is provided 30 days interest free to pay the remaining 50% balance. Months two and three will carry a 1% per month interest fee. Invoices of at least $1,000 are eligible for the Payment Plan.
Collateral Backed Lending
Clients can leverage a Line of Credit against the conservative market value of their assets in their Vault. Average market value is determined through our in-house algorithm which leverages recent auction sale prices. We multiply the current market price by 0.8 to create the conservative market value and Capital will lend up to 50% of this amount. Collateral-backed loans are issued on a 6-month term limit with optional renewal, and fees will be 1% interest per month with a 1% origination fee.
To learn more about business opportunities with PWCC Capital, please contact us by hitting the email inquiry at the top of the page, or create an account with us, to learn more about the opportunities that exist.
Sell on the Auction Marketplace
PWCC manages the largest trading card auction venue in the world, comprising 12 annual auction events which run every month of the year. Each event consistently features some of the finest trading cards in the world in an easily-surveyed format that reaches both hobby and investment minded clients alike.