Battle Bank will accept allocated gold and silver bullion in a Battle Bank pre-certified storage facility to be pledged as collateral for our Precious Metals Loan. We will also allow an unallocated position acquired from Battle Bank to be used as collateral for this program. Unallocated positions held with another dealer cannot be used as collateral for a Battle Bank Precious Metals Loan because there is no way for the bank to properly perfect a lien interest in the metals.

TERM: Five-year revolving line of credit. 

PAYMENTS: Monthly interest-only and automatic payments from a valid bank account via ACH must be set up and in good standing. If you would like a reduced rate, the automatic payment must be set up from a Battle Bank High Yield Cash Account. 

INTEREST RATE: Prime Rate as quoted in the Wall Street Journal (Index) plus 2.75% (spread) floating daily if you have a Battle Bank account from which the monthly payment is automatically deducted. If the automatic payment is set up from an external institution, the interest rate will be Prime Rate plus 3.25%. 

FEE: A fee of 0.167% (rounded to the nearest $10) of the credit limit will be charged at origination and at each loan anniversary so long as the line is in effect. The fee will be charged at each loan anniversary unless the client “opts-out” and wants to close out their line of credit.

ACCEPTABLE COLLATERAL: Gold, silver bullion coins, bars, ingots, and rounds. Such examples (but not limited to) are legal tender gold and silver coins; and tradable forms of bullion including rounds and bars stamped with their weight, content, and purity. Only the spot price of the primary metal will be considered for collateral value calculation purposes. No “collectables” or “numismatic” value will be considered.

STORAGE: Collateral must be stored in a Battle Bank controlled account with either a Brinks or Loomis domestic storage facility. If you are referred by an approved dealer, you will continue to receive statements from them and be billed for storage by them.

MARGIN: The calculated percentage of the line of credit balance as compared to the Daily Collateral Value of the collateral (aka loan to value). For example, if the value of the collateral is $100,000 and the principal balance of the line of credit is $50,000, then the margin is 50%.

SETTING THE CREDIT LIMIT: The Credit Limit, or maximum amount of the line of credit, will be set at 75% of the value of the initial collateral pledged at origination, based on the Initial Collateral Value. Note the Credit Limit is set 25% higher than the Advance Limit to allow the borrower to advance additional funds should the value of the collateral increase after the origination date. The credit limit is set at the time of loan origination and will not change from year to year. If a client adds additional collateral or the spot price has increased such that a client wants to increase the credit limit of the line, a Change-In-Terms (CIT) agreement must be executed to make this change.

INITIAL COLLATERAL VALUE: The Spot Price of the metal(s) (as obtained from Bloomberg) as of 3PM Central Time the business day before the date of application, multiplied by the number of ounces of precious metal(s) being pledged.

ADVANCE MARGIN: Advances are limited to 50% of the Daily Collateral Value. Advance requests will be limited to the lesser of 50% of the Daily Collateral Value on the day prior to the advance, or the Credit Limit, whichever is lower.

DAILY COLLATERAL VALUE: The spot price of the metal(s) (as obtained from Bloomberg as of 3PM CT) times the quantity in ounces of precious metal(s) being pledged. Note: For the purposes of calculating the Advance Margin, Maintenance Margin, or Liquidation Margin, the Daily Collateral Value from the most recent prior business day will be used.

MARGIN MONITORING: The value of collateral will be monitored daily. Maintenance Margins will be monitored during the business week with a daily cut-off time of 3PM Central Time. Margin Call notices will be sent out via email on the day of a margin breach. Liquidation Margin will be monitored during the business week with a daily cut-off time of 3PM Central Time. 

COURTESY NOTICE: A notice to the borrower that they are approaching a Margin Call. Courtesy Notices will be sent to borrowers when the Margin reaches 65%. No action is required.

MAINTENANCE MARGIN CALL: If the Margin reaches the Maintenance Margin of 75%, the client will be notified of the Margin Call with a Margin Call Notice, and they will have three (3) business days to cure. To cure a Margin Call, the client must pay down the principal balance on the line of credit such that the margin, based on the Daily Collateral Value as of the date of the Margin Call Notice, is reduced to equal 70% or less. 

LIQUIDATION MARGIN: If the Margin reaches the Liquidation Margin (90%) the Bank will immediately liquidate all the collateral in order to repay the line of credit. Any excess cash proceeds after the Bank has been paid in full will be returned to the Borrower.

Many metals investors have large capital positions in bullion gold and/or silver metals sitting in a secured storage facility.  A drawback to having a large quantity of bullion is the amount of capital that is taken up without it providing any income or dividends to offset the capital reserved.  Taking a line of credit out on the equity of your holdings allows you access to that cash to fund other opportunities without having to sell your bullion outright.  

We offer a variable interest based on the Wall Street Journal published Prime Rate plus 2.75% with AutoPay setup (3.25% without AutoPay).  

No. We do not run a credit check on the loan applicant.

Unfortunately, if your metal is in your own possession (at home in a safe, safe deposit box, buried in the backyard, etc.) we are not able to loan against it.

However, we can provide instructions and arrange for your metal to be picked up and delivered to a Brank storage facility where the metal would be assayed for quantity and purity, and then would be available to borrow against when it is in Battle Bank metal inventory (fees for pickup, deliver, and third-party assay would apply).

We can facilitate transferring your allocated gold or silver holdings to a secure Brinks storage facility. Or, if your metal is being stored by one of our Partner Metals Dealers, we will coordinate for little to no impact whatsoever.  

Anything you want. It’s your capital—unleashed.

Once approved, the funds are yours to use: invest, diversify, cover expenses, or seize new opportunities. No restrictions. No red tape. 

Absolutely. Your metals are stored at pre-certified Brink’s facilities—world-renowned for their security, transparency, and insurance coverage.

We’re talking armored-guard-level protection, 24/7 surveillance, and full liability coverage. You get peace of mind and full ownership—without burying gold bars in your backyard.

It depends on where your metal is—and how fast we can verify it:

• Stored with Battle Bank at a Brinks storage facility? You’re in. Funds typically hit the same day.

• With a Partner Dealer? Give it up to 5 business days while we confirm and secure the collateral.

• In your possession? Timing varies. We’ll need to pick it up, assay it, and inventory it. Once that’s done, expect funds within 3–5 business days.

Either way, we keep things moving. No drag. No deadweight.