Who Is Eligible?
Aureum Lend Pay Plans are designed for individuals who own physical gold and want liquidity without permanently selling it. Eligibility is primarily based on ownership of qualifying gold rather than traditional credit factors.
No credit checks are required. Approval focuses on the gold collateral itself.
Basic Requirements
- Age: 18 years or older
- Identity: Valid government-issued photo ID (driver’s licence, passport, or provincial ID)
- Ownership: You must own the gold free and clear (not subject to existing financing)
- Residency: Canadian residents are preferred; others may be considered on a case-by-case basis
Accepted Gold & LTV
Loan-to-value (LTV) depends on the type and condition of the gold. Pristine 1 oz sovereigns receive the highest LTV.
| Collateral Type | LTV | Notes |
|---|---|---|
| 1 oz Sovereigns (e.g. Maple Leafs) | 1:1 (100%) | Pristine collateral. Highest LTV available. |
| Other recognized bullion coins & bars | Lower LTV | Subject to authentication and purity. |
| Jewelry / mixed gold | Lower LTV | Valued based on gold content after testing. |
* 1/10 oz sovereigns are also available to help tailor your loan amount more precisely.
Interest Rates & Terms
All rates are fixed (not variable) and based on the Canadian prime rate plus a spread. Terms available:
- 1 Year: Prime + 5.5%
- 2 Year: Prime + 7%
- 5 Year: Prime + 9%
All rates are structured to remain well below the 35% criminal interest rate under section 347 of the Criminal Code of Canada.
How the Process Works
- You own or purchase qualifying gold (we recommend Kitco or AU Bullion in Canada).
- Ship your gold using our provided labels with courier insurance (1% of gold value).
- Once received and authenticated in our RBC bank vault, the Pay Plan is triggered.
- You receive funds via EFT and begin fixed monthly payments.
- Upon full repayment, your gold is returned to you.
We are a personalized bespoke service. All agreements are evaluated personally by financial professionals. Set up a Zoom appointment to get started.
Important Notes
- This is a product payment plan with gold held in escrow — not a traditional bank loan.
- Aureum Lend is not a bank. Funds and gold are not protected by CDIC.
- Gold is stored in Royal Bank of Canada (RBC) bank vaults under dual-control.
- Final terms, LTV, and eligibility are confirmed in the definitive agreement after review.
- Illustrative information on this page is for general guidance only and does not constitute an offer.