RapNet has partnered with Delgatto to provide members with flexible financing solutions for diamond purchases and collateral-based loans. This service allows members to use their diamonds as collateral or use diamonds from RapNet or BuyNow.
With a seamless request process, RapNet members can access capital while keeping their inventory working for them.
Guidance on Using RapNet Financing
Eligibility
Financing is available for diamonds that are GIA-certified and 1ct or larger.
The minimum financing amount is $10,000 per transaction, covering one or more diamonds.
Financing is asset-backed, with diamonds held securely at Rapaport New York as collateral during the loan period.
How to Request Financing
Buyers – Apply for Financing on Your Diamond Purchase
Search Results Page: Click the Finance button on a single diamond or select multiple diamonds via the 3-dot menu.
Finance Request
Your selected diamonds automatically populate the finance request form.
You can manually enter additional GIA numbers if you need to.
A text box is available for you to provide notes to the financing partner.
You can click Submit to complete your request.
Apply for Financing on your BuyNow Transactions: You can select diamonds in your BuyNow cart and apply for financing.
2. Suppliers – Request Financing on your Diamonds
Go to Manage My Diamonds to apply for financing on your diamonds.
The Finance button is available for single or multiple diamonds via the 3-dot menu.
The process follows the same steps as buyers, with an option to request financing using listed diamonds as collateral.
Notifications & Confirmations
Once a finance request is submitted, the finance request date is recorded next to the Finance button.
Emails are sent to:
The financing partner, detailing the request and customer information.
The RapNet member confirmed their financing request.
The finance partner will respond with an estimate.