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Business Loans
For Jewelers

A quick business funding process that offers same day business loans for business owners.

  • Get up to $1M funded the same day
  • Flexible terms from 6 months to 3 years
  • Competitive rates on all loan programs
  • Minimal documentation required
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jewelers

It’s a strong time to be in the jewelry business. The global jewelry market was valued at $232.94 billion in 2024 and is expected to grow steadily to $343.90 billion by 2032, with a CAGR of 5.10%. With demand rising across markets—especially in Asia Pacific, which held a 39.28% market share in 2024—jewelry business owners have a major opportunity to grow their brands and boost profits. Whether you’ve recently launched your shop or you’re looking to expand an established jewelry business, having access to reliable funding can help you scale faster and compete more effectively.

At Shield Funding, we specialize in helping jewelers secure the capital they need to succeed. With over a decade of experience funding jewelry businesses, we understand the unique needs of the industry and work quickly to match you with the right loan options.

Apply For Your Business Loan Today!

What Do I Need to Qualify?

Below is a list of the general requirements to get approved for business funding with our basic program.

  • Business Bank Account
  • 4 Months of Bank Statements
  • Average 10K Monthly Revenue
  • Positive Bank Balance

How Do I Apply?

Applying has never been easier. You can either call our toll free number 24 hours 7 days a week at:

(888) 882-6117

OR

Submit your online application by clicking apply below and entering a few basic details about your business.
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The Best Business Loans For Jewelers in 2025

Small Business Loans

A standard short term business loan will be a big help in expanding your jewelry business. You can get up to $1,000,000 from Shield Funding to help grow or expand your business. What can you use that money for? Anything you want. You can use it to buy a new location or get a headstart on your rent payments. Buy expensive equipment to start making custom set or engraved jewelry. Hire more help. Install a better security system.

A term small business loan can be used for almost anything related to your business. And because you have the flexibility to get loans for anywhere from three to 36 months, you have a lot of options. You’ll pay between 5–45% interest, depending on your credit and business financials. Because many jewelers are women, it’s also worth noting that we offer small business loan options specifically for women.

Business Line of Credit

Term business loans are good for big purchases or getting a storefront set up, and equipment loans are specifically for equipment. But what do you use for your day-to-day expenses like paying for advertising opportunities? Or getting a broken jewelry engraver fixed? When expenses come up quickly, it’s good to be prepared. And that’s what a business line of credit is for. And for businesses like jewelry-making that have high inventory turnover and lots of various base materials, that can be a lifesaver.

Remember that keeping your inventory cases full is mandatory. If you don’t have enough stock, your business is going to suffer. A business line of credit helps you avoid that. Shield Funding offers lines of credit up to $250,000. So whatever problem or opportunity you run into, you’ll be ready to take advantage (or fix it). And because interest rates are between 5 and 10%, you don’t have to worry about accruing huge amounts of debt.

Equipment Financing

Do you want to buy a CAD station to design your own jewelry? Casting tools for creating your own custom designs? A laser cutter to offer something new? You need cash for those things. Some jewelry equipment can be remarkably expensive; a large laser cutter can be $10,000 or more. Unless you have the cash on hand to pay full price, financing is necessary. These business loans are specifically for equipment, so you might be able to get lower rates than you would with a standard term business loan. The equipment itself also serves as the collateral, so you don’t need to worry about putting up additional collateral to qualify.

There are a couple disadvantages of equipment loans, though. First, you may need to put down a down payment on your equipment. And that can be up to 20% of the cost. So your $10,000 laser cutter might still require a down payment of $2,000. Not an insubstantial amount. The second disadvantage is that many equipment-specific loans require good credit. You may need a 650 or 700 credit rating to qualify. If you don’t mind those conditions, though, equipment loans will help you buy the expensive equipment you need for your jewelry shop.

Merchant Cash Advance

Like a business line of credit, a merchant cash advance is great for the day-to-day expenses of running a jewelry store. Maybe you need to buy a new display case to show off more of your wares. That’s $1,000 you weren’t planning on spending. Or there’s a big sale on raw materials that you can use to make jewelry. You know that stocking up will save you money in the long run, but it could put a big dent in your bottom line for the month. You might use it for an ad campaign during the busiest time of the year for jewelry stores. Instead of scrounging the cash together, you can use your merchant cash advance.

The previous financing options on this list are repaid in the familiar way: you make payments on a regular schedule until the balance is paid off. A merchant cash advance is different. Instead of making payments, a specified percentage of your credit card sales are held back to pay off the loan. And like a business line of credit, you can get up to $250,000 from Shield Funding. Interest rates are higher, at 24–49%, but the added convenience of having your payments automatically taken out of your credit card transactions is often worth it.

Bad Credit Business Loans

Just because you have bad credit doesn’t mean you can’t get a business loan to grow your jewelry business. As long as you have a credit score of 500 or above, we’ll work with you to find a loan that meets your needs. Keep in mind that your terms and rates may be less flexible if you have bad credit.

You’ll need to prove that you have at least $8,000 in monthly revenue and that you’ve been in business for two months or more. And you won’t get an interest rate below 12%. But when you need cash to build your business, a bad credit small business loan will help. And if you have bad credit, there’s little chance that you’ll qualify for a loan from a traditional bank.

Apply Directly to One Source!

Work with a direct lender and get a business loan as fast as the same day. Shield Funding offers competitive rates and terms on all it’s funding programs. Apply now with a trusted lender that has been helping business owners secure working capital for almost two decades.

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Additional Jewelry Business Funding Programs Available

SBA Business Loans

The U.S. Small Business Administration (SBA) 7(a) loan is one of the most popular government-backed options for jewelers. These loans can be used for a wide range of business needs, including purchasing inventory, equipment, real estate, refinancing debt, expanding your store, or covering working capital. SBA 7(a) loans are available through both traditional banks and credit unions, and they typically offer competitive interest rates, low down payments, and long repayment terms. The application process can be lengthy, but the flexible use of funds and favorable terms make it a top choice for jewelry businesses
For smaller funding needs, the SBA Microloan program offers loans up to $50,000 through nonprofit community-based lenders. These loans can be used for working capital, inventory, supplies, or equipment, making them a good fit for new or smaller jewelry businesses that may not yet qualify for larger financing

Bank Business Loans

Bank of America offers a variety of small business financing options suitable for jewelers, including secured business lines of credit (starting at $25,000), term loans, and SBA loans. Their SBA loans are especially popular, providing long repayment terms, low down payments, and flexible use of funds for inventory, equipment, real estate, or working capital. Bank of America is recognized as one of the best banks for small business loans in 2025, making it a strong choice for jewelers seeking reliable, large-scale financing with competitive rates and robust online banking tools
Wells Fargo is another top bank for small business loans, offering both unsecured and secured business loans, business lines of credit, and SBA loan options. Their loans can be used for purchasing jewelry inventory, upgrading store equipment, expanding retail space, or covering operational expenses. Wells Fargo is known for serving businesses with good to excellent credit and offers flexible loan amounts and repayment terms to fit the unique needs of jewelers
Chase provides business lines of credit, term loans, and SBA loans for small businesses, including jewelry stores. Their business lines of credit are ideal for managing cash flow or purchasing inventory as needed, while term loans can be used for larger investments like store renovations or expansion. Chase is noted for its nationwide presence, digital banking features, and strong customer support for business owners
Truist offers business loans, lines of credit, equipment loans, and SBA loans that are a good fit for jewelers. You can borrow up to $100,000 unsecured or up to $250,000 with collateral, and use the funds for inventory, equipment, or store upgrades. Truist is known for flexible terms, monthly payments, and helpful in-person service at many branches.
TD Bank provides business term loans, lines of credit, and SBA loans that jewelers can use for inventory, equipment, or expanding their store. They offer flexible repayment options, competitive rates, and convenient branch locations, especially along the East Coast, making it easy for jewelers to get personalized support and funding.

Credit Union Business Loans

Navy Federal Credit Union offers business loans, lines of credit, and SBA-backed loans to members who are military service members, veterans, Department of Defense employees, and their families. Jewelers who qualify for membership can use these loans for inventory, equipment, business expansion, or vehicles. Navy Federal is known for competitive rates, strong customer service, and helpful business banking tools, but you must be a business member and provide documents like a business plan and financial statements to apply.

BECU provides business term loans, lines of credit, commercial real estate loans, and equipment financing for jewelers and other small businesses. Membership is open to residents of Washington state and nearby areas, as well as employees of certain companies. BECU is recognized for low rates, transparent fees, and a member-first approach, making it a good choice for jewelers looking for flexible funding and personalized service. Standard business documents are needed for the application process.

USF Federal Credit Union offers unsecured business loans up to $100,000 with five-year terms and competitive rates. Anyone can join by becoming a member of the American Consumer Council, and you can access branches nationwide through their network. The application is straightforward and doesn’t require collateral.

Technology Credit Union provides SBA loans, commercial real estate loans, and business lines of credit, with membership open to anyone who joins the Financial Fitness Association. They offer flexible terms and nationwide access through virtual banking, making it easy for jewelers to get funding.

Affinity Plus offers business loans, lines of credit, SBA loans, and business credit cards. They provide flexible payment options, competitive rates, and personalized service, making it easy for jewelers to manage their business finances.

Grants

The Halstead Grant is a yearly award for new silver jewelry artists across the U.S. The winner gets $7,500 in cash and a $1,000 merchandise gift card, with smaller prizes for finalists. It’s open to those working mainly in silver and helps launch new jewelry businesses with both funding and feedback from industry experts
The SNAG Educational Endowment Scholarships are designed for both students and professionals in the jewelry and metalsmithing field who want to broaden their education. For the 2025 cycle, up to $10,000 will be awarded among recipients, with individual scholarships typically ranging from $250 to $1,000. These funds can be used for educational opportunities in North America, such as courses, workshops, or certification programs directly related to jewelry or metals. Applicants must submit a portfolio and a letter explaining how the scholarship will benefit their practice. Both students enrolled in jewelry or metals programs and professionals seeking to expand their skills are eligible, making this scholarship a valuable resource for jewelers aiming to advance their education and career
CERF+ Get Ready Grants provide funding for artists, including jewelers, to help them safeguard their studios and careers against emergencies. These grants typically support activities like disaster preparedness, risk assessment, and implementing safety improvements in a jewelry studio. While the website was temporarily unavailable, CERF+ is known for supporting craft artists—including jewelers—by helping them prepare for and recover from emergencies, making this grant especially relevant for those wanting to protect their business and creative practice.
The FedEx Small Business Grant Contest is open to small businesses across the U.S., including jewelry businesses. Winners receive cash grants (up to $50,000 in recent years), along with FedEx credits and other business services. To apply, jewelers must have a FedEx account and a minimum of six months in business. This grant is a strong option for jewelers looking to fund business growth, marketing, or new product development, and it also provides national exposure through the FedEx platform.
The HERE WE ARE Awards, part of NYC Jewelry Week, support diversity and creativity in the jewelry industry by offering cash grants to BIPOC and emerging jewelers. The main Exhibition Award gives $5,000 to an experienced jeweler to create a solo show during NYC Jewelry Week, with extra help in marketing and planning. There are also two Emerging Entrepreneur Awards of $1,500 each for up-and-coming jewelers—one in New York City and one outside—helping them grow their businesses and gain exposure. Winners are celebrated at the Rock the Jewels event, which highlights innovation and inclusion in jewelry.
The Tory Burch Foundation Grant is part of the Foundation’s annual Fellows Program, which selects 50 women entrepreneurs each year for a yearlong business development experience. Each Fellow receives a $5,000 grant for business education, access to workshops, coaching, and a strong peer network, along with the opportunity to present their company and attend events in New York City. The program is designed to help women founders grow their businesses through practical training, mentorship, and national exposure. In addition to the grant, participants can access interest-free microloans through Kiva and other resources for business growth. This grant is especially valuable for women jewelers seeking funding, education, and connections to advance their business.

Local Business Loan Programs

The City of Los Angeles offers the EWDD Small Business Loan Program for businesses that can’t get traditional bank loans. Loans range from $50,000 to $700,000 and can be used for inventory, equipment, or working capital. To qualify, your business must create jobs in LA, and you’ll need to provide documents like a business plan and financial statements

Chicago’s 36Squared Business Incubator offers grants such as the EmpowHer Grant, which awards up to $25,000 to female entrepreneurs whose businesses make a social impact. Applicants must report their credit score and pass a background check. The incubator also promotes national grants like the Halstead Grant for jewelers

In North Miami, the Community Redevelopment Agency (CRA) offers grants from $7,500 to $150,000 to help new and existing businesses start or improve their locations. There are also local loan funds and microloans up to $25,000 for small businesses. These programs aim to support community development and business growth.

Philadelphia offers the Business Lending Network Incentive Grant, which can provide up to $35,000 (covering up to 50% of a new loan) to small businesses owned by residents from historically disadvantaged communities. To qualify, your business must have $350,000 or less in annual revenue, five or fewer employees, and be fully licensed in Philadelphia

Learn More About Business Loans for Jewelers

What Are Business Loans For Jewelers?

Business loans for jewelers are a versatile financing option designed to help jewelry store owners access the working capital they need to grow and manage their businesses. Whether you’re looking to purchase new inventory, invest in store renovations, expand your product line, hire staff, or launch marketing campaigns, these loans offer flexible funding that can be used for virtually any business purpose. Loan amounts typically range from $5,000 to $500,000, and many lenders provide fast approvals and funding—sometimes in as little as 24 hours—so you can seize opportunities or address urgent needs without delay.

These loans are often unsecured, meaning you don’t have to put up collateral, and approval is generally based on your business’s revenue and performance. Options like term loans, business lines of credit, and revenue-based financing are available for jewelers with steady sales, allowing you to choose the best fit for your unique needs. Lenders work closely with jewelry business owners to create tailored financing solutions, offering transparent terms and reliable support. No matter your business goals, there are accessible, flexible loan options designed to help you keep your jewelry business thriving and ready for the next stage of growth.

Common Uses for Business Loans For Jewelers

Business loans for jewelers offer fast, flexible funding to help you take advantage of opportunities and manage your store’s needs throughout the year. These loans are ideal for purchasing inventory ahead of busy seasons, allowing you to stock up and secure supplier discounts, or for hiring and retaining staff so you’re ready for increased demand. You can also use the funds for marketing campaigns, upgrading equipment, expanding your store, or covering unexpected expenses—giving you the freedom to invest where it matters most. Many lenders provide quick approvals and funding, sometimes within 24 hours, and you can often choose from options like term loans, lines of credit, or revenue-based financing. With no restrictions on how you use the capital, business loans for jewelers make it easy to keep your operations running smoothly and position your business for growth.

What to Consider Before Getting a Business Loan For Jewelers

What Can You Afford?

Before taking out a business loan for your jewelry store, it’s important to carefully review your cash flow and repayment ability. Assess your monthly revenue, expenses, and profit margins to determine a payment amount that fits comfortably within your budget. Business loans for jewelers come in many forms—including SBA loans, term loans, equipment financing, and lines of credit—with varying interest rates, fees, and repayment terms. While these loans can be used for inventory, equipment, renovations, or expanding your business, it’s essential to understand the total cost and ensure that the repayment schedule won’t disrupt your daily operations. Taking the time to match your financing choice to your business’s needs and financial health will help you use the loan effectively and avoid unnecessary financial strain.

Why Do You Need The Funds?

Before getting a business loan for your jewelry store, it’s important to have a clear plan for how you’ll use the funds. These loans provide flexible financing that can support a variety of needs, such as purchasing inventory ahead of busy seasons, covering payroll, launching marketing campaigns, or hiring extra staff during peak times. You can also use the funds to take advantage of new opportunities, like expanding your product line or opening a new location. Knowing exactly what you need the loan for helps you borrow the right amount, select terms that fit your business, and avoid unnecessary debt. Having a focused plan ensures the loan supports your goals and helps your jewelry business grow smoothly.

Are Business Loans For Jewelers Right For You?

Business loans for jewelers are a flexible way to access working capital for a range of needs, from purchasing inventory and upgrading equipment to expanding your store or launching marketing campaigns. Options include term loans, SBA loans, equipment financing, and business lines of credit, each offering different rates, terms, and repayment schedules to fit your business goals. Before applying, it’s important to review your cash flow and ensure the repayment terms align with your budget, as shorter-term loans may require higher payments compared to longer-term options. Carefully evaluate the total cost of the loan, including interest rates and fees, and consider how the financing will support your jewelry business’s growth or stability without adding unnecessary financial pressure. Taking these steps will help you choose the right loan and use it effectively to strengthen your business.

Exploring the Business Loan for Jewelers Application Process

Common Factors That Impact Your Business Loan for Jewelers Application

When applying for a business loan as a jeweler, lenders consider several key factors to determine your eligibility. While your credit history is reviewed, they place significant emphasis on your business’s overall performance, including how long you’ve been operating, your monthly cash flow, and the consistency of your banking activity. Lenders may also look at your store’s industry trends, seasonal revenue patterns, and your ability to manage financial obligations over time. For example, SBA loans and equipment financing often require documentation of your business’s stability and projected growth, while alternative lenders may focus more on recent sales and cash flow than on credit scores. Demonstrating strong, steady business operations and a clear plan for how you’ll use the funds can improve your chances of approval and help you secure the best loan terms for your jewelry business.

How Much Do I Qualify For?

The amount you can qualify for with a business loan as a jeweler is mainly determined by your monthly revenue and the consistency of your business bank deposits. Lenders typically look at your average monthly deposits and may approve funding for up to 70% or more of that amount. For example, if your jewelry business deposits $50,000 each month, you could be eligible for a loan of around $35,000 or higher. Lenders closely review your cash flow, deposit history, and overall business stability to decide how much funding to offer. Maintaining a strong and steady financial track record can help you secure larger loan amounts and more favorable terms for your jewelry business.

How Does Paying Back The Business Loan for Jewelers Work?

Business loans for jewelers typically feature repayment terms that are straightforward and designed to fit your business’s cash flow. Most loans, such as SBA loans or traditional term loans, are repaid through fixed monthly payments that include both principal and interest, making it easier to plan your finances and maintain steady operations. Repayment periods can range from a few months for short-term loans to as long as 10 or even 25 years for larger or SBA-backed loans, depending on the lender and loan type. Some financing options, like business lines of credit, allow for more flexible repayment, where you only pay interest on the amount you use and can make payments as you draw funds. Before choosing a loan, review the repayment schedule, interest rates, and any potential fees to ensure that the terms align with your jewelry business’s budget and long-term goals. This approach helps you manage regular payments comfortably while supporting your business growth.

What Will a Business Loan for Jewelers Cost You?

The cost of a business loan for jewelers depends largely on the factor rate and the length of the loan term. For example, if you borrow $20,000 with a 12-month term at a factor rate of 1.15, your total repayment would be $23,000, which includes $3,000 in financing costs. Unlike traditional interest rates that accrue over time, the factor rate is fixed and applied upfront, so you know the total repayment amount from the start. Your payment schedule, whether monthly or otherwise, determines how those payments are spread out over the loan term. This structure provides clear, predictable costs, helping you plan your finances while accessing the capital needed to support your jewelry business.

How to Compare Business Loan For Jewelers Lender Options

Interest Rates

This is likely one of the most important benchmarks you will use to compare lending options. If one lender offers a better interest rate than the other and all other things remain the same you can have a good idea of the rate comparison. You must keep in mind that different products such as credit cards or car loans work using traditional financing interest rates and APR, but many alternative funding programs quote in a factor rate or annualized interest rates so try to compare options based on the types of loans they are most similar to. And ultimately it will come down to what you have to pay back when all is said and done.

Payback Amount

When comparing lending options, whether quoted in factor rates, interest rates, or any other framework, what is most important is what you will pay back when all is said and done. For this reason you should always try to look at what you will pay over the entire life of the loan.

Frequently Asked Questions

Yes, jewelers can use their inventory—such as gold, diamonds, and finished jewelry pieces—as collateral to secure a business loan. Lenders will typically require an appraisal to determine the value and may lend up to a certain percentage (often 60–80%) of the appraised value

The value is established through an independent appraisal process, where the current market value of precious metals, gemstones, and finished goods is assessed to determine the amount of financing available

Yes, some lenders specialize in asset-based lending for jewelry businesses, allowing you to use precious metals and gemstones as collateral for larger loan amounts, often with tailored terms and fees

Yes, certain lenders offer unsecured business loans for smaller amounts—often under $20,000—if the applicant has a strong credit profile, eliminating the need for collateral

Yes, personal assets such as appraised jewelry, art, collectibles, or even real estate can be pledged as collateral, especially if business assets are insufficient to secure the desired loan amount

Some lenders offer interest rate discounts if you can fully secure the loan with sufficient collateral, such as inventory, equipment, or even certificates of deposit

Get Started on Your Small
Business Loan

Your best bet is to come up with a solid funding plan before you start your expansion. Not sure where to start? Give us a call and we’ll help you figure out the best funding solution for your business!

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