The Hull Loan System is a diamond brokerage business. We make loans to individuals all of which are collateralized by diamonds. We also sell diamonds and diamond jewelry at discount prices. We are licensed by the Minnesota Department of Commerce under the Minnesota Regulated Lenders Act, and we have been in business since 1939.
To obtain a loan from us, you must own a diamond or piece of diamond jewelry, and the amount we will lend is based on the value of the diamond at auction. We hold the diamond in our possession as collateral and security on the loan.
We are conveniently located in downtown Minneapolis. Our office hours are Monday through Friday from 9:00 AM to 4:00 PM. We do ask that you please make an appointment. No diamonds or cash are stored on site.