When a client pays late, a freelance designer can use a Rolex as collateral to...

https://andresssmartcolumns.talesignal.com/posts/diamond-banc-beverly-hills-rolex-loan-review-a-practical-playbook-for-creatives

When a client pays late, a freelance designer can use a Rolex as collateral to cover rent or production costs without selling it. A lender may offer a 30% structure, with the watch securing the loan while the next check catches up.