Wealthy opportunists are changing the game when it comes to luxury loans and high-end merchandise.
You’ve probably never thought much about pawn shops and what they offer, and I can guarantee you didn’t know that you’ve been missing out on timeless pieces and accessories that you can’t find elsewhere. It’s time to jump on the high Luxury pawn bandwagon, and don’t say I didn’t warn you.
The term “Pawn Shop” often times lends itself to the image of dingy strip mall store fronts specializing in grandmas jewelry and televisions pawned in times of despair. However this isn’t the case in 2015 as pawn shops have taken on a new persona. Luxury Pawn shops are about as close to the seedy pawn stereotype as a Porsche is to a Honda. They are at completely different ends of the spectrum in the luxury and performance they deliver.
Stores such as Boca Raton Pawn located in the heart of South Florida’s destination for the entrepreneurial and innovative have changed the stereotype for the masses. After the economy declined, pawn shops blossomed into a luxury loaning service for individuals who are asset rich and in need of some extra cash. Whether you’re in need of a loan or in the market to buy a luxury item for less; Luxury pawn shops are the move.
Take a minute to forget the seedy stereotype and engage yourself in new opportunity.
Evidently, pawn shops and asset lending plans are very similar: The borrower applies with the lender in hopes of obtaining a loan based on the value of their asset. As collateral the borrower hands over their asset for safe keeping. The borrower later pays back the loan including interest, then takes back the asset if they paid their balance or forfeits the asset for the lender to sell if they do not pay back the loan. Pawn shop transactions are very quick and efficient, they realize you need the cash quickly and don’t go through all of the procedures that banks would. Luxury pawn shops such as Boca Raton Pawn offer interest rates as low as 4% without the hassle of borrowing from a bank. These high-end companies are seeing more wealthy clients come in to get loans not just for personal cash flow, but for business purposes. Many of them need cash immediately, and some do not want to risk a credit check. These lenders don’t care about your credit, they care about the value of the collateral.
Don’t let one of a kind timeless pieces pass you by.
Are you in the market for a timeless designer handbag? or maybe a vintage Rolex? even one of a kind engagement rings that can’t be found in today’s market? I suggest you do your research before paying full price for these expensive items. The merchandise in high-end pawn shops goes through extensive procedures before being put on the market, ensuring all of the goods are completely authentic and of the highest quality. Luxury Pawn shops attract customers that are opportunistic and accepting of the history that adds value to their purchases.
