LET’S GET TO KNOW MORE ABOUT PAWNSHOP
IT IS A FINANCIAL BUSINESS that lenders secured loans to any consumer for a short time. A consumer is only required to bring a valuable item that they leave to a pawnbroker and given a loan which is equal to the value of the item. You are given a short time to repay the loan with interest, when the loan is paid within the time frame the collateral Is returned but if not the item is sold to recover the amount.
Our vision and mission are to give our consumers good services and products without compromising sustainability and profitability, creating a good lapoo with our customers. We accept collateral like jewelry, firearms, electronics, cameras, gold, silver, vehicles, music instruments, watches, televisions, or computers among others. They have to be in a good condition for us to accept them.
HOW CONVENIENT IS PAWN SHOP?
For people without credit or other financial resources pawnshop can help them get the money they need. many do not have any other outlet to get money for an urgent need like an electric bill, baby diaper, and others, this makes it suitable and convenient to get these services.
You can have a business that needs to be added stock or rather to be expanded and has no money to do that but there is a valuable item that is equal to the money needed you can give to take a loan with us and attend to the business need.
A lot of people get tired to go through a long process while applying for a loan which might not go through or even not serve the urgency .with us you may have to sign only one contract that states your loan agreement.
SECURITY OF THE COLLATERAL
All the items are stored in a safe place making sure the item does not lose its value and minimizing other risks like theft, damages, etc
It does not affect the consumer to take other loans from other places like banks, Sacco, and others. Also, it does not check your credit records you can still have other loans and still proceed with our services.
LOANS ARE INSTANT
In other financial institutions, loans take some time for it to go through after a long tedious process but with us, the loan is released immediately.
Losing THE COLLATERAL
If you are not able to pay the loan on time the consequence is that the item will be sold for us to recover the amount making you lose the item which might be more important to you.
LOAN IS LIMITED
This means that you can only get a loan that is equal to the value of your item.
Pawnbrokers have been in business for thousands of years and can be found all over the globe.
In such times where covid-19 has affected so many businesses, economies, and individuals, the pawnshop is here to give a chance to the affected or not lets a partner and save a life. pawn near me EZ