Loading...
You are here:  Home  >  Collateral Loan  -  Page 2
Latest

Personal Asset Lenders taking the Place of Banks

By   /  April 25, 2013  /  Collateral Loan  /  No Comments

pic14

When you need a loan to start or new business or you’re just looking for cash to take a once-in-a-lifetime vacation, your first thought might be a bank loan.  This option, however, is less than ideal as banks have tighter lending restrictions and lengthy wait times.  To get a bank loan you’ll have to do [...]

Read More →
Latest

Use of Fine Art as Collateral on the Rise

By   /  April 21, 2013  /  Collateral Loan  /  No Comments

pic11

The art market is booming with a record breaking year at auction in 2012, and loans against fine art are the latest trend in collateral lending.  Pawnbrokers are seeing more and more valuable pieces coming through their doors.  With traditional sources of financing becoming more and more difficult to get, people are using their high [...]

Read More →
Latest

How to Open a Pawn Shop

By   /  January 25, 2013  /  Collateral Loan, Home, Pawn News  /  No Comments

how to open a pawn shop

If you follow pawn news at all, you’ll know that pawn shops are thriving right now.  Opening a pawn shop is not a simple process, but if you’re willing to follow the right steps and if you have or are willing to learn the skills and knowledge it takes to be a pawnbroker now is an [...]

Read More →
Latest

Pawning Helps Small Businesses in a Struggling Economy

By   /  December 8, 2012  /  Collateral Loan  /  No Comments

pic23

There seems to be a prevailing mental image of the stereotypical pawn shop owner trying to rip you off from behind the counter of a seedy-looking store with a flickering neon sign.  Thanks to a struggling economy and heightened exposure of the industry through reality television, this harsh view is softening.  In fact, many small [...]

Read More →
Latest

Pawn Shops a Viable Lending Option for Families under Economic Stress

By   /  October 27, 2012  /  Collateral Loan, Pawn Shops  /  No Comments

pic13

Pawn shops have evolved from a shady last resort to a viable lending option for families with poor credit.  According to Paige Marta Skiba, associate professor of law at Vanderbilt University, pawn shops are becoming more legitimate.  She calls pawn shops a “more efficient Craig’s List.”  The appeal to a pawn loan says Skiba is [...]

Read More →
Latest

Art Collectors use Collections for Collateral Loans

By   /  October 5, 2012  /  Collateral Loan  /  No Comments

pic2

There is a recent trend in wealthy individuals using their art collections as collateral for loans.  Audie Cornish of NPR interviewed Marion Maneker, publisher of Art Maker Monitor, about the practice.  Maneker tells Cornish that while the practice isn’t new, more significant people are using their art as collateral.  For example, Michael Steinhard used a [...]

Read More →
Latest

Art Related Financing on the Rise

By   /  October 2, 2012  /  Collateral Loan  /  No Comments

pic22

Industrialist Peter Brant is ranked as one of the largest contemporary art collectors in the U.S.  The one-time billionaire is using part of that collection to help recapitalize his family newsprint business.  He’s pledged 56 artworks as collateral for a loan including pieces by Andy Warhol, Richard Prince and Jean-Michel Basquiat.  Brant is not the [...]

Read More →
Latest

Gold Standard Ltd Launches Secured Loans Service

By   /  October 2, 2012  /  Collateral Loan  /  No Comments

pic24

Gold Standard Ltd is listening to customer feedback and launching a loan service.  The company is doing well as people are looking to capitalize on high gold prices.  “Over the last six months, we’ve also had an increasing number of customers who are facing financial need or an upcoming purchase that would also like to have the [...]

Read More →
Latest

Borrowing Money with the Least Risk

By   /  August 2, 2012  /  Collateral Loan  /  No Comments

Borrow Money

While borrowing money should be a last resort, sometimes it’s necessary when you’re in a pinch between paychecks. Choosing where to borrow your money from can be the difference between a temporary shortage on cash to long-term financial struggle. Financial experts agree that some options are less risky than others. One of the least risky [...]

Read More →
Latest

Pawn Shops Provide Another Option for Those in Need of Short-term Loans

By   /  July 17, 2012  /  Collateral Loan, Pawn Shops  /  No Comments

shorttermloan

Once associated with dingy storefronts and desperate customers, pawn-brokering is giving high-end clientele another financing option in the wake of the recession, credit crunch and slow economic recovery. Emmett Murphy, a spokesperson for the National Pawnbrokers Association says, “We’re seeing an increase in these kind of stores in Beverly Hills and other affluent neighborhoods.  People [...]

Read More →