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Pawn Shops: New Image for an Old Industry

By   /  July 30, 2013  /  Pawn Shops  /  No Comments

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The pawn business has experienced significant growth in the past few years, but the industry has been around for thousands of years. Pawnbroking goes as far back as 3000 years in history with pawn shops in Imperial China.  They were common in ancient Greece and Rome as well.  Queen Isabella of Spain is believed to [...]

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Pawnbrokers Expanding Business

By   /  April 21, 2013  /  Pawn Shops  /  No Comments

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Pawnbroking is a business that thrives even in hard time, and many pawnbrokers are expanding their business.  In the United States, Beverly Loan Company has expanded with a new branch opened this spring- New York Loan Company.  In the UK, Nathan Finch of Pickwick Pawnbrokers says that 22 years ago when he started working for [...]

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Pawn Brokers Seeing More High-End Business

By   /  February 9, 2013  /  High End Pawn  /  No Comments

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High-income but hard up business executives are cashing in on their “big boys’ toys” to get them through to payday.  Spokesperson for the NSW Pawnbrokers Association, Laurie White, said, “They use us to get out of the red and back into the black again.”  Pawnbroking is asset-based lending where customers receive a percent of the [...]

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British Pawnbrokers Fill Gap in Credit Services

By   /  January 3, 2013  /  International Pawnbrokers  /  No Comments

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When Josh Fish began working for the family pawnbroking business in the 1950’s, the industry was quietly dying.  Now he is seeing the industry boom, and Fish Brothers has opened three new stores this year as well as refurbished its five older shops.  “Since the Second World War, if you wanted money, you had to [...]

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United Kingdom’s NPA Annual Conference a Success

By   /  October 30, 2012  /  International Pawnbrokers  /  No Comments

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United Kingdom’s National Pawnbrokers Association’s 81st annual conference took place this month with a theme of excellence in pawnbroking.  It was described by the Birmingham Assay Office as “a lively affair with pawnbrokers generally upbeat and positive as their businesses continue to prosper.”  There was a variety of guest speakers.  Birmingham’s Fellows Auctioneers spoke on [...]

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