Business owners and entrepreneurs are turning to pawn shops instead of banks for their short-term cash needs. One customer pawned a Picasso to help pay the bills. “I’ve been collecting art for a long time,” he said. “I settled on a Picasso, and pulled it off the wall. Many think of pawn shops dusty shops filled with dubious goods but pawn shops capable of funding a $40,000 art loan are of a different sort. Artists such as Chagall, Warhol and Picasso are common collateral for high-end pawnbrokers. Rather than small loans of $50-$100, upscale collateral lenders average loans of $10,000 and as high as six figures. Art lending is popular but upscale pawn shops take a variety of luxury goods including high-end watches, jewelry and collectibles. For those not looking for loans, shopping at a high-end pawn shop gets you all the luxury goods of an auction house without the drama of the auction.