Featured Press

Category : Featured Press

The wealthy are using pawn shops to finance their business ideas
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Posted in: Featured Press

Wealthy people looking to fund new ventures are turning to their Rolexes and art collections as collateral for quick and easy loans from high-end pawn shops. Business owners say the trend points less to financial distress and more to customers eager to seize money-making opportunities. Wealthy people looking to fund new ventures are turning to […]

A Birkin Bag in the Box Is Worth a Lifetime of Debt
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After she lost her job, Angela Rivers found herself in need of some quick cash. Instead of heading to her bank, she delved into her Brooklyn closet. An avid shoe and handbag collector, she took out her cherished chocolate brown Birkin and went across the river to Manhattan, where she had an appointment in the […]

Academy Rules Can’t Stop Pawn Shop Oscar Sales
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On the third floor of a nondescript Beverly Hills office building, past an armed security guard and beyond a glass case full of diamond jewelry, is a gleaming Academy Award. But this trophy wasn’t awarded to any of the staff, or to anyone related to them. This Oscar was pawned. Beverly Loan Co., “the pawnshop […]

Pawn my handbag: How women use designer accessories to raise cash
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When Sophie was short of cash to buy her dream studio apartment in London, she decided to pawn her £8,000 ($10,000) Hermes Birkin handbag that her fiancé got her for their two-year anniversary. “It was the most practical thing to do. I would have unnecessarily paid more interest if I had gone for a higher […]

Male-dominated pawnbroking is actually a great career choice for women
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Traditionally considered a male-dominated field, pawnbroking has changed in recent years. While reality shows like ours have certainly impacted the image of the pawnshop, the influence of women in the industry cannot be overlooked. In honor of Women’s History Month, we wanted to take a look at a few who have personified what it means […]

Comments Off on Pawnbroker to the Stars Predicts a Banner Year for Collateral Lenders
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BEVERLY HILLS, Calif., Jan. 6, 2015 /PRNewswire/ — Jordan Tabach-Bank, CEO of two luxury pawn shops, Beverly Loan Companyand New York Loan Company, anticipates a record-setting year for asset-based lenders focused on high-end items, particularlydiamond jewelry and fine watches. Photo – http://photos.prnewswire.com/prnh/20150105/167057LOGO Photo – http://photos.prnewswire.com/prnh/20150105/167058 “Our business has records dating back to the 1930s and pawn loans have become a mainstream financing option for […]

Uncorking the City: Pawning the Petrus
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Hard up for cash and need a fast loan? There are pawnbrokers all over Greater New York who will take your gold, your diamonds, even your car. And two are willing to take your Mouton, your Petrus and your Domaine de la Romanée Conti. Both Borro Co. and New York Loan Co. have added fine […]

Collateral Loans on Gold and Silver Coins
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Beverly Loan Company, Beverly Hills’ premier confidential collateral lender, has announced that it has begun making large pawn loans on gold and silver coins. For over 75 years Beverly Loan Company has been the go-to collateral lender for diamonds, signed jewelry, fine watches, sports and entertainment memorabilia, and fine art. Coins are the most recent […]

Comments Off on Jordan Tabach-Bank of Beverly Loan on American Public Media’s Marketplace with Kai Ryssdal
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Jordan Tabach-Bank of Beverly Loan was interviewed for radio broadcast of American Public Media’s Marketplace with Kai Ryssdal.

Pawn shops enter holiday-shopping fray
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As retailers like Tiffany & Co., Saks Inc., Best Buy Co. and Wal-Mart Stores Inc. vie for last-minute holiday sales, customers are being drawn away by a growing crop of competitors: pawn shops.