本文发表在 rolia.net 枫下论坛I have never gone to a pawn shop, and I don’t prepare to go. But for some people, pawning provides alternative loan to fast cash for their business or family. "Pawning is like an emergency kit to your business"– a campaign for a Pawn shop - Zillidy posted on Toronto Star newspaper by a professor in Top Business school.
It works in this way: the client fills a form describing their assets as collateral and submits online; a short term loan will be approved based on the assessed value of their assets; the client ships their asset such as a luxury watch to the pawn shop, a loan will be deposited immediately to their account; the pawnshop normally charges interest around 3% monthly, and the client can get their collateral back while they have the money. Like the bricks and mortar counterparts, Zillidy will keep the item or restructure the loan if a client elects to default . The loan can be $5,000 to $ 50,000, but the average loan is $10,000.
It may be good news for those who are asset rich but suddenly pressured for cash. It’s also good news for entrepreneurs who struggle to secure their loans from skittish bank. Pawning has been blooming since 2008 credit crunch in American, and it moved to Canada now, and by taking online business, it tries to trailblaze an alternative-lending industry for Canadian business people with the humble roots.更多精彩文章及讨论，请光临枫下论坛 rolia.net
It works in this way: the client fills a form describing their assets as collateral and submits online; a short term loan will be approved based on the assessed value of their assets; the client ships their asset such as a luxury watch to the pawn shop, a loan will be deposited immediately to their account; the pawnshop normally charges interest around 3% monthly, and the client can get their collateral back while they have the money. Like the bricks and mortar counterparts, Zillidy will keep the item or restructure the loan if a client elects to default . The loan can be $5,000 to $ 50,000, but the average loan is $10,000.
It may be good news for those who are asset rich but suddenly pressured for cash. It’s also good news for entrepreneurs who struggle to secure their loans from skittish bank. Pawning has been blooming since 2008 credit crunch in American, and it moved to Canada now, and by taking online business, it tries to trailblaze an alternative-lending industry for Canadian business people with the humble roots.更多精彩文章及讨论，请光临枫下论坛 rolia.net