Using Pawn Financing to Secure An Business Loans

Using Pawn Financing to Secure An Business Loans
Getting a non-traditional financing loan for your business will help your get the money for your business fast.
Apache Junction, Arizona

Starting a new business in Apache Junction can be an exciting prospect, and it can lead to financial independence and a great sense of personal empowerment. However, getting the financing to start a business can be quite difficult. Many avenues are available for financing, such as banks, investors and other lending institutions, but getting the financing you need could prove difficult.

Turning your attention to non-traditional financing options can help you get the money you need to start your business. Getting a pawn loan is one option that you might overlook but that could be the solution you need. Here are a few reasons why a pawn shop might be the best place to look for the money you need to start your new business:

No Need for Collateral

Traditional lending institutions require collateral for a business loan. Collateral most often includes items like a house, expensive car or savings. However, you may not have collateral like this to put up, or you may not want to risk these items by offering them as security against the loan. You don’t need that kind of collateral for a pawn loan. You can just offer up items that you no longer need or that have a lower value. Things like computers, appliances, and electronics may not be suitable collateral for a traditional loan, but they can collectively help you raise enough money through pawn loans.

Lower Rates

You may be surprised to learn that a pawn shop will offer you lower rates than what you would likely get at a traditional lending institution. The lower rates will make the loan more affordable and, therefore, more accessible. The loan won’t be as much of a burden to pay off while you are struggling to turn profits at your new business. Unlike with venture capitalists, you also won’t have to pay out a big portion of your profits. You’ll get the money you need and keep the yields for yourself.

More Attainable

When you apply for a traditional business loan, you will need sterling credit. However, anyone can get a pawn loan, regardless of your credit history or business experience. All you need are possessions to pawn. Then you get the money you need, which you can funnel into your new business. You don’t even have to take the loan to get the money. You can simply sell your items at the pawn shop to get the cash.

You don’t have to let financing be an impediment to opening your own business in Arizona. Pawn Now offers low-rate pawn loans on everything from electronics to aircraft. We have written loans ranging from $2 to $1 million. In about 10 minutes, you can pawn your belongings and get the money you need. Of course, if you don’t want the loan, you can sell the items for immediate cash. We have a large facility, so we can accommodate any items you wish to pawn. Everything you pawn is safe and secure.

Published By:

Pawn Now

Pawn Now Phoenix – 85043
691 W. Baseline Rd.
Phoenix AZ 85043
Phone +1 602 276-1664

Pawn Now Phoenix – 85022
14601 N Cave Creek Rd.
Phoenix AZ 85022
Phone +1 602 765-4444

Pawn Now Phoenix – 85019
4135 W. Indian School Rd.
Phoenix AZ 85019
Phone +1 602 442-2160

Pawn Now Mesa – 85207
8151 E. Apache Trail‎
Mesa AZ 85207
Phone +1 480 964-6666

Pawn Now Mesa – 85210
1145 S. Mesa Dr.
Mesa AZ 85210
Phone +1 480 668-1009

Pawn Now Chandler – 85225
1731 N. Arizona Ave.
Chandler AZ 85225
Phone +1 480 821-7296

Pawn Now Apache Junction – 85120
900 W. Apache Trail
Apache Junction AZ 85120
Phone +1 480 288-7296

Pawn Now Mesa – 85204
361 S. Lindsay Rd.
Mesa AZ 85204
Phone +1 480 777-7771

Pawn Now Scottsdale – 85257
7841 E. McDowell Rd.
Scottsdale AZ 85257
Phone +1 480 300-4653