Up to $500,000
Estimated Repayment Terms
Starting at 7%
Speed of Funding
As fast as 1 day
In the world of loans, pawn stores provide a necessary service – giving those who need cash a way to exchange their goods for capital. These types of small businesses need to have a large amount of liquid capital to be able to function properly.
Sometimes, pawn shops run into an issue where too much of their capital is tied up in physical items to be able to cover operating expenses comfortably. When this happens, the business owner may look for a fast merchant advance to enable them to receive more working capital.
Pawn Shop Business Loans vs Pawn Shop Business Funding
In most cases, a bank probably isn’t the best choice for a pawn shop owner loan. Banks can take 90 days or, in some cases, as long as six months to approve or reject an application for funding. In that amount of time, a lot of things can change in a pawn business.
Thankfully, there are alternatives to banking institutions. Many shop owners have found that the best business lines of credit are available online. Our funding approach at Fast Capital 360 is different from the big banks.
|Fast Capital 360 Funding||Traditional Bank Loans|
|Less than 10 minute application process||Extensive paperwork and identity checks|
|Find out what you qualify for in 60 minutes||Up to 90 day waiting period|
|Receive your funding in one business day||Can take nearly six months to process your loan|
|Clear terms and agreement||Confusing contracts and hidden fees|
Why Choose Fast Capital 360 For Your Pawn Store?
Fast Capital 360 works with business owners to find the right funding options at the right time for them. Even if a pawn store owner needs unsecured business loans for bad credit, we can help. We’ve proudly funded thousands of businesses across the U.S., and they’ve responded by voting us number one in merchant cash advances on CrowdReviews.com.
By providing fast funding for working capital to pawn store owners, we’ve become a trusted resource in the industry. Instead of requiring that business owners pledge personal assets, the majority of our funding options are unsecured.
As a member of the Responsible Business Lending Coalition, we ensure that all of our contracts and agreements are written in a clear and understandable manner. You’ll never be surprised by your payment or deal with the hidden fees normally associated with pawn shop loans.
As a small business owner, your time is extremely valuable. Rather than waiting around for months at a time to receive your funding our application process takes the average user less than ten minutes to complete. Once your application is approved, you can receive your cash flow in as little as one business day. That means it’s possible for you to go from application to cash in under 24 hours.