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Beverly Hills pawnshops are booming

July 21, 2009 · Filed Under pawnbrokers, pawnbroking, pawnshop · Comment 

Leading financial analysts, Bloomberg and the Wall Street Journal, report that the pawnbroking business in Beverly Hills is at an all time high.

Beverly Loan is a pawnshop, but not just any pawnshop! It’s the kind that caters to people who pledge Cartiers, Harley-Davidsons and Oscar statuettes to secure short term loans.

Jordan Tabach-Bank, the chief executive officer of Beverly Loan Co. in Beverly Hills, California commented, “I’ve never seen so many bankers, lawyers, doctors and actors with valuable things to pawn”.  With credit drying up at regular lenders, pawnbrokers are increasingly seen as the most reliable and readily available source of short term finance.

Borro.com, the world’s first online pawnbroker, takes pawnbroking to a new level.  It’s much more discreet, convenient, safe - and fast - with Borro.com.  All goods are shipped by pre-paid, fully insured courier, and as Borro.com is UK government regulated, all Borro contracts are approved by the Office of Fair Trading.

Everything is arranged at home, on your pc, and all loans are electronically transferred, into any UK bank account you wish to nominate - often within 48 hours of application.

With a Borro loan, you know you will never get in over your head, or take on a debt that you cannot afford.  Unlike many other alternative short term lenders, a Borro contract is totally transparent: no credit checks, no setup fees, no admin charges, no early settlement fees (you only pay interest during the time you use the loan, and you can pay it off anytime, without any extra cost), no late payment fees and no default charges.

Even if you decide not to extend or pay off your loan, you will be given ample notice if your pledge is to be sold to settle the matter, and any money left over will be sent straight back to you.

Borro.com offers asset-backed loans from £100 - £100,000 for 1 - 6 months (extendable by mutual agreement) against personal valuables of all kinds, such as gold, diamonds, jewellery, watches, art or antiques.

If you want a secured loan or collateral loan, whether it’s a personal loan, small business loan, home loan, bridging loan, car loan, student loan or debt consolidation loan, if you have appropriate collateral, you will always get an asset-backed loan from Borro.com - without any intrusive questions or bureaucratic delays.

Fast cash is easy cash at low rates with online pawn shop, Borro.com.  Compare interest rates with a typical alternative lender, such as a pay day loan company.  Interest rates often start at 25% upwards.  Borro.com is cheap by comparison.  Borro’s 4% - 6% short term rates are highly competitive.

If you need an affordable, no risk, low interest rate loan, visit short term loan provider Borro.com today.

Pawnbrokers Are Set To Expand!

June 29, 2009 · Filed Under pawnbrokers · Comment 

Pawnbrokers Are Set To Expand!

Let’s face it, the banks are just not cutting it!  First, they threw all their shareholders’ money away on get-rich-quick scams that were bound to fail; then they begged the Government to order the taxpayer to bale them out; and finally, now they’ve been saved by our cash, they’re refusing to lend it back to us!

So, it’s no surprise that pawnbroking businesses are on the increase.  For many years now, prudent Government regulation has consigned the antiquated, Scrooge-like image of the 19th Century pawnbroker to be a thing of the past.  But a more fundamental change is being brought about by the fact that in today’s credit-crunch climate, customers are increasingly positive about a source of personal finance which they consider to be not only reliable, but also readily available.

So, it’s easy to see why pawnbrokers are expanding so much at this time.  There are differences of opinion, however, about exactly how that expansion will manifest itself.  Some observers expect most of the expansion to happen on the high street.  However, the more astute are putting their money on on-line expansion.

Paul Aitken, CEO of Borro Limited, the world’s first online pawnbroker explains:

“There is no doubt that, because there is little sign of the banks loosening up their lines of credit any time soon, the High Street is bound to see a proliferation of pawn shops.  However, this will probably be restricted to the traditional segment of the pawnbroking business at the lower end”.

Paul continued, “With the introduction of pawnbroking online, we have seen a massive upward shift in demographics of those using this form of personal finance via our website.  There are many solid, middle class and up-market customers suffering short term financial issues, who are just not being served by the banks, but who would tend to shy away from being seen in a high street pawn shop”.

“However, the online service they get from Borro.com creates a very different perception, and offers a very different experience.  It’s totally discreet, convenient and fast!  It’s all done online, at home, on the customer’s pc, and all goods are transferred to and fro by fully insured courier.  Most importantly, because of efficiencies and economies of scale, online pawnbrokers are in a better position to pass the benefits onto customers in the form of more competitive interest rates and loan-to-value offerings.  For my money, the future of pawnbroking is online!”

Borro.com offers loans between £100 - £100,000 for 1 - 6 months (extendable by mutual agreement) at 4% - 6% per month (subject to pledge valuation).  This is much more affordable than the 25% upwards charged by the typical pay day loan company, and much more flexible than many other alternative, short term loan providers.

Fast cash is easy cash at low rates with Borro.com.  For a personal loan, collateral loan, short term loan or secured loan, check out Borro.com.  There’s no need to sell your valuables when you can get cash for gold and jewellery or money for art and antiques in the form of a loan from online pawnbroker, Borro.com.

Visit Borro.com today, or phone us on 0800 756 9877.

Sell Your Stuff Online

Sell Your Stuff Online

Looking to sell your stuff on line?  Why not pawn it?  That way, you can get the short term loan you need, and get your goods back when you pay it off.

UK Pawn Shop, Borro.com is the first UK Pawnbroker to work totally online.  Borro.com’s online pawnbroker service offers short term loans from £100 to £100,000 for 1 to 6 months at 4% to 6% interest per month.

A UK short term loan from Borro.com is cheaper than short-term loans from a UK pay day loan provider, who will typically charge 25% upwards.  UK collateral loans from Borro.com are also more flexible.  Many so-called short term loan providers only lend multiples of £1,000s for years at a time, impose heavy financial penalties if you pay off the loan early, and if you default, they pile on the charges and interest, often causing uncontrollably mounting debts, asset seizures and repossessions!

You get none of that with online collateral loans – ever!  Borro.com is licenced by the Office of Fair Trading, and an online collateral loan from Borro.com is regulated by a government approved contract, giving the borrower every possible protection.  UK secured loans from Borro.com guarantee no hidden extras, no credit checks, no court actions, no bailiffs, no asset seizures, no repossessions – ever!  With Borro.com, what you see is what you get.

A secured loan from Borro.com is discreet, convenient, easy – and fast!  UK online pawn shop, Borro.com often advances loans within 48 hours of application.  You can do it all from your pc at home.  Online pawn shop, Borro.com, collects pledges anywhere in the UK, and transfers UK personal loans electronically, directly into any nominated UK bank account.

Online pawnshop, Borro.com, will advance a UK personal loan or personal secured loan against personal valuables of all kinds, including jewellery, watches, gemstones, art, antiques and memorabilia.

Don’t waste time on the high street looking for a local pawnbroker.  Get a loan on gold watches or cash for diamonds from online pawn broker, Borro.com.  Gold for loan in the form of a UK fast cash loan can be negotiated from UK loan provider, Borro.com, online 24 x 7.  So, if your word search is uk personal secure loan, personal secure loan, secure loan or personal loan, get online to Borro.com.

Collateral Lending – Today’s Most Flexible Bridging Finance

Having trouble getting a bridging loan to complete your house move?  Or do you need a cash loan to supplement the cash deposit for your new house?  Borro.com has the solution.  Unlike today’s credit-crunched banks with their intrusive questions, and interminable bureaucracy, anyone can get an immediate collateral loan from Borro.com, regardless of credit rating or financial status.

Bridging loans in the form of collateral loans from £100 - £100,000 for 1 – 6 months are always available from Borro.com.  You can get fast cash for gold, watches, art, antiques, sporting or entertainment memorabilia or jewellery by pledging your personal assets in exchange for a UK short term loan from Borro.com.

Bridging loans from Borro.com are totally confidential, convenient and fast!  Everything is done from your pc in the privacy and comfort of your home.  Borro.com arranges fully insured couriers to pick up your pledge, and transfers your bridging loan electronically, directly into your UK bank account.

Bridging loans from Borro.com are very flexible. UK pay day loan companies typically only advance small amounts for very short periods of time, and charge anything from 25% interest per month upwards.  Borro.com only charges 4% - 6%!

Many so-called short term UK loan providers are anything but!  They will only lend high amounts for periods in multiples of years, and there are often stiff penalties for early settlement.  You can pay off your UK personal loan from Borro.com anytime you like, paying interest only during the period you actually use the loan – with absolutely no penalties for early settlement.

A bridging loan from Borro.com is a no risk loan.  No credit checks, no debt collectors, no threatening letters, no court appearances, no bailiffs, no repossessions – ever!  Even if you decide not to extend or pay off your bridging loan after six months, the worst that can happen is that your pledge is sold to pay off the loan, interest and expenses and any cash balance left over is returned to you immediately.

So, for today’s most flexible bridging loan, get online to leading UK online pawn broker, Borro.com.  All UK pawnbrokers are government licenced, and all pawn contracts are government regulated – ensuring you, the lender, every possible protection.

Try online pawn shop, Borro.com for a pledge loan, cheap short term loans, loans against jewellery, easy loan services and quick decision loans of all kinds.

The most flexible personal loans are affordable too!

January 14, 2009 · Filed Under pawnbrokers · Comment 

Many short term loan companies only lend multiples of £1,000s for multiples of years at a time.  Borro.com lends £100 - £100,000 for 1 – 6 months.

Many UK pay day loan companies, bad credit loan providers and doorstep lenders charge anything from 25% per month upwards.  Borro.com charges 4% - 6% per month for totally affordable short term cash flow solutions.

Borro.com is the world’s first online pawnbroker, and is regulated by the UK government.  All Borro’s contracts are approved by the Office of Fair Trading, so borrowers enjoy every possible legal protection.

A personal loan from Borro is a no risk loan.  Unlike most other forms of secured or unsecured loan, an asset loan from Borro can never get out of control.  Even if you decide not to pay back your collateral loan, the worst that can happen is that your pledge is sold to pay off your loan, and any cash left over is sent straight back to you.

With a pawn loan from Borro, you are always in control.  There is no risk of intrusive questions, long delays, credit checks, debt collectors, court actions, bailiffs, asset seizure or repossessions - ever!

As Borro.com operates 24/7 online, you can arrange everything at home, on your pc.  If you have appropriate collateral in the form of jewellery, gold, watches, art, antiques, or any other similar personal valuables or assets, you will always get a secured loan from online pawn shop, Borro.com.

At Borro.com, fast cash is easy cash at low rates.  For an affordable short term loan which is also a low interest rate loan, check out leading online short term loan provider, Borro.com.

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