Beverly Loan Company is a high-end pawn shop three floors above the Bank of America branch on Santa Monica Boulevard. CEO Jordan Tabach-Bank’s grandfather started the company 75 years ago.
By: Jeff Tyler Marketplace As the economy has suffered, one business model has thrived: the pawn shop. In fact, this may be the golden age of pawn. The number of pawn businesses has increased by half in the last five years to around 10,000 shops. And over that same time, the average pawn loan has … Continue reading Pawn shops experience boom in hard times
By: Charles Passy With holiday bills starting to come due, even some affluent Americans may be looking for a source of quick cash. But these days, the wealthy are increasingly likely to be wooed by lenders from a place outside the traditional financial realm—the local pawnshop. In recent years, the pawn industry, once saddled with … Continue reading Pawnbrokers pitch loans to kings and queens: Shops go upscale, as Beverly Hills pawnbroker opens Manhattan location