Wealthy Flock to Pawn Shops

Wealthy Flock to Pawn Shops

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.

Pawnbrokers pitch loans to kings and queens: Shops go upscale, as Beverly Hills pawnbroker opens Manhattan location

Pawnbrokers pitch loans to kings and queens: Shops go upscale, as Beverly Hills pawnbroker opens Manhattan location

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