New York Loan Company Buys Fine Art and Memorabilia

New York Loan Company Buys Fine Art and Memorabilia

New York Loan Company’s west coast counterpart, Beverly Loan Company, has been in the collateral lending business for over 75 years, loaning against luxury jewelry, complicated watches, fine art, one-of-a-kind memorabilia, and other high-end goods.  Jordan Tabach-Bank, the third generation owner and CEO of New York Loan Company, is also known as the Pawnbroker to … Continue reading New York Loan Company Buys Fine Art and Memorabilia

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

High End Collateral Loans Flourish in the New Economy

  The 2007 financial crisis, which led to the weakening of global economies and the loss of 8 million jobs in 2008 and 2009 in the United States, tightened the availability of credit for consumers and small businesses. Since the crisis, the unemployment rate in the United States has remained stubbornly high and the economic … Continue reading High End Collateral Loans Flourish in the New Economy