Category: Featured Press

New York Loan has had the privilege to be interviewed by some of the most prestigious news outlets in the US, including The Wall Street Journal, NPR, and Reuters.

Warhols for Fast Cash: Why Collectors are Pawning Expensive Art

Warhols for Fast Cash: Why Collectors are Pawning Expensive Art

It has to be said that being “cash-poor”—meaning you’ve got a lot of assets, but very little wealth in spendable form—is, despite its negative connotations, a position of incredible privilege. Most often you’ll hear about it in relation to celebrities as the reason for a house flip or sale of a beloved Lamborghini. But surprising … Continue reading Warhols for Fast Cash: Why Collectors are Pawning Expensive Art

The wealthy are using pawn shops to finance their business ideas

The wealthy are using pawn shops to finance their business ideas

Wealthy people looking to fund new ventures are turning to their Rolexes and art collections as collateral for quick and easy loans from high-end pawn shops. Business owners say the trend points less to financial distress and more to customers eager to seize money-making opportunities. Wealthy people looking to fund new ventures are turning to … Continue reading The wealthy are using pawn shops to finance their business ideas

Inside the pawn shop where Wall Streeters and other New York elite sell their Rolexes and Birkin bags

Inside the pawn shop where Wall Streeters and other New York elite sell their Rolexes and Birkin bags

The New York Loan Company sells items like $30,000 Hermes Birkin bags and fine jewelry. Its professional staff and tight security make it unlike any other pawn shop experience. They promise their clients absolute confidentiality. The New York Loan Company isn’t your typical pawn shop. Your fingerprint must be taken before you can access the … Continue reading Inside the pawn shop where Wall Streeters and other New York elite sell their Rolexes and Birkin bags

New York Loan Company

New York Loan Company

Strapped for cash? This luxe Diamond District store pegs itself as an “upscale collateral lender,” and indeed owner Jordan Tabach-Bank’s private suite is tastefully decorated, its cream walls adorned with clips from Crain’s and other econ rags Read the full article: http://www.timeout.com/newyork/shopping/new-york-loan-company

Pawnbrokers to the Stars Predicts a Banner Year for Collateral Lenders

BEVERLY HILLS, Calif., Jan. 6, 2015 /PRNewswire/ – Jordan Tabach-Bank, CEO of two luxury pawn shops, Beverly Loan Companyand New York Loan Company, anticipates a record-setting year for asset-based lenders focused on high-end items, particularlydiamond jewelry and fine watches. Photo – http://photos.prnewswire.com/prnh/20150105/167057LOGOPhoto – http://photos.prnewswire.com/prnh/20150105/167058 “Our business has records dating back to the 1930s and pawn loans have become a mainstream financing option for the … Continue reading Pawnbrokers to the Stars Predicts a Banner Year for Collateral Lenders