Palm Desert, CA -- (SBWIRE) -- 01/28/2016 -- Pawnshield Fine Jewelry & Loan, a provider of non-recourse pawn loans collateralized by tangible personal property and reseller of luxury merchandise in Palm Desert, CA realizes year over year revenue increase of 121% and looks to aggressively increase its loan base.
Pawnshield is unlike other traditional Pawnshops in that its business model is focused on the luxury segment of the target market. As credit lines dry up or become increasingly harder to obtain Pawnshield is not the lender of last resort, but a lender of only resort, providing a bridge to consumers that need fast access to cash. Tom Bianco, managing member at Pawnshield states, "Pawnshield is the place where locals come with a Rolex, Certified Diamond, Collectible or fine piece of Jewelry to get a confidential collateral loan in about five to ten minutes without loan applications, income verification or credit checks. Our repayment schedules don't require monthly payments and we extend loan terms upon the repayment of interest. All property valuations are conducted by a seasoned G.I.A. Gemologist with over thirty five years trade experience and confidential. Collateral is secured in vaults and under constant protection. Were flexible, competitive, easy to deal with and guarantee the customers we serve a great customer experience."
At Pawnshield's fine jewelry showroom located at 74836 Technology Dr, Suite 105, Palm Desert, CA 92260 (760)565-5935, "confidential collateral loans," as they're called, are made on fine jewelry, high end wrist watches, collectibles and fine works of art produced by notables such as Warshawsky, Neiman, Pablo Picasso , Andy Warhol and more. Amounts loaned can range from several hundred dollars to many thousands of dollars or as high as six- and seven-figure loans, where clients use the money to cover mortgages, car payments, vacations, school tuition or even finance cosmetic surgery.
Thriving high end pawnshops such as Pawnshield aren't just an indication of tough economic times, but indicative of a change where savvy consumers can come to obtain quick cash or purchase fine jewelry and collectibles at wholesale prices.
About Pawnshield Fine Jewelry & Loan
Pawnshield Fine Jewelry & Loan Is a provider of non-recourse pawn loans collateralized by tangible personal property in Palm Desert, CA. We sell merchandise, primarily collateral forfeited from pawn lending operations and pre-owned merchandise purchased from customers. Consumers that shop with us can save as much as 70% off regular retail pricing.
Located at the corner of Cook and Gerald For, Address: 74836 Technology Drive, Suite 105, Palm Desert, CA 92260 760-565-5935, open Monday through Friday 10am to 5pm PST and Saturday 11am to 4pm PST.
Company: Pawnshield Fine Jewelry & Loan
Address: 74836 Technology Drive, Suite 105, Palm Desert, CA 92260