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02-27-2013, 11:05 AM #1
Asset Based Loans / Using items as collateral
I know a lot of ISO shops are pretty resourceful and can help small business owners get a commercial mortgage or factor the invoices if that's what the situation warrants. Is there any reseller market for the surging pawn industry? Every time I read an article about using jewelry and other items as collateral to get a short term loan, I wonder if anyone in our field has ever encountered it. All feedback is welcome.
http://www3.cfo.com/article/2013/2/c...low?currpage=1