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Why Collateral Loans (aka Pawn Loans) are a Great Solution Today

Apr 8, 2020

We’re living in unprecedented times with challenges beyond anything we could have ever imagined. With the changing financial climate, please know that  we are here to help. If you have fine jewelry, diamonds, and luxury watches you’d like to pawn, we can offer you a collateral loan to help you cover immediate expenses.

What is a Collateral Loan?

A collateral loan or a pawn loan is pretty straight forward and sounds exactly what it’s like. For the estimated value of your jewelry, diamonds, or luxury watches, Samuelson’s can offer cash in hand, which is what everyone needs now. Once you are able to pay back the terms of the loan, your valuables go right back to you to be put back in your personal vault. Some of the collateral loans we’ve provided have helped hold people and small businesses over with payroll, family emergencies, unexpected expenses, and major bills that are due.

It’s Easy

If you’re thinking it can’t be that easy, well it really can. We’ve been in the pawn business since 1922 because of our fair practices and our ability to offer more than other pawnshops can for collateral loans. Not to mention, we’re a small family-owned business that’s been open for three generations. We know what it takes to run a small business and take care of our family, which is why we’re here to help you get through these tough times.

Get Your Cash Quickly

To start the process, make an appointment or call our Baltimore store at 410-403-3091. We’ll arrange for a time for you to meet with one of our trusted, trained evaluators in a private, one-on-one consultation, or schedule a virtual consultation. If you are concerned about exposure, please know we are taking every measure to keep our customers and staff safe and healthy. We take it very seriously to be considered an essential business and able to stay open for business.

When we meet, we will make you an offer on the spot and share the terms of the pawn loan. You can choose a 30-day loan, a 60-day loan, or extend the loan as needed. Our commitment is to make sure you get a fair price for the value of your fine jewelry, diamonds, or luxury watches to help tide you over. If you agree, we will write you a check on the spot. We do not require a credit check, and the entire process can take as little as 30 minutes.

Your Trusted Partner

Part of why we’ve become such a trusted partner for collateral loans and pawns is because we’ve been doing this for nearly 100 years. Our secure vaults hold your valuables while they are in our possession and we are fully bonded and insured. Additionally, we’re able to offer more for your valuables than any pawn shop simply because of our extensive knowledge and experience. We also can provide low monthly interest rates on loans ranging from $1,000 to $5,000,000. In short, we can help take care of you so you can take care of what you need to do.

Get Started Today

Why not make the most of a difficult situation and get the best your valuables can leverage? Whether you choose to pawn diamonds, silver, gold, jewelry, high-end watches, or coins, we’ll make sure you walk away with a fair value. To get started, make an appointment or call our Baltimore store at 410-403-3091. We’ll make the process as easy as possible.

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