Reaping Money from Your Good Old Branded Time-Piece

Image Courtesy:http://goo.gl/0pOHZ

Have you ever heard of asset-based lenders? This new lending system has evolved as a rescuer to finance personal as well as business needs. The money lent to borrowers is secured against luxury items owned by the former. Over the years pawn lending has become an easy source of borrowed finance. People hailing from varied economic backgrounds, resort to asset lending in order to acquire cash in lieu of items of high monetary value. 

Nowadays, pawn shops have been enjoying their global presence over the internet. They are reaching to an extended mass that badly needs financial assistance. Your wife has always been against your spendthrift nature; she never really wanted you to empty your pockets over expensive buys; the worst occurred when you tried to find an excuse to convince your displeased better-half. Last autumn you had bought a “Rolex” watch; a one of a kind time-piece with an elite dual tone band. In fact, it is one of the most precious and loveliest of valuables you have ever owned in your life. 

Strangely, in a time when your family has been undergoing sudden financial crunch, you have finally realised that your watch can save your household from succumbing to an economic disaster. You have understood why it is necessary to seek finances from a pawn shop against the monetary value of your prized possession; the “Rolex” timepiece. 

For those who are less aware of the existence of such financial offerings, it is needful that they seek knowledge on the same. Some online pawn shops are promising more cash than any other lending systems existing in the industry. Yes, you can even expect up to around 20% extra cash from the pawn lender. Now!! This is what you call smart lending. 

The lenders tend to provide short-term loan benefits against valuables amongst which timepieces top the list. However, the two things that the lenders consider while lending the money are whether the watch hails from a prestigious brand and whether it holds immense monetary value. Did you know that your branded wrist watch can release up to a maximum £250,000? 

Some pawn shops even specify on the brands they accept like: 

• Rolex

• Cartier

• Patek Philippe

• Omega

• Breitling

• Audemars Piguet

• Panerai

It seems like you are lucky; since, Rolex is considered a prestigious brand accepted by asset-based lenders. The lenders usually offer a competitive valuation for mortgaging valuables like branded watch, cars, jewellery and more. So, you can now pawn your watch and release quite a sum of money to make up for the financial crunch.