You run a small business. You work hard. You put everything on the line. You need money to keep things up and running—but what happens if you can’t get a loan from a bank? What if they say “no”?
You turn to GEM Pawnbrokers. Our short-term small business loans can get you on your feet and keep you there!
Small businesses are at the heart of our economy, and every small business needs loans. That includes restaurants, construction companies, general contractors, car business owners and more.
Small collateral loans help you pay for inventory, overhead, advertising, insurance, etc., etc. They help you meet expenses, whether you’re:
It’s easy. Securing a business loan with collateral goes like this:
Step #1: You put up assets as collateral.
Step #2: We do not check credit.
Step #3: We make an offer for a commercial business loan on the value of collateral based on
Step #4: You take the money and do use it any way you need or desire.
Step #5: You pay back the loan and keep growing your business.
Collateral is something you or your business owns that can be used to back up a loan. If you don’t return the money borrowed, the lender keeps the assets instead.
Collateral could be:
Collateral lending protects the lender—that’s us—from default. We have to be sure we can recoup the value of the loan—whether or not you’re able to pay back the principal plus interest.
If you don’t reimburse us, we keep the assets. If you do pay us back, you lose nothing.
Do you run a business in New York City, Nassau County, Suffolk County, or Long Island? We can put cash into your hands … fast!
No worries. Banks are famous for being stingy. We’re not. GEM Pawnbrokers makes it easy to get a secured collateral loan. We offer commercial business loans for far less collateral than traditional lending institutions.
That’s all right. At GEM Pawnbrokers, we do not check credit scores. Also, we offer small business startup loans to businesses. This can help you overcome one of the biggest challenges to growing your small business. In other words, we keep the economy going by putting more cash in the hands of entrepreneurs.
That depends on how much you need and how likely you are to default. How do we figure out how risky a short-term loan is? First of all, you should know that we do not check credit scores. Then, we appraise your assets. No matter what, you’ll get a better offer than you would with a traditional bank or lender.
Looking for collateral loans for local businesses in New York City, Nassau County, Suffolk County, and Long Island? GEM Pawnbrokers has you covered. We’ve been helping locals secure fast cash for over 70 years. Now, we’re the largest and the best small collateral lender in New York.