The Lending process

What is a Pawn Loan?

MA pawn shop loan is a fast and easy way to get the cash you need, based on the value of the merchandise you leave with us as collateral. Our staff of experts will determine the amount of money we can lend you based on the value of the item. Typically these loans are based on 25-35% of the wholesale value of the merchandise. For gold and diamond jewelry, we typically lend based on the scrap value of the gold, and a small percentage of the wholesale value of the diamonds. As long as you have a valid, non-expired, government issued ID, you can walk out with the cash you need in minutes. Your items remain yours and Empire stores them in our safe and secure vaults and storage facilities.

What items does Empire accept for a Pawn Loan?

The majority of merchandise Empire Loan takes in as collateral is gold and diamond jewelry but we also accept certain electronics like flat screen TV’s, digital cameras, selected game systems, musical instruments, tools, collectibles, artwork, just about anything with a resale value. All of these items are evaluated on the spot based on what we find them selling for online on websites like EBay and Amazon. We’ll gladly explain how we decide on what we can offer you for your merchandise came to that determination.

Will my items be sold?

All merchandise still belongs to you and will not be sold while the loan is still active. They sit safely and securely in one of our vaults until you come back to redeem it or renew the loan.