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Business Loans
for A Pawn Shop

Get Immediate Funding as Fast as Today!

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Owning a pawn shop can be a profitable and rewarding venture. You are helping people out when they need money, fillings community’s financing gaps, and serving those who might not have access to traditional borrowing methods. Utilized by both wealthy individuals who lack liquid assets and those who live paycheck to paycheck, a pawn shop owner can succeed by knowing and meeting their customer’s needs.

If it’s time to grow your business, either by expanding your location, starting to sell online, or opening a new pawnshop, you will need access to capital. At Shield Funding we make it easy to apply online in minutes to get the business loan you need to grow your business.

Get Your Business Loan Today

What Do I Need to Qualify?

Below is a list of the requirements to get approved for business funding with our most basic program.

  • At Least 3 Months in Business
  • 530 Min. Credit Score
  • $10,000 Min. Monthly Revenue

    • How Do I Apply?

    Applying has never been easier. You can either call our toll free number 24 hours 7 days a week at

    (888) 882-6117

    or

    Submit your online application by clicking apply below and entering a few basic details about your business.

    Types of Business Loans Available

    Merchant Cash Advance Loans

    Banks prefer to lend to only the most-qualified borrowers. They require that a borrower have an excellent credit score, at least two years in business, and a healthy revenue stream. Banks also prefer to loan in larger amounts, the average “small” business loan with a traditional, large bank is about 500 thousand.

    Failing to meet any of a bank’s qualifications means that you fall into what the lending industry calls a “bad credit” borrower. Note that your credit score could be perfectly acceptable, but another factor could disqualify you from borrowing. Alternative lenders offer merchant cash advances to individuals that own a business that processes credit cards and need access to capital.

    At Shield Funding, you can borrow based on your monthly revenues as long as you have a credit score above 500. Minimum monthly revenues must be $8,000, and you must have been in business for two months or more. They offer flexible repayment terms and interest rates between 12% to 45%. You can borrow anywhere between $5,000 to $1 million.

    Short Term Business Loans

    A short term business loan helps business owners cover short term needs. They are best used when you have a specific project or capital need with a set duration. If you know, for example, that your office remodel will be done in six months, you can take out a six-month loan.

    Shield Funding grants short term business loans for terms of six to twenty-four months. Interest rates range from 9% to 45%, depending on your credit score, which must be above 650 to qualify. If your business brings in more than $10,000 in monthly revenues and you meet other requirements, a short term business loan from Shield Funding could help your business grow.

    Working Capital Business Loans

    We know that  restaurants have a tough time receiving working capital because of the volatility of the industry. If you try to get a loan from a traditional lender, you’ll get denied fast. But we don’t think your industry should disqualify you from getting funding for your restaurant business.

    So we offer short term merchant cash advances of up to $1,000,000 to restaurant owners with credit scores above 500. You’ll pay 12–45% interest on terms up to 36 months. As long as your restaurant has been open for a few months and you have $8,000 in monthly revenue, you can qualify.

    Apply Directly to One Source!

    Work with a direct lender and get a business loan as fast as the same day. Shield Funding offers competitive rates and terms on all it’s funding programs. Apply now with a trusted lender that has been helping business owners secure working capital for almost two decades.

    Apply Now

    Growth Tips For Pawn Shop Owners

    State of the Industry

    In 2018, the industry generated $6 billion in revenue. Revenues have slipped 1.0% over the past five years, and industry employment is down.

    Market Your Business

    To attract new customers, you must let them know that your business exists. Marketing serves the purpose of informing the community of your pawn shop and its services.

    Learn your Numbers

    Owning a pawn shop is not the same as operating a secondhand store. First and foremost, you are a lender who provides borrowers with short-term credit in exchange for personal property that they have pledged.

    Funding Business Dreams Everywhere

    Want to find out more about how our loan products can help your eye care business? Get in touch today and we’ll help you find the right loan for your business!

    Apply Now
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