Quote:
Originally Posted by MrMaxwell
We had to borrow $370 from them for some more tests for my woman... in two weeks they got $425 back
Then we had to borrow $230 from another place to help cover that and they're getting $270 back
What's more.... I actually appreciate the help even though I know they're raping us. They got us through a tough time. I don't know of any other business that's more profitable dollar for dollar spent. What would it be, jewelry maybe?
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A well-run pawnshop will make tons but you need to have a ton available to loan out and the banks will not loan you money to do this unless the loan would be secured by about 200-300% collateral. Now there are other things in this field that you can do but you're still going to have to have a bunch of startup money.
Hit me up some time and we can chat about it if you have a sincere interest in pursuing the possibility as I have more than a bit of experience in the field.