Apr 2, 2022

Boise,United States - April 2, 2022 /PressCable/ —
Idaho’s top-rated pawn business has announced its expansion into the heavy equipment category of pawn and purchase enterprises. Clients can now get loans for 1 to 3 months at rates as low as 5%.
More information can be found at https://pawnidaho.com/what-we-accept/heavy-equipment
With locations in Boise and Nampa, Idaho Pawn & Gold has expanded over the years into estate disposal services and built a local reputation for trustworthiness by employing state-of-the-art technology to help establish a true value for smaller assets such as jewelry and precious metals. They have come to realize in that time that some assets will not fit in a storefront, but could still benefit from a similar valuation and financing model.
The Nampa heavy equipment pawn loan shop pays top prices for working walker lawn mowers, tractors, skid steers, trailers, and other vehicles from Cat, John Deere, Komatsu, Volvo, and more. Item-backed loan programs feature flexible terms with repayment periods ranging from 40 days to 10 years. Interest rates vary based on the loan amount and can be lower for loans greater than $50,000.
Based on the importance of heavy equipment in the agricultural and construction industries critical to the local economy, Idaho Pawn & Gold has established a secure storage facility to support the expansion into this category of larger assets.
Agriculture and construction are both sectors that have predominantly seasonal activities and require a major investment in heavy equipment that will sit idle for much of the year. Further, contracts in these industries are often completion-based, requiring a significant outlay of expenses followed by a delay before businesses are paid for their work. These short-term cash flow deficiencies can be especially challenging for small companies and independent contractors.
By offering short-term cash loans in these sectors, Idaho Pawn & Gold plans to expand its business by helping companies and contractors ease their cash flow until their contracts are fully executed and they receive payment. While they expect these industries to be the primary participants, the program is open to other industries with heavy equipment, including recreation, tourism, and others.
Founded by a Veteran of the United States Marine Corps, Idaho Pawn & Gold is motivated to engage with the local community in ways that help those in the community to support each other, in line with their motto: People helping people.
A company spokesperson also noted, “If we can help people with heavy equipment to get cash when they need it, and we don’t even need a credit check because it’s backed up by their assets, then we can be a reliable, flexible option for these people and these businesses.”
Interested parties can learn more at https://pawnidaho.com
Contact Info:
Name: Sam Reading
Email: Send Email
Organization: Idaho Pawn and Gold
Address: 10250 West Fairview Avenue, Boise, Idaho 83704, United States
Website: https://pawnidaho.com/
Source: PressCable
Release ID: 89072479
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