Warhols for Fast Cash: Why Collectors are Pawning Expensive Art

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It has to be said that being “cash-poor”—meaning you’ve got a lot of assets, but very little wealth in spendable form—is, despite its negative connotations, a position of incredible privilege. Most often you’ll hear about it in relation to celebrities as the reason for a house flip or sale of a beloved Lamborghini. But surprising …

Cashing in On Luxury: Pawnbrokers Develop New Market

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Rings and Diamonds; handbags and accessories, and high-end watches are among the top-three categories most frequently taken to luxury pawnbrokers by consumers seeking quick cash. Often thought of as a place where those desperate for cash can receive low payouts and high interest rates, pawn shops haven’t always had the best reputation. But following the …

Asset-Backed Loans for Arts & Collectibles; Codex Partners with Luxury Asset Capital

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Astute investors have looked toward the USD 2 trillion A&C asset class for centuries for low correlation to financial markets, risk-aversion, tax efficiency, simplicity, and aesthetic delight. With asset-backed loans, these high-value but often illiquid assets are used as collateral for capital. The Codex Protocol and Luxury Asset Capital partnership facilitates asset-backed loans for items …

Codex Protocol Welcomes New Ecosystem Members

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Codex, a decentralized title registry for the $2 trillion arts and collectibles (A&C) asset class, announced on Monday it has welcomed new members of its Codex Ecosystem, which is described as a group of A&C stakeholders spanning the complete spectrum of all industry partnerships, including collectors, auctioneers, dealers, museums, and other organizations vetted by existing …

Learn How to Get a Loan to Start a Business the Easy Way

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Learn How to Get a Loan to Start a Business the Easy Way

One of the most difficult elements of starting a new business is working with a bank to secure a traditional loan. Although many of life’s processes have been simplified and streamlined over the years, thanks to innovative thinking and updated technology, the loan process has remained largely the same. It’s often time-consuming, stressful, and a …

WatchPro: The secret of how affluent watch collectors are funding their next big purchase

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When a Rolex Daytona changed hands for nearly $18m last year, it reiterated just how healthy the auction market is. But who can high-end watch collectors turn to in order to finance new acquisitions when they suddenly arise? The answer is collateral lenders and luxury pawn shops, writes Dewey Burke, CEO of Luxury Asset Capital. …

Luxury Asset Capital Introduces Tax-Season Special to Help Individuals Cover Tax Bills

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Individuals who close a new loan with PawngoTM or Lux ExchangeTM by April 17, 2018, will receive a reduced rate of 15% off their monthly fee for the entirety of the loan Denver – April 10, 2018 Luxury Asset CapitalTM, a leading online provider of alternative financing, today announced a new tax-season special aimed at …