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 …

How Hard is it to Get a Small Business Loan?

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How Hard is it to Get a Small Business Loan

For many entrepreneurs, their first venture into business is wrought with questions and challenges. Despite the exciting payoff of owning your own business, getting it off the ground – especially in the early stages – can be a monumental task. From creating a business plan to establishing a source of funding, starting your own business …