Online Pawn Shop Pawngo Recognized by Jewelers’ Circular Keystone Magazine as one of the '10 Things Rocking the Industry'

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Company Offers Fast Collateral-Based Loans for Individuals and Small Businesses – Secure, Online Pawn Loans Allow Borrowers to Retain Value in their Possessions

Recognition by leading publications such as JCK magazine further establish our standing as a real reinvention of how people view and utilize pawning services

Pawngo, the first online pawn shop in the United States, today announced it is one of “10 Things Rocking the Industry” according to an article by the editors of trade magazine Jewelers' Circular Keystone (JCK).

The article mentions the vast potential of the online pawn business and a comparison of the average Pawngo pawn loan amount, which is typically much greater than pawn loans from a brick and mortar pawn shop. Other factors listed in the article as recent trends that are shaping the jewelry industry include the recent royal weddings, a focus on luxury watches such as Rolex, and the prevalence of top designers.

Pawngo provides consumers and small businesses with a fast, convenient and discreet way to raise short-term financing; a prospective borrower sends Pawngo a description and photo of an item, an expert appraiser submits an offer, if accepted, the borrower sends the item via free overnight shipping to Pawngo, which provides the borrower with a final loan or purchase offer. The Pawngo service is especially popular among women and affluent customers who might be apprehensive of visiting a brick and mortar pawn shop.

"Recognition by leading publications such as JCK magazine further establish our standing as a real reinvention of how people view and utilize pawning services," said Todd Hills, co-founder and CEO of Pawngo. “Since our company’s founding in June of this year, we have enjoyed unprecedented growth, and funded more than $2.8 million to customers. Our unparalleled security and fast processing make us the perfect place for individuals to pawn or sell their valuable jewelry.”

Jewelers' Circular Keystone (JCK) is the jewelry industry's leading trade publication and industry authority. The publication defines industry trends and gives store owners valuable information to help them run their establishment’s more efficiently. For more information, visit http://www.jckonline.com.

About Pawngo
Pawngo is the Internet's premier online pawn shop that lets anyone take out a short-term, low-interest pawn loan of up to $1 million using items they already own as collateral. The secure, discreet online process eliminates the embarrassment and hassle of going to a brick-and-mortar pawn shop by enabling consumers to conduct the entire transaction from the privacy and convenience of their own home. The private company is co-headquartered in Centennial, Colorado and Chicago, Illinois. For more information, visit http://www.pawngo.com.

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Lisa Kornblatt
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