Quick sharing on GSC Collateral Loan Program

When we talk about pawning, people might have a bad impression or feel that it is bad luck to step into a pawnshop, i.e. old shop with high counter top and bars at the counter, lack of transparency in price quotation, bad attitude of valuer and the hassle of frequently travelling to pay the interest etc.

Nevertheless with the number of pawnshops that have grown nationwide to serve locals and foreigners who reside in Singapore, many now find that it’s easier to enter a pawnshop as they have a modern look and approach to business. But most of the time, you might still face difficulty to pledge your Silver and Platinum bullion as pawnshops usually only accept gold (jewellery, bars, coins), watches and other valuable items.

Quick info sharing about the situation here in GSC, we have a good mix of all 3 precious metals clients placed in our collateral loan program but in terms of weight, Silver still leads Gold & Platinum. This data distinguishes us from other pawnshops, showing that we can assist our clients in attaining short term liquidity for Gold, Silver & Platinum to meet their needs.

GSC liaises with a licensed pawnbroker to offer the collateral loan service to clients who need instant cash while retaining the ownership of their precious metals. Our friendly and experienced staff will assist in assessing the value of your item. Prices are transparent and published online. If travelling back and forth is painful for you, we have it taken care of. You may bank transfer the interest to the pawnbroker without travelling all the way down. Let us get all the admin, paperwork and liaising done for you so that you can enjoy the hassle-free experience of pledging your precious metals with a reliable firm.

What are you waiting for? Contact us now to find out more about our collateral loan program!

Maya