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Short Term, Asset Based Collateral Loans to Small Business Owners in Metro Detroit

It happens to all of us—we find ourselves in a financial bind and quickly need more money. Garden City Pawn is now offering Business owners in Metro Dertroit Short Term Loans* against higher value items. We have the capability and secure storage for your High Value Assets.

  • Motorcycles
  • Boats
  • Vehicles
  • Jewelry
  • Diamonds
  • Rolex Watches
  • Construction Equipment
  • Semi Trucks & Trailers
  • Real Estate – Non Primary Residence

If you are in a pinch, need to cover payroll or a large bill and need quick cash between $5000 & $50,000, you’ve come to the right place.

So… how does the loan actually work? Let us shed some light. At Garden City Pawn, we offer our customers an alternative lending option to traditional loans that may be hard to aquire such as bank loans, credit card cash, or a loans from friends & family.

If you have a high-end item of value, you can use that as collateral for a secured loan. You get cash on the spot within minutes and our business will securely store your item. Once your loan is paid off, your item is returned to you.

If you cannot pay off your loan, then possession of the item is transferred to Garden City Pawn. We make up for the defaulted loan by then re-selling your item.

Minimum loan repayment term is 90 days. Maximum loan repayment term is five years. Typical loans are 90 days and cost 3% per month. However, if you need more time to pay the loan off, you can easily extend it every 90 days. Maximum APR is 36%. Example of Maximum APR on our most common loan amount: $50 loan carrying a maximum APR of 36% would cost the borrower $18 per year.

We understand loaning can be quite the commitment, but remember our mentality is customer first. We will be straight with you and tell you all the details so you are not caught off guard.

Bring your money problems to Garden City Pawn and walk out with the cash you need. The assurance of your item’s safety & the stress of your financial bind will be lifted off your shoulders.

Please call 734-525-0777 Text 313-215-6986 or Email click here Tom or Al with any questions.  We are here 6 days a week & we make it easy!

 

*Minimum loan repayment term is 90 days. Maximum loan repayment term is five years. Typical loans are 90 days and cost 3% per month. However, if you need more time to pay the loan off, you can easily extend it every 90 days. Maximum APR is 36%. Example of Maximum APR on our most common loan amount: $50 loan carrying a maximum APR of 36% would cost the borrower $18 per year.

Our Hours

Monday 9am — 6pm Tue-Fri 9am — 7pm Saturday 10am — 3pm

Call Us

Phone: 734.525.0777

Text Us

Phone: 313.215.6986
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Map & Directions

32555 Ford Rd
Garden City, MI 48135
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