The idea of trading goods for cash is nothing new. Merchants around the world, for thousands of years, accepted both labor and items in lieu of money or paid outright for a treasure. Pawning is a type of recycling goods contributing to a circular economy. It’s also a fast way for people to obtain cash.

Don’t Throw it Out!

Pawnshops are on the lookout for merchandise in good condition. This extends the usable life of each item. When people buy gently used goods they not only save money but keep those items out of landfills. Additionally, shopping at a pawnshop reduces the carbon footprint. The item has already been manufactured!

The sustainability of pawnshops like Cash Express appeals to shoppers. From an environmental perspective, there’s a lot of attention on the “throwaway economy.” Clothing is one example. While some may donate, others often just toss perfectly good belongings in the bin. Many individuals, particularly Gen Z, want sustainability and support companies like pawnshops that have resale options. 

Pawnshops Help Businesses Grow

Some people who have high-end valuable items pawn them for quick collateral. They can then use the money to support a start-up, secure a patent, get a delivery vehicle, and prepare for an immediate expansion, just to name a few. Luxury goods rank highly on the list of items pawnshops buy regularly. Many times affluent entrepreneurs have a tidy treasure in their closets, display cases, and dotted around the home.

So, if a business person has an opportunity they need to latch on to quickly, taking a trip to the pawnshop makes perfect sense. Getting large loans from a traditional avenue takes time. Meanwhile, the window for closing a deal is short. 

At Cash Express in Philadephia, we think of these transactions as “opportunity loans.” We become involved in our community’s growth. Additionally, these exchanges illustrate the idea of pawning being only for the poor or desperate is quite untrue.  

Pawnshop Sustainability and Shopping

When people prefer to purchase goods yet avoid retail shopping, they think of resale! A pawnshop is an ideal location to peruse goods. And the variety of options makes the experience exciting. You may find your first idea wasn’t the best when you stumble on that “perfect” gift, for example. 

One area where pawnshops really shine is antiques. Some of these items have historical value, and as a pawnshop buys them, they help keep that history alive. There are interesting and unique goods from which to choose. And, not all antiques are expensive. You’d be surprised by some of the great prices you can get. 

The Cash Express Experience

When you come into our store to sell something, we have appraisers on-site to ensure the value of your goods. Now, remember you won’t get the full amount, but you will walk out with money in your pocket. Not all pawn exchanges are loans, either. You can just sell things you no longer want outright. If you’re not sure you have something we’d want, just call ahead at 215-922-1560 and ask!

You can also contact us online or by email at info@pawnphiladelphia.com. Become part of the effort to reuse and recycle instead of just throwing things away. Pawnshops are sustainable and good for the US economy.