Pawnbank was featured in the city’s most prominent publication, the Gold Coast Bulletin on the 1 st of June 2020. Appearing in the business section, the article explored how Pawnbank owner and CEO Leanne Coneybear has created a whole new space of online asset-based lending and dragged the idea of the dingy pawnshop into the 21 st century.
The write-up also detailed Pawnbank’s online loan estimator that enables clients to receive a loan estimate via the website by entering in the particulars of the item they would like to use as collateral.
It includes over 50,000 watches alone in the database with big-name luxury brands such as Cartier.
Also featured, was Pawnbank’s simple online application process and alternative finance method that doesn’t require credit checks, complicated financial contracts or proof of income as verified assets are used as security.
Leanne Coneybear was quoted talking about the increasing difficulty that small businesses experience while trying to access quick short-term bank loans when their cash is tight.