DENVER, Jan. 26, 2017 /PRNewswire/ -- Being your own boss can be very rewarding, but it can also come with challenges such as experiencing an unexpected cash flow shortfall. Pawngo/Lux Exchange, the first online pawn shop in the United States, is here to help you if you're an independent business owner and ever need short-term financial assistance.

There are many advantages to securing a pawn shop loan with us compared to other options. For example, a personal collateral loan doesn't require extensive paperwork; there's no risk to your credit scores; and chances are good you already have an asset that you can use to get a pawn loan quickly.

"Working with us here at Pawngo is fast, secure, and easy," explains Dewey Burke, Pawngo's CEO. "You can get the cash you need from the comfort and privacy of your home or office. We are discreet, fast and trusted. We can wire you the funds you need in as little as 24 hours. You cannot accomplish that at any local bank."

To date, Pawngo/Lux Exchange has helped thousands of entrepreneurs from around the country. To get started, customers simply fill out an online application and provide information on their assets. Customers review all loan offers before they are accepted. Pawngo/Lux Exchange provides customers with prepaid FedEx shipping labels for accepted items. Funding can become available within 24 hours after an offer has been accepted.

Assets accepted by Pawngo:


    --  Jewelry
    --  Diamonds
    --  Designer Handbags and Accessories
    --  Luxury Watches
    --  Precious Metals
    --  High-End Cameras & Equipment
    --  Apple Products
    --  High-End Guitars & Musical Instruments
    --  Luxury Automobiles
    --  Fine Art & Collectibles

About Pawngo

Located in Denver, Colorado, Pawngo/Lux Exchange is an online marketplace trafficking in luxury assets. Clients of the Pawngo/The Lux Exchange buy, sell and borrow against luxury assets valued up to and exceeding $5,000,000. The Lux Exchange platform transacts with assets such as: fine jewelry, diamonds, and gold; high-end, luxury watches; luxury handbags, purses and other accessories; luxury automobiles; fine art; collectibles and more.

The company's lending platform provides a short-term answer to immediate financial need via collateralized loans of up to $5,000,000. Our secure, discreet online process allows our customers to conduct the entire transaction from the comfort and privacy of their own home. Pawngo's mission is to help individuals, families and small business owners get the cash they need quickly, without any risk to their credit, pay checks or personal financials. Pawngo has clients across the entire United States.

The company is very active in the retail exchange of luxury assets. Pawngo/Lux Exchange buys and sells assets of the highest quality and value.

Pawngo/Lux Exchange is proud to be venture-backed by Daylight Partners out of Austin, Access Venture Partners out of Denver, and Chicago-based Lightbank, the $100 million fund started by the founders of Groupon.

For more information, visit https://pawngo.com/ or call 1-866-499-2363.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pawngolux-exchange-can-assist-entrepreneurs-with-their-cash-flow-300396464.html

SOURCE Pawngo