Collateral Loan

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Serving Our Customers When They Need It the Most

Most of us have at some point in our lives needed a loan. Loans are the lifeblood of growth as any small business will tell you. When you are just starting out, you need money to get off the ground. The same goes for life. Whether you are young, you have fallen on hard times, or you just want money to enjoy life, such as a vacation, collateral loans from your local pawn shop can help. Loan USA has been helping our customers since 1993 obtain the money they need quickly. We have three locations to better serve you: Worcester, Lawrence, and Springfield. As a family-owned business, we value our customers and do everything we can to help. We offer transparent collateral loans in a simple, easy way. Reach out to one of our offices to start the pawn loan process today!


  • Limited liability Perfect credit is not needed
  • You can obtain multiple loans
  • You can borrow more money than an unsecured loan
  • Collateral loans are fast
  • Simple and easy
  • A loan when you need it
  • And more!


Collateral, by definition, is something that is put up or pledged as a security interest for a loan. In essence, it's a piece of property or an asset that has value that you agree to have taken away if you don't repay your loan. Mortgages, car loans, motorcycle and boat loans, and pawn loans all are types of collateral loans. These loans reduce the risk of the lender because there is something of value they can take in order to recoup some of their costs. Loan USA accepts many forms of collateral in exchange for cash. These include most types of jewelry with either precious metals or gemstones; coins made from precious metals; most types of vehicles, including UTVs and boats, and heavy equipment; watches; cameras; laptops and gaming computers; cell phones; lawn tools; and more. Stop by one of our locations in Worcester, Springfield, or Lawrence to learn more today!


One of the biggest benefits of a collateral loan is the speed. Without having to run a credit check or submit documentation for a loan, collateral loans feature quick turnaround times. In the case of a pawn loan, these loans are as soon as your item has been valued. This is huge for those who need an immediate infusion of funds. While the biggest risk to a collateral loan is that you will lose whatever item you have put up, that is the only risk you face. For example, you won't lose your home if you fail to pay your pawn loan for the guitar you pawned. This makes collateral loans attractive as well. With so few things that are easy these days, a pawn loan stands out from the crowd. Contact Loan USA today!
collateral loan


When searching for a local pawn shop, it's important that you find one you can trust, one that offers honesty and transparency, and one that genuinely cares about its customers. Loan USA offers the best collateral loans in the areas we serve of Worcester, Lawrence, and Springfield. Our family-owned business works hard to ensure you are 100% satisfied with the service you have received. We have streamlined our collateral loan process so that is it quick, easy, and fast. You can expect to receive your cash sometimes in as little as five minutes. If you are in need of a collateral loan, bring in your item, and we'll get you taken care of. Contact us today!

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