Texas pawn shops have seen sales rise by 50% over the last two months, but loans have not risen too. Owners are worried they may run out of merchandise, because consumers are not pawning or selling items.
Wexler Insurance Agency/IJB has an In-house Underwriting and a Claims and Loss Control Department focused on providing Pawnbrokers world-class products and service at competitive prices. We are one of the largest cover holders for Certain Underwriters at Lloyd’s of London. We also represent other financially sound highly respected insurance companies.
Congress will vote this week on a motion to extend PPP loan payment deadlines for small businesses. The motion will extend the time period to hire back employees, as well as the loan repayment period.
