34 Pawn Lending Locations in Georgia and North Carolina

34 Pawn Lending is a pawn shop company operating 34 locations in Georgia and North Carolina, providing innovative financial solutions through pawn loans and retail sales of merchandise. 34 Pawn Lending operates pawn shops that provide short-term loans secured by collateral. Founded in Norcross, Georgia, it has not undergone significant strategic changes. The company was acquired by Cash America International, Inc.

in an Add-on funding round in August 2013 for USD 61 mn. The company specializes in pawn loans and the retail sale of diverse merchandise, enabling customers to secure quick cash while offering a variety of products for purchase. This model serves customers needing immediate financial assistance, with a focus on convenience and accessibility across its locations. 34 Pawn Lending’s revenue model is primarily based on income generated from pawn loans and retail sales.

Clients typically engage in transactions that provide immediate cash, with an annual agreement framework allowing for ongoing customer relationships and consistent revenue generation through repeat business. Following its acquisition in December 2013, 34 Pawn Lending plans to expand its footprint within the southeastern United States, targeting up to five new locations by the end of 2024. The funds from the recent USD 61 mn investment will support the establishment of these new sites and enhance operational capabilities, ensuring a strategic approach to growth and customer service.