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pawnbroking professional requirements
Anyone thinking of establishing a pawnbroking business will need to satisfy a number of criteria

Professional Requirements

Anyone thinking of establishing a pawnbroking business will need to satisfy certain criteria in addition to possessing the fundamental ability to run a new business. The essentials, each of which will be addressed in turn below are:


  • Consumer credit licence
  • Trade premises
  • Adequate funding
  • Valuing goods
  • Procedural knowledge
  • Security
  • Insurance & compensation

If you need to source providers of essential services and products for your pawnbroking business click here.

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