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-- -- let's -- saw an opportunity to cash in on.
On on the on Paul's situation he actually started company called -- go.
In all on pawn shop for small businesses Tod -- joins is now again he's the founder and CEO of the company.
Todd so you know this whole pond -- is gone nuts what you've taken it in a whole different direction.
Yeah we definitely have about we brought the mile long line back in 2011.
You know we're attracting a lot of small businesses across the country.
-- there's 27 million small businesses across the country that that may have revenue base of a million dollars or less.
And they're banking relationship said they've basically been shut down the banks really.
You know they can't deal with that type of small -- Yes you know -- tell -- it's so amazing I talk about this all the time.
I -- we should bring back the penny stock market if you wanna raise the five million all of the less you can't get a from a bank in this too small for Wall Street.
But what made you decide to go afterwards you know business is rather than just.
You know throw -- out there for the general public.
Well that's how it started we did sort out there to the general public and what we discovered in the first.
Six months of operation is that.
A lot of small businesses were coming to us on all had a very similar story that they had a cash flow problem they used to be able to solve -- -- the bank.
And -- on the banks basically abandoned their their business and yet they can't make can't get finance -- You know.
Amid the country is flooded with luxury assets a lot of these small business owners have a lot of luxury assets that they required throughout the years.
Solve -- sentiment sending us those assets.
In -- of about -- balance -- -- income states I think it was examples of some of these items.
Sure I mean it's luxury handbags its luxury watch collections large diamonds.
You know collectible sports memorabilia.
You know those types of assets that they can be easily shipped our facility.
And and that's much easier -- and trying to take an income statement or balance sheet in and credit checks of the bank.
Of course as I guess any in my office furniture in my -- who plumbers and -- hunt.
Now that's a little large for our business model.
I -- -- it seems early census is as 20119.
Me that the track record is not necessarily that long but.
How do you -- with respect to the success ratio or these businesses able to patch up these top patches.
And come back to you and get these items back.
What 85% of that the small business owners that actually pledge assets doesn't get -- actually get their assets back.
And what we found is they're using our services.
You know at least once or twice a year.
So top you know they're happy with the service it's an affordable service forum and it in its non invasive and and there's no credit -- so you know they feel very come.
What it right in the also you don't have to do this anyway doesn't know what have to see go inside the -- to court I think did a great idea and obviously the public service we've got to leave it there.
Upon go and Todd -- thanks a lot really appreciate it.
Thank you more now.
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