Illinois’ oldest pawnshop, and perhaps the nation’s, has been acquired by a Beverly Hills, Calif., pawnbroker looking to broaden its clientele. Loan Cos. bought T.N. Donnelly, which dates to 1881, renaming it Chicago Loan. Terms and revenue were not disclosed. Donnelly started out on Dearborn, moved to the Jewelers Building at 5 N. Wabash in … Continue reading Did you know there’s a 136-year-old pawnshop in Chicago?
The Loan Companies has successfully completed its historic purchase of T.N. Donnelly & Company, a storied Chicago lender with the notable distinction of having been in continuous operation since 1881, making it America’s oldest operating pawnshop. Rebranded as Chicago Loan Company, it is the newest addition to The Loan Companies, joining New York Loan Company … Continue reading The Loan Companies Acquires America’s Oldest Pawnshop: Luxury Collateral Lender Now in Chicago
Today we’d like to introduce you to Jordan Tabach-Bank. So, before we jump into specific questions about the business, why don’t you give us some details about you and your story. I am a third-generation pawnbroker; my grandfather, Louis Zimmelman, founded the first of three high-end financial institutions, Beverly Loan Company, in Beverly Hills, California … Continue reading Meet Jordan Tabach-Bank of Chicago Loan Company
After she lost her job, Angela Rivers found herself in need of some quick cash. Instead of heading to her bank, she delved into her Brooklyn closet. An avid shoe and handbag collector, she took out her cherished chocolate brown Birkin and went across the river to Manhattan, where she had an appointment in the … Continue reading A Birkin Bag in the Box Is Worth a Lifetime of Debt