Who We Are & What We Do
Founded in 2011, Pawngo is the very first online pawnshop in the United States. Today it is one of the largest and serves clients in all 50 states. Pawngo provides cash to individuals and businesses in exchange for luxury assets that we either purchase or hold as loan collateral. We are a leader in the fast-growing online alternative lending market, with 7 years of experience helping to meet our clients’ cash-flow needs. Pawngo provides cash in amounts ranging from $500 to $5,000,000 or more, in exchange for fine watches, jewelry, diamonds, handbags and various other luxury items that are high in value but low in liquidity. Our online process is straightforward and discreet, allowing clients to obtain cash quickly, conveniently, and privately. Unlike traditional financing vehicles such as business or home equity lines of credit, our process requires little paperwork, no credit checks, no application or administration fees, and no waiting period. Most importantly, it provides clients with the alternative to retain control of a luxury asset by simply using it to collateralize a loan or liquidate it completely by selling it outright to Pawngo. In either case, the process is fair, transparent and secure, with Pawngo’s evaluation, financing, and client services team. The experiences our clients have makes Pawngo an enduring and ideal financial partner.
Meet The Team
Dewey Burke – President and Chief Executive Officer
Dewey Burke is President and CEO of Luxury Asset Capital, which operates Pawngo and The Lux Exchange. Dewey is responsible for setting the strategic direction of the company and overseeing its operations, growth and development. He has been involved in the alternative finance market for over 7 years, in areas including collateralized lending, impact investing and private equity. Dewey graduated in 2007 from the University of North Carolina at Chapel Hill and holds a BA in Management with a second major in Economics. As a student-athlete at UNC, he played Men’s Basketball for Hall of Fame Coach Roy Williams.
Richard Shults – Chief Underwriter
Richard is the Chief Underwriter at Pawngo and is a Graduate Gemologist, certified by the Gemological Institute of America (GIA). Rich is in charge of all asset appraisals, loan decisions and sales directives of the Company. Rich was the staff gemologist for Len Larson Jewelers, a Denver based company specializing in fine custom jewelry, estate and antique jewelry, fine and rare natural gemstones, Rolexes and other fine timepieces. He has over 25 years of experience in the fine jewelry and luxury asset appraisal.