: Factors included a high number of borrower defaults and costly ongoing litigation, such as a major fraud lawsuit involving millions in missing art collateral. Guidance for Investors and Borrowers
: Approximately 3,500 investors were left with outstanding loans totaling roughly £80 million. fundingsecure.com/pawnbroker
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: Because the focus was on the asset's value rather than credit history, funds could often be released within 24 hours. Current Status: Administration fundingsecure.com/pawnbroker