4 Ways to Get Cash Quickly

Pawn Shop Loans

When most people think of pawn shops, they probably think of finding great deals on gently used items like jewelry and electronics. However, pawn shops also serve people who want to sell their items or those who need a secured loan. Essentially, pawn dealers are in the business of offering loans secured by items of value. For instance, that engagement ring from the relationship that went nowhere can be taken to the pawn shop. There, you can take out a loan worth the value of the ring. As long as the loan is repaid within the time frame specified in your pawn loan agreement, you can take possession of the ring as soon as you pay off the loan.

Advance Commissions

Advance commission companies offer loans to real estate agents. They are a form of secured debt. In a commission advance loan, the real estate agent uses a pending real estate contract as collateral for the loan. If a pending contract falls through, the real estate agent can use a different pending contract as collateral on the loan. Essentially, these loans are repaid when an agent completes a deal and earns a commission check on a real estate transaction. Commission advances are a great option for real estate agents who, due to the volatile nature of their incomes, may not have access to more traditional forms of lending, like bank loans. In many cases, an agent can apply for a commission advance online and have cash in hand within 24 hours.

Garage Sales

When you need cash quickly, hosting a quick garage sale may just provide the funds you need to stay afloat. Most garage sales aren't going to garner massive profits. However, yard or garage sales can be highly profitable if done the right way. In the U.S. more than 690,000 people will purchase something from a garage sale in any given week, and experts at Statistic Brain estimate that U.S. sellers earn more than $4 million a week in yard and garage sales. You can buffer your profits by hosting your sale on a Saturday, selling clean, appropriately priced items, and selling things of value. Clearly mark the price on your items, but expect to negotiate. Garage sale shoppers most often purchase tools, collectibles, and sports equipment. They are least likely to buy stuffed animals, televisions, and magazines.

Plasma Donation

Plasma donors can make up to $200 per month. The process somewhat resembles donating blood, so it definitely isn't something for those afraid of needles! It takes about 2 hours to donate plasma. That includes the time it takes for a health screening. It can take up to an hour longer, especially for first-time donors.

During the donation, blood will be removed from one arm, and using a centrifuge, the blood will be separated into plasma and red blood cells. The red blood cells are returned to you via another injection site, typically. The pay varies by state and by location. In Texas, for example, donor centers offer an average of $10 for the first donation and $20-$30 for a second donation. In Illinois, the average center pays $25 for a first donation and $35 for the second. You must wait 48 hours between donations.

When times are tight, there are a variety of ways individuals and small business owners can borrow or earn a few dollars to make ends meet. An advanced commission in California gives real estate agents a quick option to keep the bills paid on time, while plasma donation may be a solution for a busy college student.

Source : articlesbase.com