Lombard
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Lombard is a type of financial company, and its main activity is providing pawn loans. The company accepts items from individuals or businesses, holds these items as collateral, and provides cash in exchange. If the loan is not repaid on time, the item is sold and the debt is settled. This model is mainly used for items such as watches, gold, jewelry, and other valuables. Lombards are a convenient option for people who need short-term cash. Unlike banks, they can offer more flexible and quicker service.
