1, with different properties.
Consignment banks take the custody and consignment of second-hand goods as their business activities, which is a general business behavior; Pawnshop is a special industrial and commercial enterprise with capital lending as its business activity. Consignment business is a trust trade business, and pawn business is a special financial business.
2. Different ways of making profits.
Consignment banks use the procedure of collecting goods after consignment as a means of profit; Pawnshops make profits by issuing loans and charging interest and fees. ? Pawnshop Pawnshop, also known as Pawnshop, is an informal marginal financial institution that specializes in issuing pledged loans. It is a market intermediary organization which is mainly based on lending and supplemented by commodity sales.
3. Different business objects
Consignment means that the owner entrusts a consignment bank to sell on his behalf; Pawning is when the owner mortgages the goods to the pawnshop. Pawning is to get some money on the spot. The two parties signed relevant service agreements. According to the agreement, the consignment bank has no ownership of the goods, only the management right of the goods during the consignment period, that is, the ownership of the goods has not been transferred.
The consignment bank only charges a certain service fee after the goods are sold. No buyouts, no on-site loans. During the pawn period, the ownership and management of the goods were transferred from the original owner to the pawn shop.