A Letter from the General Manager

Hello Everyone, February sure passed buy quick! We were happy to se the competition and challenge between all the stores. However, Florin ultimately dominated in sales through the whole month. The challenge for everyone was to surpass Florin. We Right at the end of the month Broadway, inched by West sac for 3rd place in sales. El Camino was very close to Roseville as well. Congrats Roseville!

For the month of February, Dominic maintains 1st place in sales for $37,216.37, Norma Bobadilla 2nd place for $20,710.91 and Josh Bonton 3rd place for $19,819.04. Congratulations team! A big thanks to Norma and Josh. Both Norma and Josh were very close to 2nd place! Also, It’s very clear looking at the sales data for the month of February that Layaways absolutely work well when clients are followed up with. Overall, the company received more than $100,000.00 in layaway payments for the month. This is amazing and lets all continue to use our layaway program as a tool for future sales!

Spring is nearing and transactions are happening! In the next few months, our focus will be driving traffic to the locations while maximizing our potential physical transactions and content creation. We are and have been eager to bring business back and a sense of normalcy back to the workplace. Our physical loans and buys continue to increase, and we are eager to see this continue month after month. Many of you are hitting your store sales goal. Some of you are working on it still and this remains a work in progress. We are counting on March and April to be income months. We are starting to see some tax return money. We predict that this will not last long, but our clients are more than welcome to secure nice jewelry items and luxury goods on layaway!

To conclude, we are excited to start our software merge. We have been working back and forth with Pawnmate for a while and they have committed to starting our merge at the end of the month if not the beginning of April. We anticipate that this change will loosen up some restrictions with our current software that will ultimately be a long-term benefit in our transaction time and client navigation. Loyalty Pawn has many positive things in the workings, and we look forward to a strong ending to the 1st quarter of 2021.

Much Sincerity, Wayne Silliman General Manager

“See things in the present, even if they are in the future”. Larry

Ellison, co-founder of Oracle