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CHIEF EXECUTIVE OFFICER OF EMPIRE LOAN With more than 15 years in the pawnbroking industry, Michael D. Goldstein is leading the way in changing the image of pawnbroking. A third generation pawnbroker, Michael and his staff focuses on providing exceptional customer service, automation, more competitive loans and prices of 50 percent of retail on quality merchandise ranging from fine art, gold and diamond jewelry, TVs, VCRs, musical instruments, computers to cameras. After working for his grandfather Morris Goldstein as a teenager, Michael continued to work with his father, Martin Goldstein. Today, Michael's father and uncle, Martin L. Goldstein, are co-owners of Paradise Pawnshop, Inc., the largest pawnshop in the Bronx, NY. While attending college In Boston, Michael worked for Uncle Ned's (now defunct) and Suffolk Loan, currently a competitor, before deciding to open Empire Collateral Loan Co., Inc., in 1985. Empire Loan's location at 1260 Washington Street served as Empire's original address until 1990. At that time, Michael's loan and sales business had expanded rapidly from 20 loans per day to 110. By 1990, Empire's Boston store relocated to a newly renovated 3500 square foot facility in a high traffic area in Boston's South End. Empire Loan expanded its operation in July 1989 by opening a second pawnshop, Empire Loan of Rhode Island, Inc., in Providence. In 1991 Empire Loan of New Bedford opened, and in 1999 Empire Loan of Worcester opened. Today, Empire Loan's four locations in Boston, New Bedford, Worcester and Providence make them the largest chain of pawnshops in New England with more than 290 loans made each day. |
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