Jumping Jack Cash located in Commerce City offers secured non-recourse loans, commonly referred to as pawn loans. Pawn loans have a term of 30 to 90 days, collateralized with the customer's tangible personal property. Pawn loans provide customers with cash in exchange for an obligation to repay the amount advanced plus service charge fees. Service charge fees are 120% to 240% of the advanced amount, per year (APR). Jumping Jack Cash has a historical redemption rate of 80% of its monthly loan portfolio. Pawn loans are written on almost any asset, including but not limited to: diamonds, gold, jewelry, watches, electronics, tools, musical instruments, cars, motorcycles and boats. Jumping Jack Cash is not in the payday loan business. The additional revenue stream for the Company is the retail sale of collateral from unredeemed pawn loans and the retail sale of merchandise purchased directly from customers. Sales of unredeemed collateral and inventory are completed at retail locations and through e-commerce activities via the Jumping Jack Cash website, eBay, Amazon, Craigslist, wholesale brokers and live auctions.