Title Pawn Software
Your single-source solution for title pawn deals
A turnkey way to launch or expand a title pawn business — where customers use their vehicles as collateral while keeping their day-to-day mobility, and pawning becomes a steady source of revenue for your dealership.
Starting at $129/month · no long-term commitment.
See Title Pawn in action
Tell us about your business and we'll walk you through it.
Simple, easy-to-use features
Everything your title pawn business needs
Say goodbye to time-consuming manual processes, duplicate entries, and compliance risks. Everything you need lives in one comprehensive, browser-based program.
Browser-based & multi-location
A responsive platform that puts every detail of your title pawn operation at your fingertips, on any device or screen size.
Built-in pawn contracts
Produce and manage compliant pawn contracts in seconds, capturing customer, purchase, and loan history in one place.
Interest calculator
Calculate interest, final balance, and payment schedules from a fixed amount and/or periodic contributions — and save quotes until customers are ready.
Detailed reporting
Pre-built reports plus the flexibility to build your own, so you can make informed decisions on every transaction.
Repossession management
Connect with lenders, forwarders, and recovery agencies in real time, with compliance built into the process.
Remote loan approval
Approve loans remotely right inside the software — no manual paperwork or duplicate entry.
Who it's for
A smart fit for dealers ready to do more
Buy here pay here dealers
You already underwrite and collect from customers. Title pawn puts your working capital to work a second way, with the same skills you use every day.
Dealers wanting recurring revenue
Vehicle sales are one-time. A book of active pawns earns interest every month it stays open — income that compounds alongside the lot.
New title pawn operators
Launching from scratch? The software handles compliant contracts, interest math, and reporting so you can start lending with confidence.
How the business model works
A simple loan that pays you back every month
In a title pawn, a customer borrows against the equity in a vehicle they already own. You hold the title as collateral while they keep driving the car, and they repay the principal plus interest over time. Because the loan is secured by the vehicle, your risk stays low — and the monthly interest becomes a recurring revenue stream that compounds as your loan book grows.
1. Originate the loan
The customer brings in a paid-off (or nearly paid-off) vehicle. You appraise its value, write a compliant pawn contract, and advance a percentage of the equity as cash — while they keep driving.
2. Collect monthly interest
Each cycle the customer pays interest to keep the loan active. That interest is your margin — and unlike a one-time sale, it recurs every month the loan stays on the books.
3. Reinvest & repeat
As loans are repaid, that capital recycles into new loans. A growing book of active pawns turns a modest amount of working capital into a steady, compounding income stream alongside your dealership.
A new revenue stream
Real earning potential
Title pawning is one of the highest-yield ways to put working capital to work. Subject to state and federal regulations, monthly rates can run as high as 22–25% depending on the state — so a book of active loans can generate returns that few other dealership services can match. Because each loan is backed by a vehicle, defaults are recoverable, and the interest keeps compounding for as long as customers carry a balance.
- Turn idle working capital into recurring monthly interest income
- High-yield returns secured by the customer's vehicle
- Diversify beyond vehicle sales with a steady second revenue line
- Keep customers mobile while using their vehicle as collateral
- Stay compliant with built-in contracts and reporting
- Affordable monthly software pricing with no long-term commitment
Funding partnership
Get backed by an investor group
Already in the car business and running a buy here pay here operation? Through our partnership with an investor group, qualified dealers can get the capital they need to launch or scale a title pawn book — so you don't have to tie up all your own cash to start earning interest income.
- Backing for dealers already established in buy here pay here
- Put working capital to work without draining your own reserves
- Grow your title pawn loan book faster than you could alone
- Pair the funding with Wayne Reaves software to run it end to end
How it works
- 1
You're an active dealer with a buy here pay here operation and want to add title pawn.
- 2
We connect you with our investor group partner to discuss backing and terms.
- 3
Qualified dealers get capital to build their loan book, managed in Wayne Reaves software.
Funding is provided by an independent third-party investor group and is subject to their approval, eligibility criteria, and terms. Availability may vary by state.
Trusted by dealers
What customers say about Wayne Reaves
"Wayne Reaves has made my day MUCH easier! Thank you guys for making compliance a little less of a headache."
"There is no other DMS that is this user friendly, with excellent customer service representatives. For the cost, there is no comparison."
Questions & answers
Common questions about title pawn
What is a title pawn?
In a title pawn, a customer borrows against the equity in a vehicle they already own. You hold the title as collateral while they keep driving, and they repay the principal plus interest over time. Because the loan is secured by the vehicle, your risk stays low.
Is title pawn legal in my state?
It varies. Title pawn and title lending are heavily regulated, and not every state permits them — where allowed, the maximum rates, fees, licensing, and contract terms differ significantly. Confirm the rules in your state and consult a qualified attorney before originating any loans.
Do I need a lot of capital to start?
Not necessarily. Through our partnership with an investor group, qualified dealers already established in buy here pay here can get backing to launch or grow a loan book without draining their own reserves. Funding is subject to the investor group's approval and terms.
How much does the software cost?
Wayne Reaves Title Pawn software starts at $129/month with no long-term commitment. Reach out for a demo and we'll walk you through what a plan looks like for your business.
Can it handle contracts and compliance paperwork?
Yes. The software produces compliant pawn contracts in seconds and keeps customer, loan, and payment history in one place, with detailed reporting. You remain responsible for following all applicable laws in your state.
Ready to grow
Add title pawn to your business
Talk to our team about whether Title Pawn software is the right fit — and how quickly you can get started.
Disclaimer: Title pawn lending is heavily regulated and the rules vary by state — not all states permit title pawn or title lending, and maximum interest rates, fees, license requirements, and contract terms differ significantly where it is allowed. The rates referenced above are illustrative examples of what some states permit and are not a quote, guarantee, or projection of earnings. Wayne Reaves Software provides software tools only and does not provide legal, financial, tax, or compliance advice. You are responsible for confirming and complying with all applicable federal, state, and local laws. Consult a qualified attorney before originating any title pawn loans.