Consignment

Consignment is another product developed by CashGhana to allow customers convert their idle assets and unwanted assets into cash, however, the difference between consignment and quickcash is the fact that, on a quickcash product, the seller or customer gets immediate cash by selling the idle unwanted assets to cashghana while consignment is an agreement between the customer or seller and CashGhana for a period normally 30 days whereby cashghana will look for prospective buyers within the contractual period to sell the consigned assets.

The following are normally the responsibilities and agreement of our customers who wants to consign

Consign items for at least 30 days.

Pickup any unsold items within 5 business days after expiration of 30-day agreement.

Items you wish to pawn must be inspected at either one of our locations.

Cashghana withholding 25% of the selling price of each item, excluding sales tax, as payment of commission.

Securely attach price tags with inventory control #s, description, and selling price for each consigned item at the bottom, back or hem of items placed on consignment.

Write the word FIRM on price tags of item(s) that are not to be discounted.

CashGhana also agrees to:

Pay consignee 75% of selling price, net of taxes on sold items.

Collect and remit IRS sales tax on sale of consignment items.

Make payment by check along with a statement to the Consignor for articles sold by the 15th of each month following sales.

Make reasonable effort to insure articles left on consignment are as well cared for and as secure as its own.

Will not be responsible for theft, damage to, or breakage of articles left on consignment.

Display and market consigned articles in a professional, retail setting without prejudice to consignor, type of article, or volume of consignments; however, placement and display of consigned articles, hours and days of store operation, advertising, and ALL MANAGEMENT DECISIONS will be at the sole discretion of CashGhana.

General

Cashghana reserves the right to refuse new items, and/or to terminate or rollover existing consignment agreements for any reason whatsoever.

Collect and remit IRS sales tax on sale of consignment items.

Any property or item not picked up within 5 business days of the expiration of the 30-day consignment agreement will become the property of CashGhana.

CashGhana will make reasonable effort to secure and protect consigned articles; however, we will not be responsible for breakage, damage, or theft of consigned item(s).