This group refers to the business of lending money on personal property physically delivered to the control and possession of the pawnshop operator as loan collateral. Allowable corollary activities of those engaged in pawnshop operations shall include money changing and/or performing as remittance agent, as may be registered with the Bangko Sentral ng Pilipinas.

This category covers pawnshop with single activity and those whose primary activity is lending money on personal property.

Pawnshops may also engage in other business activities such as acting as bills payment agent for utility companies and other entities, ticketing agent for airline companies, and other similar business activities provided that the appropriate department of the BSP shall be notified within five (5) working days from the date of actual engagement of the pawnshop in such business activity.