Pawnbrokers in Singapore offer loans in exchange for personal valuables such as jewelry, watches, and gold. Customers bring their items to the pawnshop, and a professional appraiser assesses their value. Based on this assessment, the pawnbroker offers a loan amount, which is typically a percentage of the item's appraised value. If the customer accepts the loan offer, they will receive immediate cash and a pawn ticket indicating the terms of the loan.