PawnSmarts comes set up for Florida out of the box — it caps the pawn service charge at 25% per 30-day period, tracks the 30-day maturity and 30-day grace dates, flags day-61 forfeiture automatically, and exports your daily transaction forms for law-enforcement reporting.
Florida pawn shop software is a point-of-sale and management system configured for the Florida Pawnbroking Act (Chapter 539, Florida Statutes), which caps the pawn service charge at 25% of the amount financed per 30-day period, sets a 30-day maturity followed by a 30-day grace period, vests forfeiture in the pawnbroker on day 61, and requires the daily pawnbroker transaction forms to be delivered to local law enforcement. It calculates the charges and dates, prints the required transaction form, and produces the daily report Florida law requires. PawnSmarts ships pre-configured for these rules, so the charge caps, the two-phase forfeiture clock, the transaction-form fields, and the daily law-enforcement reporting are handled the moment you write a pawn.
Florida uses a two-phase timeline. Every pawn has a 30-day maturity date (loan date + 30 days). If the pledgor doesn't redeem by maturity, the goods enter a mandatory 30-day grace period during which you must continue to hold the item and the pledgor may still redeem by paying the accrued charges. That's 60 days total. On day 61, absolute right, title, and interest in the property vests in the pawnbroker by operation of law — no court action and no further notice required.
A Florida pawnbroker may charge any amount of pawn service charge as long as the total — including interest — does not exceed 25% of the amount financed per 30-day period. There is a $5 minimum charge per 30-day period, and the interest component is deemed to be 2% of the amount financed per month. PawnSmarts enforces both the 25% cap and the $5 minimum automatically on every ticket.
| Amount financed | 25% max charge (per 30 days) | Note |
|---|---|---|
| $10 | $5.00 | $5 minimum applies |
| $20 | $5.00 | $5 minimum applies |
| $50 | $12.50 | 25% calculation |
| $100 | $25.00 | 25% calculation |
| $500 | $125.00 | 25% calculation |
PawnSmarts auto-calculates the maximum allowable charge the moment you enter the amount financed, so the figure on the pledgor's ticket is always within Florida's cap.
Chapter 539 requires a complete pawnbroker transaction form for every pawn and purchase. PawnSmarts captures every required field and prints a compliant form — scan the pledgor's driver license and it auto-fills the personal details, so a new pawn takes about 30 seconds. Each form captures:
Florida pawnbrokers must deliver the original pawnbroker transaction forms to the appropriate local law-enforcement official by the end of each business day, covering all transactions from the previous business day. PawnSmarts builds the daily report for you and exports to LEADS Online and other electronic reporting systems used across Florida jurisdictions, so your filing is one click instead of an afternoon. It also runs OFAC checks on the pledgor as part of intake.
Florida pawnbrokers are licensed by the Department of Agriculture and Consumer Services under Chapter 539, Florida Statutes. Whatever your store size, PawnSmarts keeps the records, forms, and reports that license obligates you to maintain. New to the process or expanding to another store? See our US state licensing guide for what each jurisdiction requires.
PawnSmarts is $89/month for the Essential plan or $129/month for Professional — month to month, cancel anytime, no setup fee and no contract. Prefer to own it outright? Professional is also available as a one-time purchase for $2,995. Professional adds 3 automatic SMS and email reminders before each loan is due, with secure payment links so pledgors can pay online from home — which means fewer forfeitures and steadier redemptions.
Already running another system? We'll move your data for you for a one-time $395 and have you live in under 24 hours. PawnSmarts also works offline and auto-syncs, and runs on Windows, Mac, iPad, Android, or any phone in a browser.
See the full list of states we serve, review US pawn licensing requirements, or compare PawnSmarts head-to-head on our comparison page.
Florida statutes — for reference: Florida Statutes Chapter 539 (The Florida Pawnbroking Act); §539.001 (25% maximum charge per 30-day period, $5 minimum, 2% deemed interest, 30-day maturity, 30-day grace period, automatic forfeiture, daily transaction reporting to law enforcement); Florida Department of Agriculture and Consumer Services regulations. Verify current requirements with the Department; this page is general information, not legal advice.
Florida's Pawnbroking Act (Chapter 539) caps the total pawn service charge — including interest — at 25% of the amount financed per 30-day period, with a $5 minimum charge per 30-day period. The interest component is deemed to be 2% of the amount financed per month. PawnSmarts enforces both the 25% cap and the $5 minimum automatically on every ticket.
Florida uses a two-phase timeline: a 30-day maturity date, followed by a mandatory 30-day grace period during which the pledgor may still redeem the item. On day 61, absolute right, title and interest vest in the pawnbroker by operation of law — no court action and no further notice to the pledgor is required. PawnSmarts calculates the maturity date, grace-period end, and forfeiture date automatically for every loan.
Every Florida pawn transaction form must capture pledgor identification (name, current address, date of birth, physical description, and the right thumbprint), a detailed item description (brand, model, serial number, size, color, precious-metal content), and transaction details including the date, time, amount financed, the pawn service charge, the 30-day maturity date, and the grace-period and forfeiture dates. PawnSmarts prints a compliant form on every transaction.
Florida pawnbrokers must deliver the original pawnbroker transaction forms to the appropriate local law-enforcement official by the end of each business day, covering all transactions from the previous business day. PawnSmarts builds the daily report and exports to LEADS Online and other electronic reporting systems used across Florida jurisdictions in one click. It also runs OFAC checks on the pledgor as part of intake.
Florida pawn shop software should come pre-configured for the Florida Pawnbroking Act — the 25% monthly cap, the $5 minimum, the 30-day maturity and 30-day grace, day-61 forfeiture, and the daily law-enforcement reporting. PawnSmarts does all of this on every plan from $89/month (Essential) or $129/month (Professional), or $2,995 one-time, with no contract or setup fee. It works offline, syncs automatically, and exports reports for LEADS Online.
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