How do I handle a pawn transaction involving a firearm?

Firearms taken in pawn must be logged as acquisitions in your A&D book. When redeemed, the return is logged as a disposition back to the original owner. If the firearm is forfeited and sold, it must go through the full 4473 and NICS process. A pawnbroker FFL POS...

What FFL license do I need to open a gun shop?

Most retail gun dealers operate under an FFL Type 01 (Dealer in Firearms). If you also do gunsmithing and manufacture or modify firearms, you may need a Type 07 (Manufacturer). Pawnbrokers who accept firearms as collateral need a Type 02. If you want to deal in NFA...