Have you ever considered pawning your car for cash? If you have not thought about it as an option when you need a loan, perhaps you should. Applying for a regular loan with a bank or financial institution can often be unrewarding. After spending hours gathering the right paperwork, sitting through affordability assessments, and having your credit rating and history scrutinised, you could still be turned away with a rejection notice. Unfortunately, loans are often impossible to obtain when you really need them the most.
Pawn Your Car to Boost your Business Cash Flow
If you are looking for a little extra business cash flow, and you have a paid-off vehicle that is not essential to the daily operations of your business, the solution could be right in front of you! Pawning your car to acquire much-needed cash flow to boost your business, or get a new project off the ground, is a great way to get ahead without having to actually sell your vehicle. A pawn loan is a great option for a small or growing business. It means that you can pawn your car and get a cash advance for it. The vehicle will be stored and once you have put the new business cash flow to work, and you are earning enough money again, you can repay the cash advance and get your vehicle back.
Why Secure Loans are Beneficial for the Average South African
What makes secure loans the preferred loan option in South Africa? That is a fairly easy one for us to answer, as we are experts in the field. Secure loans are loans that have collateral attached. This means that you can take out a loan against your car, motorbike, bakkie, truck, or similar assets. Lenders are more confident that they will get their money and interest back as you will have handed over an asset that has a similar value to the amount that they have loaned you. That is how it benefits the lender, but what are the benefits for the loan applicant?
What Should I Know Before I Pawn My Car?
Before you pawn your car, there are a few things that you need to know and understand. Remember that all loan companies operate differently. What might be a good deal with one company, could be an unsavoury one with another. Not all pawn companies offer the same loan models, which is something to look out for. Make sure that you understand the details, terms, and conditions of the loan before you follow through. Below are a few questions that we frequently have to answer at XCELSIOR. Reading through them might enable you to discern between a good loan and a bad one.
XCELSIOR Offers an Alternative to Traditional Business Loans
Do you have a fantastic business idea, but just don’t have the money to fund it? If so, you are in the very same position that thousands of other South African entrepreneurs are in. If you don’t have access to funds right now, it doesn’t mean it is the end of the road for your business idea. You can bring your business dreams, goals, and aspirations to life with financial support from XCELSIOR. What’s more is that we make it a simple process to get a loan from us.
Need Cash in a Hurry? Pawn Your Car for Cash!
When you need cash flow fast with no credit checks and long waiting periods, XCELSIOR is the place to go. XCELSIOR offers a type of loan where you can pawn your vehicle for cash. With this type of loan, you can get the cash you need now. There is no need to wait around or go through the hassle of tedious paperwork, authorisation processes, and affordability assessments. You can pawn your car for cash in a matter of minutes, and then have the cash you need paid into your bank account in as little as just 45 minutes.
Quick Loans are a Reality – Apply Online Today!
Because we live in a society of instant gratification, the process of having to complete piles of paperwork and wait for days for a “verdict”, when applying for a loan, is bound to fill you (or any applicant) with frustration. We don’t blame you for feeling frustrated. In fact, we’d feel a little frustrated too, if our loans weren’t processed so quickly. That’s right, at XCELSIOR, we specialise in quick loans, and we welcome anyone and everyone who needs financial relief or aid to learn more about our loan model.
Importance of Business Cash Flow & How a Short-Term Loan Can Help
Let’s Talk About the Importance of Business Cash Flow & How a Short-Term Loan Can Help
Let’s ask just one pertinent question: how important is business cash flow? If you are a business owner and just read that question, you were probably taken aback that it was even asked. Business cash flow is absolutely essential to any business. Without it, the business will suffer – it could even become insolvent!
Take A Loan Against Your Vehicle Online – It Is Quick and Easy With XCELSIOR
If you are wondering if it is worth taking out a loan against your vehicle, it is! Especially when you apply for a quick and easy loan with XCELSIOR. Applying for a loan against your vehicle is made a simple task with our unique loan model, which merely requires collateral. We accept a variety of vehicles too, and these are cars, bakkies, vans, motorbikes, and jet skis.
Need A Loan for A Start-up Business? Apply Online Here
Starting a new business can be an exciting experience, but it can be stressful and expensive too. If you have a sound business idea and do not want to get caught up in all the red tape of loans with banks and other large lending institutions, a loan from XCELSIOR is the way to go. A loan for a start-up is not always easy to get. In most instances, banks want guarantees of the success of the business and will do a lot of research into your financial history, your credit rating, and your subsequent ability to afford the loan. You will need to provide copies of bank statements, pay slips, and various other personal documents. If you want to avoid all the hassle of applying for a bank loan, we would like to share some information on an alternative loan option at XCELSIOR.