Applying for a loan has never been this easy
Your details will never be shared with a third party or be used to send you spam. APR: 36% to 60% Loan period: Minimum 2 months to maximum 36 months. Should a client wish to pay up his loan before his term ends he/she will be able to do so without any penalty fees. Interest and fees outstanding will thus be calculated pro-rata. Representative Example: Nett loan amount, R 2 500.00, term 3 months, APR (Annual Percentage Rate) 60%, initiation fee of R250, monthly service fee of R68.40. Monthly instalment R1 110.07 and total amount payable of R3 330.20.
For each client you refer to us, we give you 1% of their approved loan amount as commission, so please start spreading the word! *T&C apply
WE PROVIDE SHORT-TERM LOANS
5 STEP LOAN PROCESS
4) Storage of Vehicles
Once the loan has been approved your asset will be stored at a secure storage facility.
XCELSIOR provides short-term loans to clients that need cash flow
With the current financial constraints, it has become increasingly difficult to obtain cash – especially via traditional methods, like bank loans. Our unique loan model is particularly beneficial to clients who need instant bridging finance or who are not considered credible by mainstream financial institutions.
The loan application is quick, easy and paperless. Due to our unique business model, no background checks are done and loans can be approved even if you are blacklisted. Our ethical process is completely transparent and involves no hidden costs or nasty surprises.
XCELSIOR offers loans against motor vehicles (cars, trucks, bikes, boats, caravans, and even motorised sports vehicles, like jet skis). These assets are used as collateral and ownership remains with you. Upon approval and immediate pay-out all vehicles are safely stored in a secure storage facility and returned upon settlement of the loans. This allows clients to acquire instant cash, without disposing of their valuable assets begging the question – Why sell your vehicle when you can loan against it?
PAWN YOUR CAR
APPLY FOR A LOAN
APPLY NOW – CASH IN 30 MINUTES*
We understand that life throws curve balls and sometimes you need to access cash fast. We hope that our loan will enable you to respond to whatever situation you are facing. XCELSIOR offers loans against vehicles (cars, trucks, bikes, boats, caravans, and even motorised sports vehicles, like jet skis). These assets are used as collateral on your loan and ownership remains with you. Whether you need quick cash for your business, a family emergency, or for any other unexpected expense, if you have a vehicle you can use as security we’ll loan you the cash today!
BEFORE YOU APPLY
Please take note of the following:
- We do not offer vehicle finance. We offer loans secured against your vehicle.
- We unfortunately do not accept property.
- Your vehicle must be fully paid off.
- The vehicle must be in your name or in your company’s name.
- We take possession of the vehicle and store it in a safe and secure storage facility.
SAFE AND SECURE
XCELSIOR prides itself in looking after your vehicle as if it was our own so rest assured that your vehicle is safe with us. Your valued asset(s) will be kept in a secure storage facility, with 24-hour video surveillance, strict access control and electrified perimeter fencing. Your vehicle is also fully insured whilst in our possession ensuring your vehicle is also safeguarded whilst in our care. Once your loan has been paid up, all vehicles are returned to their owners in the same condition as what we receive them in.
Take a look at our secure storage facility below.
WE ACCEPT ALL TYPES OF VEHICLES
TYPES OF VEHICLES
We accept all types of vehicles as security – including motor cars, bakkies, caravans & SUVs, trucks, bikes, and even motorised sports vehicles, like jet skis. The value of your vehicle determines the loan amount you’ll qualify for – with 50% of the value covering the loan. To give you an idea, below are some of the vehicles we’ve kept as security:
Why should I go to XCELSIOR and not my bank for a loan?
Unlike the mainstream financial institutions, applying for a loan at XCELSIOR is extremely quick and easy. We do not conduct lengthy credibility assessments, nor do we care whether you’re blacklisted or not. The value of your vehicle simply determines the loan amount you qualify for. We thus don’t take your creditworthiness into account whatsoever. Plus, the whole application process takes less than an hour. No forms to fill in and no fuss. With XCELSIOR it is simply quicker and easier.
What documentation does XCELSIOR need for me to apply for a loan?
You would only need to bring along your ID/Passport, Drivers Licence and the original registration papers of the vehicle registered in your name. Should the vehicle be in your business name we would also require your company documents, your business registration certificate (BRNC) as well as the identification documents for all directors involved. The application process doesn’t involve any other paperwork.
What is the minimum and the maximum loan amounts that I can borrow from XCELSIOR?
XCELSIOR will lend from a minimum of R5 000 to a maximum of R250 000. The value of the vehicle you use as security will determine your loan amount.
How do I know how much I can qualify for from XCELSIOR?
How long does it take until I receive the cash?
XCELSIOR prides itself on being fast and efficient. Our loan process, from start to finish, will take approximately 30 minutes. You can have your cash, transferred to the account of your choice, within 30 minutes from application.
Does XCELSIOR need to know what I use the money for?
What does XCELSIOR accepts as security?
Why does XCELSIOR keep my vehicle?
Where does XCELSIOR store my vehicle?
Who will drive my car to the secure storage facility and back?
Does XCELSIOR have insurance for my vehicle while being in its possession?
Will my car be used by XCELSIOR at any time during the loan period?
Your vehicle will never be driven during the course of the loan, except when being transported to and from our storage facility. It safely stays at our storage facility until it is returned to you upon repayment of the loan.
What if I cannot settle the loan with XCELSIOR?
We always keep a client’s best interests at heart. Should you be unable to repay the full amount due to XCELSIOR, we will extend the contract – providing that the total interest is paid in full on the due date.
In the unfortunate event that you are unable to fulfil your part of the contract and settle your loan or just wish to sell your vehicle instead, XCELSIOR will sell your vehicle to recuperate all funds which does not in any way affect your credit ratings.