Finding cheap loans has simply never been easier! At XCELSIOR, we make it our business to present our clients with loans that are not just affordable to repay, but are also absolutely convenient in every possible way. Fear is struck into the heart of all loan applicants, especially when waiting for approval on their request. At XCELSIOR, we do not let this happen. We do not stress our clients with background credit checks and we do not demand that you have a permanent job before you can apply for a loan with us.
Our loan model is quite unique in that we provide loans against collateral. We specifically accept vehicles as collateral, so if you have a bakkie, truck, car, SUV, motorbike or even a Jet Ski, then you can apply for a loan with us. What happens to your vehicle during the loan period? We keep the vehicle in our secure storage facility, until such time as your outstanding balance is paid off. What happens if you are unable to repay your loan? While this does not happen too often, we can sell the stored vehicle in order to cover the outstanding costs. Once this has been settled, any additional money made in the sale can be paid directly over to you.
XCELSIOR is a privately owned and registered credit provider operating in South Africa. We have 15 years of combined experience within our management team and our knowledge of the industry and unique approach to loans on the market has made us a preferred credit provider in the country.
Our approach is most beneficial to those who are not viewed as credible by mainstream financial institutions. The fact that we do not do background checks and do not require proof of employment and so on, means that we can assist individuals who are blacklisted too. We can loan out amounts of R5 000 to R500 000 to our clients.
The process of acquiring a loan from us:
- Complete the online application form on our website, or call us to arrange a meeting with one of our consultants.
- Once a consultant has met with you, the vehicle that you are using as collateral needs to be assessed. We can only loan you up to 50% of the total value of the vehicle. The vehicle is then taken to our secure storage facility.
- The requested loan amount is then paid directly into your bank account. This process can take as quick as just 30 minutes.
The XCELSIOR team is on your side. We want you to be able to acquire the much needed cash when you need it the most, without being faced with a multitude of hurdles and red tape along the way. If it is cheap loans that have easy payment terms attached that you are looking for, then you are at just the right place. Take the time to chat to our team about your needs and requirements, and apply for that much needed loan without any further delay.
