Easiest Alternative to a Business Loan from a Bank

Do you need a business loan to get you over a slow period or to ensure cash-flow while waiting for clients to pay? Have you tried to apply for a business loan, just to be turned down because your company has not been in operation long enough?

Do you want to expand operations and want a loan to finance such? Perhaps you want to buy an existing company or have the cash for such, but want to ensure you have cash for trading. Maybe you just want to start a small bistro or car wash and are short on initial start-up cash.

If you have answered yes to any of the above questions, you are at the right place. Your business does not need assets, a long and credible history, and a business plan to get a loan. You can use your vehicle as collateral to secure the loan. You can also use one of your company vehicles to do so, provided you have the documentation to prove your right to sign on behalf of the company.

There is simply no easier and quicker way to get money into your account than with this type of loan. Your vehicle is valued, and you qualify according to the vehicle value. It is a straightforward process. The vehicle is kept at our storage facilities for the period of repayment. Once you have paid off the loan, it is returned in the same condition as received.

We insure the vehicle while it is in our care. The insurance cover is for fire, theft, hail, and accident damage. As such, it is fully covered from the moment we take over the safekeeping role. Since the asset is security for finance, you can rest assured that we will take good care of it. Our storage facilities feature 24-hour surveillance, security, access control, and perimeter fencing. Indeed, it may even be safer to store it with us than keep it at your home.

We are a registered NCR credit provider and have been in operation since 2010. In addition, we have brick and mortar branches throughout the country for your convenience. Our consultants are professional and friendly.

You can borrow between R5000 and R500 000, depending on the value of your vehicle, and can put up a motorcycle, car, bakkie, truck, or even caravan as collateral for the business loan. We do not accept boats as collateral. However, the vehicle must be in a good, driveable condition. The vehicle is transported via a delivery truck to the storage facilities, thereby reducing the risk of damage to the asset.

Only under special conditions do we allow the driving of the vehicle from the branch to the storage facilities. If this is the case, an experienced and licensed driver with at least five years of driving experience takes the vehicle to the safe storage facilities.

What to Do Next?

If you are in need of a business loan and want to skip the red tape, give us a call or start the application process online.