When you use your vehicle to apply for a loan, you will need to meet the following criteria:
• The vehicle you are using as collateral must be fully paid off, and in your name.
• You must have an official form of ID, and the papers for the vehicle.The total value of the vehicle must be assessed by our team, and once this value is determined, you can request a loan amount of up to 50% of the total value. This should get you sufficient financial aid to get your business started and your feet on the ground.Starting up a new business is a time that is filled with challenges and hurdles, but it is also a time of great excitement. With a loan from XCELSIOR, you can set the financial stress aside, and focus on growing your business and making the most of the opportunities that exist for it.
If you would like to apply for a loan for a start-up business, we strongly recommend that you get in touch with us. You can apply for a loan on our website, or you can contact us via email or telephone for further assistance.