The Loan Company

Life can quickly change its direction and cause an individual or business to urgently need access to funds. Needing money urgently through a banking institution usually requires a lot from a person such as gathering paperwork and credit checks.

This process can take time and there is always a high likelihood that one aspect can stop the process, causing more time that is not always available. The quickest way to get an approved loan is to provide a company like the Loan company with collateral to approve a short-term loan. Collateral such as assets such as vehicles that might already be in the possession of the client in need.

Fulfill financial needs with an asset loan

Asset loans allow a client to get approved and secure a loan in a short period. When in a financially stressful situation a person either has to choose to change their lifestyle to financially keep up, or take out a loan to ensure a stable recovery from the turmoil. These decisions need to be made very quickly, with not much time to reflect. Having assets such as a motor vehicle, caravan, or motorbike, gives a person access to an asset loan.

How the loan company serves its clients

The loans provided by the loan co. are for individuals and businesses that need access to funds immediately. Once the Loan co. has the asset, it is safely and securely stored until the loan is paid off. The moment the loan is paid the assets are returned safely to the client. This allows for a safe, hassle-free, and quick way to get the needed funds by using an asset already at the disposal and in proportion to the needed funds.

The loan company is a private, independent company thus all funds are generated by shareholders. The only requirement needed for a loan is an asset, and the value of the asset determines the value of the loan.

Within hours a client will not only have an approved loan but also get their cash paid out. Not all people prefer the payback method of a loan and would prefer to simply pawn the asset. Currently, the following movable assets are considered secure and will provide surety of approval: cars, motorbikes, bakkies, trailers, trucks, boats, and caravans. If a Client has a property that is paid off in full, a loan against the property is also allowed.

No approval period

By providing the loan co with your asset, you provide them with trust that the loan will be returned. All that is needed is an  ID, Driver’s license, proof of address, Original registration document, Service book, and Key. The rest will be taken care of by the company. In the case of a loan against property, the requirements are that the house must be paid off, registered to a company or CC, and the duration of the loan.

Your credit score won't hold you back

The loan co understands that having access to funds does not only mean having a good credit score. A short-term loan is also sometimes needed towards building the credit score needed. Because of the short-term nature of the loans and the immediate availability of funds without a credit check, the interest rate is a bit higher.