Borrow using an asset you already own.
Are you an individual or business looking for a loan? Are competitive financing rates and flexible terms important to you? Did you know you could leverage assets you already own to gain access to larger loans? We can help you find financing by using assets you already own. This can include recreational vehicles, marine vehicles and other assets if you're an individual, or commercial equipment if you're in a business.
Requirements for Qualification of Secured Loan
OnTime Lending is the go-to financial resource for every personal and small business loan—helping you face your challenges, achieve your financial goals, and grow businesses as big as your aspirations.
Requirements
- Original LogBook
- I.D and PIN Copy
- Latest three months slip
- 2 Passport Size Photos
- Certified 6 Months Bank Statements
- Search and valuation report for the Motor Vehicle or Property.
- Joint registration of the pledged motor vehicle same day
- Processing and Chartle Fee
- Car Track
- Loan given 1/3 the value of the vehicle/property
- Post Dated Cheques
How's this Beneficial?
- Facility can be secured with a logbook
- The facility can be used to fund emergencies such as School Fees, Hospital Bills, Weddings, etc
- The facility can be used as working capital.
“OnTime Lending has been a key partner in our success, and an invaluable asset for the growth and future of our company.”
Director CMK