Loan against trucks
Loan against trucks
Looking for a fast loan with a track as collateral? LoanAgainst can help. We offer quick, professional loans against trucks with minimal delays or red tape.
How to get a loan against your truck
To get a loan against your truck you will need to contact us using the phone number on this website or by sending us a message using the contact form.
When you get in touch please provide us with the following information about your truck:
- Make
- Model
- Year
- Mileage
We’ll use this information to give you an estimate of the loan you qualify for, subject to an appraisal of your vehicle.
If you are happy with this estimate, you can bring your truck to your nearest LoanAgainst location. We’ll perform a thorough appraisal of your vehicle and review your documents.
Should both parties decide to proceed with the loan we’ll draw up a loan agreement. Once this has been accepted by you funds will be promptly paid into your account.
Your truck will then be put into secure storage for the duration of the loan period. It will be returned to you once the loan amount and associated interest charges have been settled.
What to bring to your loan application meeting
In order to process your application promptly we require you to bring the following documents to your loan application meeting:
- original truck registration documents, in you or your company’s name
- an original identity document
- proof of address
Why pawn your truck with LoanAgainst?
LoanAgainst allows you to borrow money against your truck and turn generate rapid funding for your business.
Our process is designed to reduce loan turnover times, eliminate red tape and make the loan process as discrete and unintrusive as possible.
So long as you are the legal owner of the truck being pawned and your vehicle qualifies for a loan, we’ll be able to offer you a loan at approved National Credit Act rates within 24 hours.
Apply online
Isuzu Truck
Loan offer: R450 K
Ford Ranger
Loan offer: R275 K
Mercedes Truck
Loan offer: R450 K
Looking for a fast loan with a track as collateral? LoanAgainst can help. We offer quick, professional loans against trucks with minimal delays or red tape.
How to get a loan against your truck
To get a loan against your truck you will need to contact us using the phone number on this website or by sending us a message using the contact form.
When you get in touch please provide us with the following information about your truck:
- Make
- Model
- Year
- Mileage
We’ll use this information to give you an estimate of the loan you qualify for, subject to an appraisal of your vehicle.
If you are happy with this estimate, you can bring your truck to your nearest LoanAgainst location. We’ll perform a thorough appraisal of your vehicle and review your documents.
Should both parties decide to proceed with the loan we’ll draw up a loan agreement. Once this has been accepted by you funds will be promptly paid into your account.
Your truck will then be put into secure storage for the duration of the loan period. It will be returned to you once the loan amount and associated interest charges have been settled.
What to bring to your loan application meeting
In order to process your application promptly we require you to bring the following documents to your loan application meeting:
- original truck registration documents, in you or your company’s name
- an original identity document
- proof of address
Why pawn your truck with LoanAgainst?
LoanAgainst allows you to borrow money against your truck and turn generate rapid funding for your business.
Our process is designed to reduce loan turnover times, eliminate red tape and make the loan process as discrete and unintrusive as possible.
So long as you are the legal owner of the truck being pawned and your vehicle qualifies for a loan, we’ll be able to offer you a loan at approved National Credit Act rates within 24 hours.
Apply online
Pawn your truck FAQ
Can I pawn a truck without the original registration documents?
No, your truck will need to be registered in your or your business’s name.
Will anyone drive my truck during the loan period?
Your truck will not be used during the loan period and will be stored in a secure location for the duration thereof.
Is my truck insured for the loan period?
You are responsible for insuring your truck when driving it to or from our offices. The truck is then covered by our insurance while in our possession.
Pawn your truck FAQ
Can I pawn a truck without the original registration documents?
No, your truck will need to be registered in your or your business’s name.
Will anyone drive my truck during the loan period?
Your truck will not be used during the loan period and will be stored in a secure location for the duration thereof.
Is my truck insured for the loan period?
You are responsible for insuring your truck when driving it to or from our offices. The truck is then covered by our insurance while in our possession.
- “Thank you so much for assisting at such short notice and handling this transaction so professionally.”JH Pierneef
- “Your transparent valuation methodology gave me the confidence and assurance I needed to secure the funds I required. Thank you for your discreet and transparent nature in which you effected our transaction.”Diamond Ring
- “Just a short note to confirm that the funds are available in my account this morning. Thanks again for handling this rather embarrassing situation professionally and discreetly. I look forward to a long association with you guys.”BMW 330i
- “I cannot begin to thank you for your approach and the entire process you managed this ‘business deal’. Please accept my sincere thanks and appreciation for appreciating my situation and treating me with your humbleness, kindness and humanity. Your disposition is rare and far between.”Lindiwe
- “You managed to make an awkward circumstance simple and professional. Thank you.”Wakaba Mutheki (art)
“I cannot begin to thank you for your approach and the entire process you managed this ‘business deal’. Please accept my sincere thanks and appreciation for appreciating my situation and treating me with your humbleness, kindness and humanity. Your disposition is rare and far between.”
Lindiwe
Illustrative example
Client borrows R10,000 for 90 days.
|
Loan amount |
Repayment terms |
Monthly repayment |
Total repayment |
Initiation fee |
Monthly fee |
APR |
|
R10,000 |
3 Months |
R560 |
R12,370 |
R1,000 |
R650 |
60% |