
Loans Against Designer Bags
Loans Against Designer Bags
Unlock the value of your luxury handbag without having to sell it.
At LoanAgainst, we offer quick, straightforward loans against designer bags. Apply in minutes, finalise an agreement and typically receive funds in your account on the same day.
How to get a loan against a designer handbag
Simply complete our online application with your contact details and provide information about the bag you wish to use as collateral.
Please include details such as the bag’s brand, model, year of manufacture and condition.
Based on this information, we’ll provide a provisional loan offer. To finalise the amount, an in-person valuation of the bag is needed. Then we can draw up and sign a loan agreement.
We take temporary possession of the bag and the funds are transferred directly to your bank account via EFT.
Once the loan agreement has been fulfilled, your sought-after bag is returned to you, in the same condition you left it.
What you need to provide
The application process for a loan against a designer handbag is transparent and straightforward. You can begin online, but a final assessment at our office is necessary.
When visiting, please bring:
- your original identity document
- proof of address
- the bag and a purchase receipt for it (if available)
- any authentication certificate (if available).
Our loans do not impact our clients’ credit ratings. We don’t share your information with credit bureaus or any other third party.
Why consider LoanAgainst for pawning a designer handbag?
We are an established asset-based loan provider with years of experience and branches across the country.
Our process is fast, discreet and simple. Unlike traditional loans, you won’t need to submit extensive paperwork or disclose your income.
We offer loans against various luxury assets, including designer handbags, high-end watches and jewellery.
Luxury brands we offer loans against
We provide loans against specific high-fashion bags from luxury brands such as Hermes, Gucci, Burberry, Prada, Dior, Louis Vuitton and Balenciaga, among others.
The loan amount we offer will depend solely on the bag’s appraised market resale value.
Apply online





Unlock the value of your luxury handbag without having to sell it.
At LoanAgainst, we offer quick, straightforward loans against designer bags. Apply in minutes, finalise an agreement and typically receive funds in your account on the same day.
How to get a loan against a designer handbag
Simply complete our online application with your contact details and provide information about the bag you wish to use as collateral.
Please include details such as the bag’s brand, model, year of manufacture and condition.
Based on this information, we’ll provide a provisional loan offer. To finalise the amount, an in-person valuation of the bag is needed. Then we can draw up and sign a loan agreement.
We take temporary possession of the bag and the funds are transferred directly to your bank account via EFT.
Once the loan agreement has been fulfilled, your sought-after bag is returned to you, in the same condition you left it.
What you need to provide
The application process for a loan against a designer handbag is transparent and straightforward. You can begin online, but a final assessment at our office is necessary.
When visiting, please bring:
- your original identity document
- proof of address
- the bag and a purchase receipt for it (if available)
- any authentication certificate (if available).
Our loans do not impact our clients’ credit ratings. We don’t share your information with credit bureaus or any other third party.
Why consider LoanAgainst for pawning a designer handbag?
We are an established asset-based loan provider with years of experience and branches across the country.
Our process is fast, discreet and simple. Unlike traditional loans, you won’t need to submit extensive paperwork or disclose your income.
We offer loans against various luxury assets, including designer handbags, high-end watches and jewellery.
Luxury brands we offer loans against
We provide loans against specific high-fashion bags from luxury brands such as Hermes, Gucci, Burberry, Prada, Dior, Louis Vuitton and Balenciaga, among others.
The loan amount we offer will depend solely on the bag’s appraised market resale value.
Apply online
Loans against luxury handbags: FAQ
Can I keep using my designer handbag during the loan period?
Your bag is the asset used to secure the loan and so must be temporarily surrendered.
We’ll keep it safe and only authorised personnel will have access to the facility where it’s stored for the loan duration.
Where is my designer handbag stored during the loan period?
All assets are stored in a secure, off-site facility with 24-hour surveillance.
Will my designer handbag be insured while in storage?
Yes. All assets held as collateral are insured while in storage.
However, we recommend insuring valuable movable assets for when you transport them to or from our premises.
Does the loan affect my ownership of the item?
No. Provided you meet the terms of the loan agreement, your ownership of the bag is not affected in any way.
You can sell the handbag at a later stage or use it again to secure a straightforward loan.
How much can I borrow against a designer handbag?
The loan amount we offer is based on the appraised market resale value of the asset.
This will depend on conditions in the local South African market, along with factors like the bag’s condition and whether or not it’s a special or limited edition.
Loans against luxury handbags: FAQ
Can I keep using my designer handbag during the loan period?
Your bag is the asset used to secure the loan and so must be temporarily surrendered.
We’ll keep it safe and only authorised personnel will have access to the facility where it’s stored for the loan duration.
Where is my designer handbag stored during the loan period?
All assets are stored in a secure, off-site facility with 24-hour surveillance.
Will my designer handbag be insured while in storage?
Yes. All assets held as collateral are insured while in storage.
However, we recommend insuring valuable movable assets for when you transport them to or from our premises.
Does the loan affect my ownership of the item?
No. Provided you meet the terms of the loan agreement, your ownership of the bag is not affected in any way.
You can sell the handbag at a later stage or use it again to secure a straightforward loan.
How much can I borrow against a designer handbag?
The loan amount we offer is based on the appraised market resale value of the asset.
This will depend on conditions in the local South African market, along with factors like the bag’s condition and whether or not it’s a special or limited edition.
- “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)
- “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
- “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
- “Thank you so much for assisting at such short notice and handling this transaction so professionally.”JH Pierneef
“Thank you so much for assisting at such short notice and handling this transaction so professionally.”
JH Pierneef
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% |