LoanAgainst offers fast, straightforward loans against antiques in Cape Town.
We accept a broad range of fully owned antiques and artefacts as collateral for securing funds. These range from antique furniture or silverware to clocks or ornamental items of value.
Why get a loan against antiques in Cape Town?
Antiques are typically treasured items that are passed from one generation to the next. By leveraging the value of a piece in this way, there is no need to sell what is part of the family’s legacy.
Using an asset as security for a loan is the quickest, easiest and safest way of raising capital.
There is no arduous paperwork to submit, and anyone who owns a unique and well-crafted antique in Cape Town is basically pre-approved for a loan.
How loans against antiques work
Loans against antiques are an example of secured financing.
The asset – in this case, an antique – is retained by the finance provider as collateral for a loan.
The loan amount offered depends purely on the assessed resale value of the antique.
Once the loan is repaid, the antique is returned. It can then be sold, kept for future generations or even subsequently used to secure another loan.
Advantages of getting a loan against antiques
Collateralized loans are easy to get. Factors like income, debt review status, credit score and job status are not considered.
The only factors that are taken into account are the condition, rarity, age and provenance of the antique tendered as security.
The entire process of securing a loan against an antique is discrete and confidential.
No information is shared with credit agencies, and the loan has no impact whatsoever on the applicant’s credit record.
Using an antique to release funds is low-risk. In the case of a loan default, the only asset that is forfeited is the item tendered as collateral.
How to apply for a loan against antiques through LoanAgainst
At LoanAgainst, you can chat directly with a loan advisor or fill in our online application form.
In both instances, we require:
- a detailed description of the antique
- photographs, valuation certificates, receipts and any other documents to support authenticity
- any additional information, such as age, provenance, maker’s mark and so on.
Once we have assessed the information, we make a no-obligation offer of a loan. The initial offer is subject to a physical appraisal of the item at one of our Cape Town branches.
At that point, a firm offer is made, an agreement signed and the funds transferred into your account.
The antique is insured and securely stored while in our care. It can be collected once the borrowed funds have been paid back.
Why LoanAgainst?
LoanAgainst is a division of an accredited finance provider and has a proven track record in the asset-based lending space.
Capetonians who borrow money through LoanAgainst can expect:
- integrity and discretion
- competitive interest rates
- easy repayment terms
- fair, no obligation loan offers
- quick (typically 24-hour) access to funds.
Where to get a loan against antiques in Cape Town
LoanAgainst makes it quick and easy to get a loan against antiques in Cape Town, with branches in the city centre, Heathfield and Brackenfell.
For more information about how to get a loan, contact us on 27 10 745 7061 or simply submit our online application form.
