BizFunding offers trusted company car pawn services in Sandton. We stand out from the crowd with an approach that’s transparent and respectful.
Why consider pawning a business vehicle?
There are a number of reasons why pawning a business vehicle makes sense:
- convenient online application
- quick and easy funding approval
- limited paperwork
- transparent terms
- low risk
- complete confidentiality
- same-day access to funds
- flexible repayment terms.
As with any form of pawn agreement, pawning a vehicle is a good alternative only if you need short-term funding to cover a gap in cash flow, for example.
Your ability to pay back the funds in the coming months is key.
How our Sandton company car pawn services work
At Bizfunding, we provide instant finance based on the value of a fully paid-up company car.
We offer a straightforward online application, requesting information about yourself and the vehicle.
Once the photos and documents required to support the application are emailed to us, a consultant will contact you with a funding proposal, which you can accept or reject.
If you wish to pursue the transaction, a face-to-face meeting is set up to:
- enable a physical vehicle inspection
- formalise the funding agreement in writing
- facilitate the handover of the car and electronic transfer of funds.
The vehicle is insured and securely stored in a lock-up facility for the duration of the loan term. It is returned in the same condition and with no alteration to the odometer reading.
Should the funds not be repaid within the agreed terms, the vehicle may be sold and the proceeds used to recoup our losses.
How much we offer against business vehicles
The available funding is based on the current market resale value of the company car.
Factors, including the make, model, age and condition of the vehicle, are taken into account to inform fair value and determine the amount we offer.
BizFunding has processed company car pawn loans of up to R2 million.
Required documentation
The documents required to support your application are the vehicle registration papers, company documents, a copy of the director’s ID and proof of business address.
We require up-to-date photos of the vehicle’s interior and exterior, service history and odometer reading.
Areas of Sandton (and beyond) where we operate
BizFunding is based in Sandton, with offices in Sandown.
We serve all areas of the City of Johannesburg Metropolitan Municipality, including suburbs to the north and south, and surrounding areas within a 200-kilometre radius of our premises.
How to apply for a company car pawn loan in Sandton
Applying for a company car pawn loan through BizFunding is as easy as completing our online application form.
Alternatively, you can call us on 010 158 2499 and one of our consultants will answer any questions and guide you through the process. Our offices operate between 8:30 a.m. and 4:30 p.m., Monday to Friday.
Car pawn loan transactions are not reported to credit bureaus, and have no impact on company credit ratings.
