Loans against cars in Pretoria East

BizFunding offers competitive loans against cars in Pretoria East, with headquarters in Pretoria itself. No matter which Pretoria suburb you’re in, we can offer a fast, reliable loan against your vehicle.

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How our Pretoria loans against cars work

With BizFunding, you can use a car to get a loan in Pretoria East. The car acts as collateral for the loan, so the loan isn’t dependent on your income or credit score.

We take temporary custody of your car to secure the loan until it’s repaid. During this time, no one else will drive or access your car.

Your ownership is not affected by the loan. Once the loan is repaid in full, the car is returned to you in the same condition you left it.

Advantages to consider

It’s common to consider selling your car if you urgently need funds.

However, this process takes time – and trying to sell in a rush can mean you end up accepting a much lower price than you should. Of course, it also means having to permanently part with the vehicle.

With a loan against a car in Pretoria East, you can get the funds you need, quickly and without having to sell.

Other advantages of loans against cars include:

  • quick and easy application process
  • very fast access to cash once approved
  • no impact on your credit score
  • a discreet and completely confidential process.

What determines how much we lend?

The loan amount is based on the current market resale value of the car. Factors such as make, model, age and condition all contribute to the loan amount offered.

In the unlikely event that you can’t repay the loan, the vehicle is sold to recoup the loan amount. This is why the loan amount can’t exceed a percentage of the resale value.

Because the value of cars varies so drastically, loan amounts can be anything from a few thousand rands up to hundreds of thousands or even millions.

Other factors that contribute to a higher resale value include a complete service history, a clean and valeted car, the spare key available and a spare tyre in place.

What you need to qualify

The car you use to get a loan in Pretoria East needs to be fully paid off, not still financed by the bank. It must be registered in your name.

When you apply for a loan against a car, you must submit the original registration certificate as well as a copy of your ID document and proof of address.

East Pretoria suburbs where we operate

We offer loans against cars in Pretoria East in the following suburbs:

Boardwalk, Bronberg, Brummeria, Clearwater Flyfishing Estate, Constantia Park, Die Wilgers, Elarduspark, Equestria, Erasmuskloof, Faerie Glen, Glenwood, Garsfontein, Hazeldean (Silverlakes surroundings), Hillcrest, La Montagne, Leeuwenhof Estate, Lombardy Estate, Lydiana, Lynnwood Glen, Lynnwood Manor, Lynnwood Ridge, Menlyn, Meyerspark, Mooikloof, Moreleta Park, Murrayfield, Newlands, Newmark Estate, Olympus, Olympus Country Estate, Pretorius Park, Rietvalleipark, Rietvalleirand, Savannah Country Estate, Shere, Silver Lakes Golf Estate, Silver Stream, Silverton, Silverwoods Country Estate, Six Fountains Estate, The Meadows, The Meadows at Hazeldean, The Ridge Estate, The Wilds, Tijger Valley and surrounds, Val de Grace, Waltloo, Wapadrand, Waterkloof, Waterkloof Glen, Weavind Park, Welbekend, Willow Acres, Willow Glen, Willow Park Manor, Wingate Park, the Blyde Riverwalk estate. 

How to apply for a loan against a car in Pretoria East

To apply for a loan against a car in Pretoria East, contact BizFunding online. We will give you an estimate on a loan based on the description of your car. If you’re happy to go ahead with the loan, the loan amount will be finalised after an inspection of your vehicle.

To learn more about loans against cars in Pretoria East and the other types of funding we offer, call BizFunding on 012 001 0095.

If you are a business owner on the road to success, or need funding to help start new projects or purchase orders, we can help you!