With BizFunding, pawning a company car in Pretoria is a quick, discreet and reliable way to secure short-term funding for a business.
Whether you need to bridge a cash flow gap or take advantage of a time-sensitive opportunity, you can use a company-owned vehicle to get funds straight away.
This type of finance is just one of several flexible and innovative business funding solutions we offer. Our aim at BizFunding is to partner with businesses – making it simpler and easier to access the funds required to support company growth.
Keep reading for more information or jump to a section of interest:
- when to consider pawning a business vehicle
- how much we offer
- what documentation is needed
- where we operate
- how to apply to pawn a company car in Pretoria.
When to consider pawning a business vehicle
Using a company car to secure short-term funding has a number of potential advantages.
The process is extremely quick. It may be the perfect alternative if you need funds fast for your business.
It doesn’t involve a lot of paperwork or a cumbersome approval process.
It has zero impact on your or your company’s credit rating, and is completely discreet.
It also won’t put any other assets, income or accounts you have at risk. It’s purely the vehicle that secures the funding.
As for any loan, it’s important to ensure you know and understand all terms and conditions. We make a point of explaining everything and answering any questions you might have.
You also need to be confident about your ability to repay the funds in accordance with the agreement terms. This type of finance is designed to meet short-term funding needs, typically covering periods of up to 90 days.
How much we offer against company cars in Pretoria
BizFunding offers funding ranging from R50,000 and up against fully paid-up, company-owned vehicles, in Pretoria and elsewhere in Gauteng.
The amount we can offer will be a proportion of the car’s current market value.
Among the factors that help determine this are the car’s make, model, age, mileage and condition.
What’s involved in pawning a company car with BizFunding
Simply provide us with details of the business vehicle, along with your company and identity details. You can complete this process online.
We’ll contact you straight away and guide you through the rest of the process.
This will include arranging to meet so we can inspect the vehicle and signing relevant paperwork. We’ll then book the vehicle into our secure facility and pay you the funds straight away.
For the duration of the agreement, the car will be securely stored and insured. At the time it’s checked in, we’ll provide photographs and a checklist, detailing its condition and mileage.
Once the terms of the agreement are met, we’ll repeat the process, verifying that the car is in exactly the same condition as when you left it with us.
For more details, including required documentation, see our Pawning a Company Car page.
Where we operate
BizFunding is based in Pretoria. We offer funding against business vehicles in and around the city, and elsewhere across Gauteng.
Pawning a company car in Pretoria: how to apply
To apply to pawn a business vehicle in Pretoria, simply start your application online or call us on 012 001 0095. Once we have the details of your vehicle, we’ll make an initial offer straight away.