The Loan Company

The Loan Company aims to provide individuals and companies with quick turnaround solutions for immediate, flexible, short-term loans.

They identify as an independent credit provider; thus, company shareholders generate all funding. No credit checks are needed when applying for a loan; the only requirement is the asset's value and proof that the client can make monthly payments. Clients have the option of pawning their vehicle title for cash or taking out a quick online loan against the asset. Whatever your needs are, The Loan Company can help.

The Loan Company asset loans

The Loan Company constructs loans according to the income and needs of their customers to make sure that the loan will not negatively affect them. Applying for a loan is also simple and hassle-free.

The moveable assets accepted as collateral at The Loan Company range from scooters to vehicles to boats. Clients can loan from R5,000 up to R500,000 against their assets or pawn a car for their current value. Once the application is approved, clients can expect payment within hours of applying.

What an asset loan is

Paying off an asset is a big commitment and can take years, but it has many benefits once owned by you. As soon as the asset is paid in full, it automatically becomes something that you can use as collateral because you own it.

An asset loan and pawning your vehicle title Is an alternative form of acquiring money as It is much easier and quicker than applying for a traditional loan. Asset loans and pawning your title allow you to use your asset to secure a loan without needing a credit check.

Pawning a vehicle title for cash

The main benefit of this service is that a client can pawn their car and still drive it. The Loan Company works out the value of the car and provides the client with that amount. Instead of keeping the car as collateral, the client sells the car's title to The Loan Company, which they hold until the loan is paid in full. Here, the value of the vehicle determines the amount of the loan.

Clients who decide to use their assets as collateral receive a set amount of cash worked out according to how much they need and how much they earn per month.

The client gets a set amount of money and hands over the car as collateral. They must pay back their monthly repayment amount and also interest for a set period.  The Loan Company takes the asset and safely stores it. Once the client pays off the short-term loan, the asset gets returned safely.

Assets that The Loan Company accepts

For many people, their wealth hides within their assets. The Loan Company accepts many forms of movable assets. As long as you own it, there is no reason that The Loan Company won't take it. The main types of movable assets accepted as surety for a loan are cars, motorcycles, bakkies, and trailers. They also buy trucks, boats, and caravans.

Why use The Loan Company

The Loan Company is a privately owned registered credit provider with years of experience in auto loans. Consultants are well-trained and professional; clients can expect excellent service. A great benefit of using The Loan Company is that its application process is straightforward and hassle-free.

Online application to pawn your vehicle

Clients fill out an online application form; whereafter, a consultant will immediately contact them. After the application online is done, clients will not need to wait more than 2 hours for their approval and to get their loan paid out.

The benefits of an asset loan

Asset loans allow clients to get the amount of cash they need and, in return, they give up a vehicle as collateral. As soon as the client completes the loan repayment, they receive their vehicle from The Loan Company. Clients benefit greatly from this method if they need a specific amount of money, which might be more than the car's value.

By giving over the vehicle, the client provides The Loan Company security for a loan. Now the client simply needs to decide how much they need and how much they can afford to pay per month.