Loan against your assets
We enable you to raise cash against your fully paid up vehicle in a discreet and speedy process. You can get paid within hours. First Advance also allows a very quick and efficient process of getting a loan on your property. We use eft to pay you, however if you want hard cash we can help you too.
Loan Example
Loan Amount
Days to Repay
Monthly Interest
Fees
%
APR
Total Repayment
FAQs
Why use First Advance?
We enable you to raise cash against your fully paid up vehicle in a discreet and speedy process. You can get paid within hours. We use eft to pay you, however if you want hard cash we can help you too
What documentation do I need to provide?
You need to provide your:
ID
Driver’s license
Proof of address
Original registration document
Service book
Keys
How much do I qualify for?
Loans start from R5000 and are dependent on the value of your asset , which will be used are surety
What is the repayment peroid?
The loan can be paid in 90 Days. The repayment amount will include interest.
Why does First Advance hold on to my Asset for the duration of my loan?
We need surety to be able to unlock your cash. We return the asset to you as soon the loan amount is paid in full.
Where is my asset stored for the duration of my loan?
Your asset is stored in a secure, locked up storage facility with 24hr security, CCTV cameras, etc.
Do I need insurance on my asset?
We will insure your asset whilst in our possession. We recommend that you also keep your asset insured for the duration of your loan.
What happens if I cannot repay my loan?
We will extend the term of your contract by agreement as long as all charges on the loan gets paid in full.
