Frequently Asked Questions

We want to make sure you get all the help you need when you take out a loan with The Loan Company. We have compiled a list of common questions about assets loans. If you have any additional questions, enquire today and we will gladly help you. Fill in our contact form to get in touch today.

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Enquire About Our Asset Loans:

Enter your details below. Please note we only give loans against paid up assets that people already own. We unfortunately do not offer PERSONAL LOANS!

    Please select the asset you own:

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    Why should I use “The Loan Company”?

    Our processes are quick and efficient and we pay money into your account immediately. So, if you need instant cash against your assets, we can help you.

    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?

    Our loans start from R5000 upwards and are dependent on the value of the asset that will be used as surety.

    What is the repayment period of the loan?

    The loan and the interest can be paid back in 61 – 90 Days.

    Why does The Loan Company hold onto my asset for the duration of the loan?

    We need some form of collateral before we can give you a cash loan. As soon as you settle the loan, we return your asset to you.

    Where is my asset stored while it is in possession of The Loan Company?

    Your asset will be stored away in a secure, locked up storage facility with 24hr security, CCTV cameras, etc.

    Do I need insurance on the asset I will be leaving with The Loan Company as surety?

    While your asset is in our possession, we will insure it. However, we recommend that you also keep your insurance in place as well.

    What will happen if I don’t have the money to pay back the loan?

    As long as you pay back the interest and the charges on the loan, we will extend the term of your contract by agreement.

    More Question? Ask us!

    If you cannot find the answer to a question you might have for us here, enquire today and we will gladly assist. Complete the form and get in touch today.