CPT: 087 898 3531 | JHB: 072 2311 092

FAQs

How long does it take for me to be approved?


Once we have all the necessary documents we can approve you within 3 days.

What is the loan term?


Asset Lending has a 90 day contract but cars can be settled during the loan term

How quickly and conveniently will I be able to access the funds?


Once all the documentation is in place, the process is very quick and convenient. A loan could be processed and paid out within 24 hours if we have all the right documentation.

How do you work out how much I will get loaned on my cars ?


The cash advance is a percentage of book value based on condition and mileage

Is the original vehicle registration documentation necessary?


Yes we will require the original RC1 document

How long does it take for me to get a settlement figure on a loan?


We can provide you with a settlement figure within 1 hour or less.

How long does it take for me to get my RC1/Natis back when I sell the car?


As soon as your funds reflect in our account your papers will be returned to you the same day.

Is there a limit to how much I can borrow?


The size of your facility is determined by the size of your dealership and your performance

Can I finance a car of any age?


Cars must be ten years or younger although we will consider older cars on a case by case basis

How much interest do you charge?


Interest works on a sliding scale dependent on the size of your facility with us.

Are there any fees besides interest?


There is a small once off fee on each contract.

I am ready to sign up - who do I contact


We have offices in both Gauteng and Cape Town and also service clients in Durban. Contact us on the following numbers CPT: 087 898 3531 | JHB: 072 2311 092. You can also email us on info@assetlending.co.za

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