Motoadvance loan
- Application form
- National ID card or passport, proof of address, original vehicle registration document (pink card), photographs of the vehicle, valuation report, and bank statements for the last 6 months
The Motoadvance Loan (a loan secured by a vehicle registration document) is a secured credit facility that allows individuals and businesses to access financing by using their vehicle’s registration document as collateral, while retaining the ability to continue using the vehicle throughout the term of the loan. It is designed for employees, business owners, entrepreneurs, professionals, transport operators, and anyone who owns a vehicle registered in their own name.
Motoadvance loan
Fast financing secured by your vehicle’s registration document—and you get to keep using the vehicle.
What is the Motoadvance Loan?
Get cash quickly without selling your vehicle, and continue driving it every day.
What amount can I borrow, and for what duration?
Jusqu’à USD 17 000, sous réserve des marges de sécurité applicables. Durée maximale de 24 mois.
What guarantee is required?
Vehicle registration document in the borrower’s name, vehicle inspected and appraised, GPS tracker installed, and comprehensive insurance.
Who Can Borrow
Employees, business owners, entrepreneurs, professionals, and transport operators who own a vehicle registered in their name.
Reimbursement Method
Fixed monthly payments over the term of the loan, with the vehicle remaining available for the borrower’s use.