The revolving credit advantage of lend and park
Effortless cash access is possible through a revolving credit system. This is how it’s made possible.
The old adage of time is money has never been more appropriate than when looking for a loan to help finance a business project, to buy stock or to renovate a property. Whatever your needs are, time is of the essence.
First Advance understands how important it is to get money quickly and to be able to use it quickly. This business understands how quickly deals can be lost and bargains can be snapped up by other people because they have cash on hand.
The lend and park (Pawn) product caters for the above mentioned needs perfectly. All you need is a vehicle or truck and you will be helped almost immediately. The cost of loaning money against these assets is also comparatively very reasonable. This is because the asset is held by First Advance and is safe. First Advance also gives a far higher loan value based on the trade value of your vehicle or truck than any other way of loaning money.
A lot of clients have a revolving credit system with First Advance whereby they actually leave the papers of the vehicle or truck with this reputable lender even though they have settled the loan.
For them it is just a matter of time before they will need to access more cash. When this happens, it is just a matter of dropping off the truck or car at the yard and doing a simple sign and scan for a new contract and they immediately have the money that they need.
Simple and easy is a great way of being able to do business and pay for things without actually having to sell assets.
An asset like a car or truck is something that one never wants to sell but having it sitting in a garage when it could be unlocking cash for you is probably not always that sensible.
What is sensible is to bring it to First Advance when you have something you need to buy and they will let give you the cash for the period you need it and then when you are ready you can settle your loan with us and get back the asset that you rightfully own and enjoy having around you.
A lot of our clients have expensive sports cars and luxury vehicles that they don’t necessarily use all the time and these make great cash solutions or cash cows when you need it most.
Access effortless cash with First Advance.
Also Read: Six ways to reduce your living costs in South Africa in 2023
