Xcelsior Loans Benefits

Overview

Xcelsior Loans are short term cash loan providers with a difference. A registered South African micro lender, Xcelsior focuses on constant improvement in the provision of secured credit. The institution offers micro finance backed by motor vehicles. 

What are some of the benefits offered by Xcelsior Loans?

Applicants can get access to finance from R5000 to R500 000.

All types of vehicles are accepted as collateral, from cars to boats.

The loan amount is determined by the value of the vehicle.

There are no affordability assessments conducted, so even individuals with bad credit records can be approved for finance.

The paperless application process is fast and simple. There are no long queues to wait in.

Once you have been approved for the loan, you can expect to have the cash in your account within 45 minutes.

Xcelsior Loans is a registered credit provider so you can rely on them to provide you with quality service, in accordance with the National Credit Act. You cannot borrow for more than what the vehicle is worth.

You will pay a lower interest rate compared to the rates charged on unsecured loans

You have the benefit of more relaxed lending criteria.  Unlike traditional lending institutions such as banks, Xcelsior Loans has simple criteria.

The entire process is simple.

You can phone Xcelsior to arrange an appointment. You assets will then be assessed to determine the loan amount you qualify for. This process takes about 30 minutes.

Payments are made after approval. The amount for which you qualify will be paid directly into a bank account of your choice.

Vehicles are stored in a secure facility with 24-hour security.

As soon as you wish to settle your loan, Xcelsior will return your security in the same condition in which it was received.

For more information, visit www.xcelsiorloans.co.za