Pawn your Car in London and Essex
Use your car to raise a Fast Cash Loan
Maxcroft has many years of experience lending against all manner of vehicles, including cars, (modern or vintage), vans, jeeps, luxury cars, sports cars, collector cars, and motorbikes.
We lend against the vehicle’s second-hand trade value. The amount we are able to lend will depend on the model of the car, its age, condition, mileage and desirability. Compared to other lenders, our car loans are very generous enabling our clients to access the maximum short-term loan against their vehicle.
Where a vehicle is highly collectable or specialised we will refer to specialist associates with whom we are connected to make sure that we are providing a loan based on the most up-to- date market value.
There are no set up fees or hidden charges. All loans are for a term of 6 months and can be repaid at any point in the loan without penalty. The amount payable will be the loan amount plus interest calculated up to the point of redemption. If it’s not convenient to redeem the loan after the initial 6 months, then loans can be renewed for a further 6 months by paying only the interest for the previous six month period.
When pawning your car it’s important that there be no existing finance on the car and that the log book is in your name.
Valuation of your car for a loan
These are the things we take into account to assess the value of a loan against a car:
- make and model of the car
- service history
- provenance for collector cars
As primary lenders we take a flexible approach. We are experts at appraising vehicles and making a solid loan offer. The loan is issued on the spot in our offices based in East London Essex.
Maxcroft has been lending against assets for over 40 years and has issued hundreds of loans against vehicles of all kinds. We are confident that our service is second to none. We offer discreet and expert loans on cars at very competitive rates.
Using a vehicle as security against a loan is a good way to raise business finance too. If you have a business and need to raise a business loan fast, then pawning your car may be a very quick and easy way to raise a business loan.
- No credit check required
- No form filling
…so pawning your car is a quick way to raise cash.
Follow this link for more information about our pawnbroker service in East London and Essex.
Please do get in touch if you would like more information about how we can arrange a loan on a car or how to pawn your vehicle so you can release some of its value without the need to sell it.
You risk losing your items if you fail to repay on your due date.
We'll be happy to answer any questions you may have.