Vehicle Loan

We offer Vehicle Loans for new and used vehicles. Requirements are:

New Vehicles

An invoice from garage/letter from vendor confirming purchase price as well as details of the vehicle. Details at minimum shall include the following:-

• engine & chassis numbers and vehicle registration number
• year, colour and model of vehicle
• confirmation of comprehensive insurance coverage from an Insurance company.

Used Vehicles

• A letter of certification of ownership from the vendor confirming that the vehicle is free from prior charges, loans, judgements; or where the vehicle is encumbered or subject to an existing loan, confirmation of balances should be provided.
• Confirmation of payment of comprehensive insurance or coverage of third party insurance or quotation for insurance premium.
• A valuation report not more than two (2) months old from an authorised dealer.
• A valuation report not more than two (2) months old from an authorised dealer.
• An up-to-date Road Worthy Certificate from an authorised dealer or Government Agency.
• A current Insurance Cover Note in the name of the seller or current Insurance Certificate.
• A letter from the seller confirming the intent to sell and the price.

Vehicle Repair & Insurance Loans

If you need a loan for vehicle repairs, an estimate of expenses to be incurred is required. For a loan to cover vehicle insurance, an invoice from the insurance company is required.