Cars

Lamna offers loans against cars, so if you need funds fast, you can use a car as security for your short-term loan.

With lamna, there’s no waiting, no complex paperwork and no need for proof of income or a clear credit rating. The process is fast, straightforward and completely discreet.

Contact us and let us know the make, model, year and mileage of your vehicle. These factors help us determine the value of your car.

Based on the value of your car, we’ll then make you an offer immediately over the phone. If you choose to proceed, you will need to bring your vehicle to one of our countrywide offices where we will be able to more carefully and thoroughly evaluate your vehicle.

If all is in order, we will conclude the agreement and transfer the funds into your account which will be available for your immediate use..

Can I get a loan against my car if I am still paying installments?
The answer, unfortunately, is ‘no’. If you want to borrow money against your car, there can’t be any debt outstanding on the vehicle.

What will happen to my car once I hand it over?
Your car is stored in a completely secure location and is not driven at all. When you’ve repaid the loan and monthly interest (which is charged in line with National Credit Act guidelines), the vehicle will be safely returned to you in the same condition and with the same mileage as when you entrusted it to us.

Documents required for loans on cars:

  • the original car registration documents, which must be in your name
  • your ID
  • proof of address

Raise Capital From Your Luxury Car

Toyota Fortuner


Loan Offer
R250 K

Mercedes C200


Loan Offer
R120 K

Ford Ranger


Loan Offer
R275 K

Porsche


Loan Offer
R650 K

Landrover


Loan Offer
R500 K

BMW 320i


Loan Offer
R650 K

Ferrari


Loan Offer
R1.4 M

Latest Assets News From The Lamna Blog

Using a Car to Get a Loan

A fully paid-up car in your name has value and can be used as a form of equity. If you need cash, it's possible to unlock part of this value without selling the vehicle. Instead you can use the car as collateral for a short-term loan. This means you can get the money...

read more

Car as collateral for quick cash loan

Motoring STAFF If you need some cash in a flash, but you’ve exhausted your more traditional capital sources, local short-term asset-based lender Lamna Financial may have the answer: The company will give you a cash loan, using your car as collateral provided it has no...

read more

Speak to a consultant

086 111 2866

or Apply online


Have Questions?
Know more and read our FAQ’s or contact us if you have any queries.
Read the FAQs Get in Touch


Refer a Friend or Become a Partner
Do you have friends that could use Lamna? Refer your friends and get some cash or do you have what it takes to help people who need loans to find lamna? If so join our rewarding Partner Program.
Refer a friend Partner Program