LOANS AGAINST NON-FUNGIBLE TOKENS

Lamna is the first company in South Africa to offer loans against non-fungible assets.

As a modern investor, you understand that when it comes to investing in assets, the landscape has changed.

The explosive growth of crypto has opened a new world of investment opportunities, with non-fungible assets rapidly emerging as an important asset class for investors.

In response to this change to the investment landscape, we have started offering advances on your digital assets.

To qualify for a loan against your NFT we will need to verify the unique identity and ownership of your NFT, as well as understand the underlying value of the asset itself. Once we have done that, we will make an initial loan offer.

We believe we are the first company in the world to offer loans against NFTs. Our rates are competitive. We don’t charge any hidden fees or penalties, and our process is discreet, transparent and fast. We also comply fully with the National Credit Act guidelines.

If you would like to find out more, please contact us on 086 111 2866.

Speak to a consultant

086 111 2866

or Apply online

Latest Assets News From The Lamna Blog

Speak to a consultant

086 111 2866

or Apply online

Find out more about loans with motorcycles as the collateral and how you can pawn your bike
Have Questions?
Know more and read our FAQ or contact us if you have any queries.
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APR & Loan repayment period

Fixed rates range from 36% to 60% APR and payment options range from minimum 3 to maximum 24 months. Apart from the initiation and monthly fees shown below, the only additional fee is credit life insurance if the borrower does not have this already.

Renewals

All accounts may be renewed if they are up to date.

Collection

All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.

Non-payment

Non-payments may result in the matters being escalated.

Illustrative example

Client borrows R10,000 for 90 days.

Loan Amount Repayment Period Monthly Repayment Total Cost of Loan Initiation Fee Monthly Fee
(Interest + Service charge)
APR
R10 000 3 months R568.40 R12 902.20 R1 197 R560 60%