We specialise in loans against movable assets. We are an established and registered financial services provider offering asset-based lending in South Africa, with over ten years of experience in facilitating loans against motorcycles and other vehicles.
Rather than selling your motorcycle to access funds, you can use it as collateral for an asset-based loan and retain full ownership throughout.
How a motorcycle pawn loan works
Pawning a motorcycle involves using it as security for a loan. Our loans are based on the market resale value of your motorbike. Simply send us the make, model, year and overall condition of your motorcycle and we will make an immediate loan offer.
Should you wish to proceed, you’ll bring your motorcycle to one of our physical branches, where we’ll do a final assessment. If you are happy with the finalised offer, the agreement is signed and we can transfer the loan amount into your bank account. This typically happens within 24 hours.
We will take temporary custody of your motorcycle for the loan period. Once the loan is repaid, your motorcycle is returned to you. Our interest rates are competitive and adhere fully to NCR regulations.
Makes of motorcycles we accept
We offer loans against most motorcycle brands, provided the motorbike is in good condition and has reasonable resale value. These are just some of the motorcycle brands we accept:
- Ducati
- Harley Davidson
- BMW
- Suzuki
- Triumph
- Honda
- Kawasaki
- Yamaha
- KTM
- Indian
- Royal Enfield
Don’t see your motorcycle above? We offer loans against a wide range of motorcycles. Contact us to find out if we can offer you a loan against yours.
We specialise in loans against movable assets. We are an established and registered financial services provider offering asset-based lending in South Africa, with over ten years of experience in facilitating loans against motorcycles and other vehicles.
Rather than selling your motorcycle to access funds, you can use it as collateral for an asset-based loan and retain full ownership throughout.
How a motorcycle pawn loan works
Pawning a motorcycle involves using it as security for a loan. Our loans are based on the market resale value of your motorbike. Simply send us the make, model, year and overall condition of your motorcycle and we will make an immediate loan offer.
Should you wish to proceed, you’ll bring your motorcycle to one of our physical branches, where we’ll do a final assessment. If you are happy with the finalised offer, the agreement is signed and we can transfer the loan amount into your bank account. This typically happens within 24 hours.
We will take temporary custody of your motorcycle for the loan period. Once the loan is repaid, your motorcycle is returned to you. Our interest rates are competitive and adhere fully to NCR regulations.
Makes of motorcycles we accept
We offer loans against most motorcycle brands, provided the motorbike is in good condition and has reasonable resale value. These are just some of the motorcycle brands we accept:
- Ducati
- Harley Davidson
- BMW
- Suzuki
- Triumph
- Honda
- Kawasaki
- Yamaha
- KTM
- Indian
- Royal Enfield
Don’t see your motorcycle above? We offer loans against a wide range of motorcycles. Contact us to find out if we can offer you a loan against yours.
To use a motorbike to get a loan, the bike must be fully paid for and registered in your name.
Documents required for loans on motorbikes:
- the motorbike’s registration documents, which must be in your name or your company’s name
- your ID
- proof of address.
FREQUENTLY ASKED QUESTIONS ABOUT LOANS AGAINST MOTORCYCLES
A motorcycle pawn loan uses a paid off motorcycle as collateral – meaning the bike acts as surety. This is a type of asset-based lending. Because an asset backs the loan, there’s no complex approval process (and no requirement for credit checks or details like employment history).
Our loan periods are usually 3 to 6 months in length with a maximum of 24 months. A Lamna consultant will be able to give you a clear breakdown of the repayment schedule.
Our loans range from a few thousand up to millions of rands. It all depends on the value of your asset.
Because the loan uses a motorcycle as collateral, the loan amount is based on a percentage of the market resale value of the motorbike.
You only need to supply the motorcycle’s registration certificate (in your name), your ID book or card and proof of residence to apply.
No. Your motorcycle will need to be surrendered to us for the duration of the loan so it can stand as surety.
Offers that claim you can pawn your motorcycle and still ride it are viewed by the NCR as scams and can result in you losing ownership of your motorcycle.
Your motorcycle will be stored in a secure facility with strict access control for the duration of the loan period. No one will ride your motorcycle during this time.
Yes, all vehicles stored with us are covered by our insurance. You will still need to ensure your motorbike is insured when you ride it to and from our offices.
A rushed sale often means accepting less than your asset is worth. Selling can also take time and there’s always a risk of scams.
An asset-based loan is fast (usually within 24 hours) and it means you don’t have to give up ownership of your motorcycle. You can even use the same motorcycle to secure a loan more than once.
Yes, it is perfectly safe. Asset-based loans are just another type of secured loan. As long as you use an established and registered financial services provider, pawning a motorcycle is quick, easy and safe.
Lamna is a registered credit provider (registration number NCRCP7428) in South Africa and we are listed on the NCR database.
We have physical branches in Cape Town, Gqeberha, Sandton and Durban.
USE A MOTORCYCLE TO SECURE CAPITAL
