086 111 2866

Loans Against Assets in Port Elizabeth

South Africa’s most trusted asset-based loan provider.

Contact Lamna

Call: 086 111 2866
Fax: 086 613 6244
Email: info@lamna.co.za
Postal: PO Box 50798, Waterfront, 8002

Port Elizabeth Address

6A Gecko Park
9 Buffelsfontein Rd
Mount Pleasant
Port Elizabeth

About lamna Port Elizabeth

Our Port Elizabeth branch is located in a secure business park just off Buffelsfontein Road (the M9), in the leafy suburb of Mount Pleasant.

The branch is on a bus route and is minutes from both the Moffet on Main Lifestyle Centre and Walmer Park Shopping Centre.

Lamna is a registered credit provider (registration number NCRCP7428) and, as such, complies fully with the National Credit Act. We offer competitive interest rates, with no hidden costs or penalties.

HOW TO GET A LOAN AGAINST AN ASSET IN PORT ELIZABETH

All we need to start the process is details of the asset you want to use to secure a short-term loan. You can call us on 086 111 2866 or simply use our online application form).

Based on the information you provide, we’ll make a preliminary loan offer.

If you choose to proceed, we’ll arrange an appraisal of the asset at our Port Elizabeth branch. Then we’ll make a formal loan offer. If you accept, we’ll draw up the paperwork and transfer the funds to your account via EFT – typically on the same day.

WHAT LAMNA OFFERS

We offer short-term loans against assets in Port Elizabeth and other urban centres across South Africa.

The loan amounts we offer range from thousands of rand up to R10 million or more.

These loan amounts are based purely on the assessed value of the assets that our clients provide as security.

Our process is fast, convenient and completely discreet.

Loans against vehicles in Port Elizabeth

We provide loans against fully paid up vehicles, including cars, small trucks/bakkies, caravans, boats and more. A vehicle must be registered in your name to qualify.

Loans against jewellery in Port Elizabeth

Our P.E. branch offers loans for jewellery items of high value. For instance, this might include a diamond ring or bracelet, or a valuable brooch.

Loans against watches in Port Elizabeth

We offer loans against high-end watches from a range of internationally acclaimed luxury watch manufacturers. Need a loan against a Rolex in Port Elizabeth, for example? We can probably assist.

Loans against artwork in Port Elizabeth

Our Windy City branch offers loans against valuable works of art and antiques, subject to assessment.

Loans against other assets

We provide loans against a wide range of movable assets of value, from designer handbags right through to personal jets.

Port Elizabeth bridging finance

Along with asset-backed loans, our Port Elizabeth branch offers bridging finance. This includes bridging finance for commercial property and for while you wait for payment of Road Accident Fund (RAF) compensation.

Speak to a consultant

086 111 2866

or Apply online

Find out more about securing a collateral loan in Port Elizabeth.
Have Questions?
Know more and read our FAQ’s 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%