Loan and security deed
Gives you the ability to raise finance using equity in your vehicle as security for the loan, thus leaving other credit lines untouched.
Consider these benefits:
- - Payments can be tailored to suit your requirements.
- - In most cases the motor vehicle will be the only security required.
- - Smaller and more manageable repayments with the placing of a residual or balloon payment at the end of the contract term.