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We lend against the following security examples.
Motor vehicles, Cars, Vans, Trucks, Motorcycles, Caravans, Boats, Jetskis and we will consider other security such as aeroplanes or other items of value.
1. You, the borrower contact us and describe the security item you wish to lodge for the loan. 2. We, the lender will indicate the loan amount, terms and conditions that we will lend on that security.
3. If loan amount and conditions are acceptable to you, present the security at our office for our visual inspection.
4. If the security item passes visual inspection the loan documents are signed. (usually takes 15 minutes.)
5. After signing the loan documents the loan is immediately available.
The security, for example a Car, must be unencumbered (no money owing) and owned by the borrower.
The security is stored with us and returned when loan is repaid
We require:
2 forms of identification
Registration certificate. (In name of borrower)
Comprehensive insurance policy (if requested)
Keys
Procedures of How it Works.
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The Hoffman Group www.corsocapital.com