Money in your account
Once you’ve accepted our loan offer and completed an ID check, we process payment immediately and deposit the funds directly into your bank account by EFT (electronic funds transfer). Loans can be taken for up to 3 months, with an option to extend for a longer loan provided the interest is fully paid at the end of the 3 month term.
With Assetline, there are no:
- Monthly principal payments
- Early redemption penalties
- Exit fees for early loan repayments
What happens next?
At the end of the loan, once you have repaid the principal interest and outstanding costs, we release the encumbrance over the asset (where relevant) and return it to you.
If for some reason you are unable to repay your loan at the end of 3 months, there are no penalty fees. We will simply sell your valuables to recover the following:
- The amount you borrowed,
- Any outstanding interest, and
- Any other costs as outlined in your loan contract.
About us
Founded in 2012, Assetline enables customers to borrow against their assets, in an environment that is confidential, discreet, flexible and secure.
Contact Us
Email: info@assetline.co.za
Tel: 010 595 1050
Fax: 086 566 9081
Address:
2nd Floor,
108 Elizabeth Avenue,
Corner Grayston Drive,
Parkmore,
Sandton,
2196