Car secured loans

You also have the option to apply for a loan by backing it with your car.

How does it work?

First you need to send us a request using your mailbox. The information should include details of the car. We will assess the value of your car and determine the maximum loan amount after receiving the necessary details from you. You must also send us your last six months' bank statement.

Next a pending loan application will be made. When the required amount has been reached, a letter of authorization will be issued to you, using which you will need to register the car to the portal administrator at The Estonian Road Administration. We will transfer the loan amount after the successful registration and you can continue using the car.

After the loan amount has been repaid the car will be registered back to you.

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