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Get a Loan AND Use Your Vehicle: A New Opportunity
Date: 2012-01-12

On the basis of customer demand we have introduced a car loan product which enables the owner of a vehicle to use it instead of park in a garage the normal activity in the industry.  Clients welcome reduced opportunity costs by using their car for personal or business and now will not have to pay additional costs such as garage and security fees.

Repeat customers are not required to submit loan documents again. Since the vehicle title certificate is under Netcapital's name, the loan can be provided in a prompt manner. The loan can be repaid faster than the agreed schedule with no penalty, the minimum interest payment must be for 7 days.  This enables customers to take loans when needed and repay when they have enough cash. This type of fast loan is similar to a credit line and reduces the interest expense for clients.    

Documents for loan request submission:

  • National Identification card
  • One passport sized photo
  • Proof of home address
  • Vehicle availability pledge
  • Documents that can identify income: social insurance book, salary identification letter from the employer and business income record book, and other documents as required

If interested, please contact us for further details.


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