Registered Vehicle Loans provide secure financing for both existing and new customers, using the vehicle’s original CR as collateral during repayment.
Registered Vehicle Loans is a tailored loan service designed for individuals seeking financial assistance with the reassurance of their vehicle’s registration certificate (CR) as collateral. This program is accessible to both existing customers of the microfinance institution and those new to the service, offering a secure and straightforward way to obtain funds. By mortgaging the vehicle’s original CR, borrowers can leverage their asset without relinquishing its use, thus maintaining their mobility and operational capabilities. This loan is particularly beneficial for individuals and entrepreneurs who require immediate financial support but wish to retain the use of their vehicle. The program is structured with clear and fair terms, ensuring transparency and a manageable repayment plan.
• Uses the vehicle’s registration certificate as collateral.
• Available to a wide range of applicants, including new customers.
• Transparent terms with a focus on borrower convenience and security.
• Quick access to funds using an owned vehicle as security.
• Continued use of the vehicle during the loan period.
• Opportunity for financial assistance without extensive credit requirements.
• Possession of a vehicle with a valid registration certificate.
• Demonstrated ability to fulfill loan repayments within agreed terms.
• For new customers, submission of necessary documentation to establish credibility and trust.
Future Life Investments Ltd (FLi), இலங்கையில் 2016 இல் நிறுவப்பட்ட, புதுமையான நுண்நிதி தீர்வுகளில் நிபுணத்துவம் பெற்றது நிறுவனமாகும். சமூகங்களை மேம்படுத்துவதற்கும் பொருளாதார வளர்ச்சியை வளர்ப்பதற்கும் உறுதிபூண்டுள்ள FLi நிறுவனமானது, மூலோபாய கூட்டாண்மைகள் மற்றும் சமூகத்தை மையமாகக் கொண்ட திட்டங்களுடன் நிதியுதவியை வழங்கி ஒருங்கிணைக்க உதவுகின்றது.