Individuals and businesses with a qualifying asset to secure finance against.
Your asset can help unlock finance.
Collateral-Backed Finance is secured against a qualifying asset you own, which can support a larger facility.
What this can be used for
- Unlocking a larger facility than an unsecured product would allow
- Financing business growth using existing equipment or vehicles as security
- Accessing finance while a valuable asset works for you rather than sitting idle
How it works
- 1Submit details of the asset and the amount needed
- 2ProActive arranges verification and valuation of the asset
- 3Receive a written offer reflecting the assessed value
- 4Accept, sign the security and finance agreements, and receive funds
- 5Repay according to the agreed schedule
Who is this for?
- Legal ownership of the asset offered as collateral
- Asset falls within ProActive’s accepted collateral categories
- Asset is free of other claims, or any existing claim is disclosed
What you'll need to apply
- Proof of ownership of the asset
- Applicant or business identification documents
- Asset details (make, model, condition, location) for valuation
Benefits
- Security can support access to larger amounts
- Clear valuation and terms disclosed before you commit
- Asset ownership remains yours provided the agreement is honoured
Defaulting on secured finance puts your asset at risk. Only borrow what you can comfortably repay.
Frequently asked questions
Accepted categories depend on ProActive’s current policy and are confirmed during assessment. Speak to ProActive about your specific asset.
Estimate the cost of Collateral-Backed Finance
Adjust the amount and tenure below for a rough, disclaimed estimate.
Enter an amount and tenure, then calculate an estimate.
Ready to apply for Collateral-Backed Finance?
Apply online or start a conversation on WhatsApp.