Auto equity for companies

What it is

Same logic as home equity, with a vehicle in place of a property. Smaller ticket, much faster review, and the asset keeps running in the operation.

It is the way out when the company needs cash in days, not weeks, and does not want to tie up a property.

When it makes sense

• The fleet is paid off and sitting idle as an asset
• The home equity timeline is too long for the urgency
• The amount needed fits within the value of the vehicles

How it works

• Fleet appraisalI look at the year, model and condition of the paid-off vehicles.
• OfferI compare the partners that work with vehicle collateral.
• InspectionA simple inspection and approval.
• ReleaseLien registered and credit in the account.

What you will need

• CRLV vehicle registration documents
• Proof that the vehicles are paid off
• Company revenue
• CNPJ registration certificate (Brazilian company tax ID) and articles of association

The list can change with the institution and the size of the deal. I confirm what is actually required before you gather a single document.