Installment loan secured by vehicles and property

What it is

A traditional installment loan, but with an asset as collateral, which brings the rate down and stretches the term compared with unsecured working capital.

It suits anyone who wants better terms than working capital without the formality and the notary timeline of a home equity.

When it makes sense

• Unsecured working capital came out too expensive
• There is an asset available but the home equity term makes no sense
• You want a fixed, predictable installment in the budget

How it works

• Choosing the collateralWe pick the asset that gets in the way of the operation the least.
• OfferComparison across the partners active in this line.
• FormalizationContract and registration of the collateral.
• ReleaseFunds in the company's account.

What you will need

• Document for the asset offered
• Revenue for the last 12 months
• 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.