Xcelsior Loans is a registered credit provider with South Africa’s National Credit Regulator: NCRCP4752
About – Xcelsior Loans
Xcelsior is a registered South African micro lender with privately owned capital. We use a unique business model which allows us to overcome the lending barriers set by the big players in the industry.
We have an expert team with long term experience that is constantly working to provide the most advanced solutions.
We take pride in our efficient money management which allows us to provide lucrative low-risk opportunities to investors. Our market insight, dedicated customer service and well developed structure give us a solid base for further expansion.
We focus on constant improvement in the provision of secured credit for achieving market leadership.
Services – Xcelsior Loans
Xcelsior is a provider of short term loans. We are a registered South African lender specialising in micro finance backed by motor vehicles.
We accept all types of vehicles from cars to boats as collateral with the loan amount being determined by the value of the vehicle. We do not run an affordability assessment and we welcome customers in any financial situation including those who are blacklisted.
You can get between R5,000 and R500,000 with us.
The paperless application process is fast and simple. You can have the cash wired to your bank account within 45 minutes.
We offer business opportunities to investors as well.
Summary of Services
- Short-term loans
- Emergency cash loans
- Lifestyle finance
- Fast loans online
- Loans for bad credit
- Short-term personal loans
- NCR registered credit provider
- Credible & perfectly dependable
Xcelsior Loans - How Good Are They?
It is now harder than ever before to obtain a personal loan in South Africa as you have to meet strict credit history criteria as well as income criteria. However, there are lenders that have more relaxed criteria.
Use this Xcelsior loans review to find out whether they are the right short term loans for you in terms of accessibility and affordability.
Xcelsior is a registered micro lender covering the whole of South Africa. The company has been around for quite some time and has earned good reputation in the market.
It's credible & perfectly dependable.
The security which is placed is a vehicle.
It can be any type of vehicle - car, truck, SUV or a motorbike.
The placement of collateral has two major benefits which you must take into account. Firstly, you do not have to meet any other qualifying criteria.
Xcelsior will not check your credit history and credit score.
You can qualify for the loan even if you are blacklisted or have judgement against your name. The other benefit is that you will pay lower interest rate compared to the rates charged on unsecured loans.
This is because the risk for the lender is lower when there is security.
With Xcelsior loans, the risk for the lender is lower and this makes them cheaper, but the risk for the borrower is higher at the same time. You must take this into account. When you place your vehicle as collateral and you default on the loan, the lender will have the full right to repossess it. In this case, you can lose your car even if you own less than what it is worth.
Xcelsior loans allows you to borrow between R5,000 & R500,000.
However, the maximum loan amount which you can take out will depend on the value of your vehicle. You cannot borrow more than the vehicle is worth.
Overall, the Xcelsior short term loans are a viable solution for borrowers who cannot qualify for the credit products of banks.
Ph: 012 997 1062
Fx: 012 997 3948
Em: [email protected]
- Monday 08:00 – 17:00
- Tuesday 08:00 – 17:00
- Wednesday 08:00 – 17:00
- Thursday 08:00 – 17:00
- Friday 08:00 – 17:00
- Saturday 08:00 – 12:00
- Sunday Closed –