Collateral Loans
Collateral-Based Loans are designed for clients who require higher loan amounts or more flexible terms and are able to provide acceptable collateral as security.
Suitable For:
Business expansion and capital-intensive projects
Asset acquisition
Consolidation of existing obligations
Key Features:
Flexible repayment terms based on collateral value
Competitive interest rates due to reduced risk
Clear valuation and documentation process
Transparent loan agreements
Acceptable Collateral include:
- Motorbike (with white book and Comprehensive insurance- One year)
- Vehicle (with white book and Comprehensive insurance- One year)
- House/Land Title deed
Collateral must be legally owned and verifiable.
Requirements:
- National Registration Card (NRC)
- Passport-sized photos (2)
- Proof of Residence
- Bank statements for the past 3 months
Guarantor Requirements (if applicable):
Guarantor must provide:
- NRC copy
- 2 Latest payslips or bank statement for 3 months
- Letter of consent
- Guarantor must be employed or financially stable
Responsible Lending Approach
All loans offered by Dofin Access Limited are structured in accordance with regulatory guidelines and customer affordability assessments. We apply prudent lending practices that include client verification, credit assessment, clear loan agreements, structured repayment schedules, and continuous loan monitoring to protect both our clients and the business.