NOTICE: Fast Cash Loans Against Car Collateral — Up to 70% Value in 30 Mins

Step-by-Step Guide to Securing a Fast Car Collateral Loan in Nigeria

Accessing short-term cash liquidity in Nigeria is streamlined and transparent. Through ALHERI LENDING COMPANY LTD, car owners across Abuja, Kano, and Lagos can convert their vehicles into 30% to 70% immediate cash within 30 minutes without third-party stress.

Follow this simple 4-step borrowing process:

Step 1: Document Preparation

Bring your original vehicle and personal credentials:

  • Valid National ID (NIN and BVN)
  • Proof of Ownership / Vehicle Registration (POC)
  • Customs Clearance Documents & Purchase Agreements
  • VIO Road Worthiness Certificate & Police CMR Report
  • Valid Motor Insurance & Utility Bill (past 3 months)

Step 2: On-Site Appraisal & Valuation

Drive your vehicle to our valuation office (e.g., Airport Road beside Danmarna filling station in Kano, or our Lagos and Abuja branches). Our professional inspectors evaluate engine condition, bodywork, and resale worth.

Step 3: Upfront Contract Disclosure

Review your transparent contract terms. Compliant with 2026 FCCPC rules, every fee, interest rate, and repayment schedule is outlined openly. No third-party guarantor is required.

Step 4: Instant Cash Transfer & Secure Storage

Once signed, funds transfer instantly into your bank account in 30 minutes. Your vehicle rests safely inside our 24/7 CCTV-monitored facility until full debt settlement.

Have Questions About Your Car Value?

Get a free instant vehicle appraisal on WhatsApp from our team.

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