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Car Loan Vs Business Loan – 10 Major Reasons to Pawn Car in the Philippines to Get Your Business Going

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Car loan vs Business Loan Comparison

As a top loan consultant for different lenders in the Philippines for both collateral loan and non collateral unsecured loan, I have seen different problems of borrowers. While many if not most of them didn’t know which particular loan to avail or apply best, there are a few who just don’t realize the potential of saving money from interest and payment thru prioritizing a collateral loan to apply. This is the reason why I wrote this post to make it clear that there are so many options with securing a loan and getting fast approval and release of cash proceeds in the Philippines. But always only thru collateral loan can you get fast approval at a less or lower interest rate.

Why a car loan or real estate collateral loan is your best choice especially if you have a business is what I will explain in the coming paragraphs. In the meantime, take it to account that if you need extra quick cash funds for whatever right reasons, a secured or collateralized loan is your best bet. A business loan on the other hand is a good second choice if you don’t have anything to use as a collateral.

Car Impounding Loan

car impounding loan

Car Impounding Loan – Cash in 1-3 Hours

Car impounding loan is the only type of car collateral secured loan offer that can give you the fastest turnout of cash loan proceeds. Compared to car loan without taking your car or OR CR loan using car title, this offers fastest of 1 hour cash loan release by pawning your vehicle.

Comparing the two – impounding can come up with possible loan release in just 1-3 hours fastest during off peak client hours. OR CR loan without taking your car on the other hand can only give you as fast as 1 day release loan. So this is perfect for those of you who are in need and needs it fast! Add to convenience the very minimal requirements needed to submit to qualify. How and where do you apply? See our own simple 3-step process below.