Kredio
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Highest Payout · 2-Hour Cash

Car for Cash (Car Collateral Loan)

Unlock instant maximum liquidity by leaving your car as tangible collateral in our secure, 24/7 guarded and CCTV-monitored facility at 17A Dele Adedeji Street, Lekki Phase 1, Lagos. Enjoy our lowest monthly interest rate and 2-hour cash disbursement directly to your account.

Loan LimitUp to ₦25,000,000
Interest RateFrom 3% / Month
Payout Speed2 Hours
Tenure Spread1 - 18 Months
Apply for Car for Cash (Car Collateral Loan)
Zero Upfront FeesRapid Bank Account Payout17A Dele Adedeji St, Lekki Phase 1, Lagos
Repayment Calculator

Calculate Your Monthly Installments

Adjust the sliders below to see your exact monthly repayment, total interest, and net disbursement for Car for Cash (Car Collateral Loan).

₦8,500,000
Min: ₦500,000Max: ₦25,000,000
6 Months
1 Month18 Months
Early repayment discount: Clear your loan anytime before the final month with zero early liquidation penalties.
Estimated Monthly Payment
₦1,671,667 /month
Principal Amount:₦8,500,000
Interest Rate:3% / Month
Total Interest:₦1,530,000
Processing Fee (1%):₦85,000
Net Disbursed Cash:₦8,415,000
Apply for ₦8,500,000
Product Features

Why Borrow via Car for Cash (Car Collateral Loan)

Designed specifically to address the cashflow and liquidity challenges Nigerian borrowers face with traditional commercial lenders.

Borrow up to 80% to 85% of your car’s verified market valuation
Leave your car safely with us as collateral in our 24/7 guarded Lekki facility
Maximum protection: Written mileage logged, weekly battery maintenance & insurance
Instant payout: Cash wired to your Nigerian bank account in under 2 hours
Immediate release: Collect your keys and vehicle the minute your loan is cleared
Ideal For:

Car owners needing urgent high-volume cash within 2 hours for business opportunities, clearing goods, medical bills, or bridging finance while their car rests safely under 24/7 armed protection.

Fast, Dignified Credit with Zero Hidden Charges

At Kredio, every loan file is personally reviewed by an accredited underwriter at our Lekki Phase 1 hub. We do not use arbitrary automated algorithms that reject applicants without reviewing actual turnover or asset worth.

95%+Approval Success Rate
2 HoursTypical Payout Time
Simple 4-Step Process

How to Get Your Car for Cash (Car Collateral Loan)

From initial request to cash disbursement directly into your bank account.

01

Apply Online in 2 Mins

Pick your desired amount and tenure. Fill our simple form on this page or message our Lekki desk.

02

Drop Off at Lekki Hub

Bring your car to our guarded 17A Dele Adedeji St Lekki hub. Written mileage is logged and your car safely stored.

03

Direct Payout in 2 Hours

Review your sanction offer and accept. Approved cash is wired directly into your bank account.

04

Flexible Repayment

Pay back comfortably in monthly installments with zero hidden fees and instant asset release upon completion.

Documentation

Requirements Checklist

Keep these documents ready to ensure fastest sanction and same-day payout.

Original Proof of Car Ownership (Customs Papers, Allocation of Plate & Purchase Invoice)
Valid Government ID (Driver’s License, International Passport, or NIN)
Vehicle Physical Drop-off at our 17A Dele Adedeji Street, Lekki Phase 1 Hub
Signed Collateral Deposit & Vehicle Inspection Form with exact mileage logged
Bank details for instant cash disbursement
Common Questions

Car for Cash (Car Collateral Loan) FAQs

Funds for Car for Cash (Car Collateral Loan) are disbursed directly to your verified commercial or digital bank account within 2 Hours of final review.
Ready to Get Started?

Apply for Car for Cash (Car Collateral Loan) Today

Disbursed in 2 Hours directly to your Nigerian commercial bank account with transparent rates starting at 3% / month.

Proceed to Online ApplicationChat with Lekki Desk on WhatsApp
Office: 17A Dele Adedeji Street, Lekki Phase 1, Lagos | Phone: +234 810 366 9924