Yango Cab Vehicle Collateral-Based Loans

Chimera Capital Finance is excited to offer a tailored Vehicle Collateral-Based Loan package specifically for Yango Cab owners. This solution provides fast access to funds by using your cab as collateral. With loan amounts ranging from 10,000 to 20,000 ZMW, we aim to empower Yango drivers with the financial flexibility needed to manage unexpected expenses or improve their operations, all while continuing to drive their vehicles.

Loan Features

Flexible amounts from 10,000 to 20,000 ZMW to cover a wide range of financial
needs

Yango Cabs (cars used for ride-hailing) serve as the collateral for the loan.

Collateral Requirements

To qualify for the Yango Cab Vehicle Collateral-Based Loan, applicants need to provide:

  • White Book: Clear ownership documentation for the cab.
  • Letter of Sale: A letter of sale signed by the cab owner, dated to the loan maturity date.
  • Valid Vehicle Insurance: Insurance coverage for the cab with at least one month of validity remaining.
  • Proof of Yango Affiliation: Documentation confirming the cab’s active use in Yango’s ride-hailing service. (Screenshot of Yango contact page and Carier & Partners app page)
  • Passport or NRC: A valid passport or National Registration Card (NRC) to verify the borrower’s identity

Processing and Payment

We understand the urgency of financial needs. Our streamlined process ensures prompt loan processing.

Once approved, clients can expect to receive their funds within 48 hours.

Valuation Process

Chimera Capital Finance ensures a fair valuation of the vehicle collateral through a thorough assessment process. Additionally, for added security, we offer GPS tracker installation at a fee of 2000 ZMW. This facilitates efficient monitoring and risk management, allowing clients to drive their vehicles without the need for parking.

Competitive Interest Rates

Our interest rate is set at 30% per month (28 days), ensuring a competitive and transparent pricing structure.

Benefits

Swift and efficient access to funds to address immediate financial
concerns.

A wide range of vehicles accepted as collateral, providing flexibility to clients.

Clear and straightforward documentation requirements for eligibility.

Clients can drive their vehicles without interruption after Chimera experts install a GPS tracker, ensuring added convenience and flexibility.

Why Choose Chimera Capital Finance

Chimera Capital Finance stands out in the financial landscape by offering Vehicle Collateral-Based Loans that combine substantial loan amounts
with efficient processing and transparent requirements. Our commitment is to provide a hassle-free and accessible financial solution for individuals looking to leverage the value of their vehicles.

Unlock the financial potential of your vehicle with Chimera Capital Finance. Contact us today to explore our Vehicle Collateral-Based Loans and experience a tailored financial solution designed to meet your immediate needs.