Vehicle loan for a company
- Loan amount 5,000 – 50,000 €
- Up to 75% of the collateral value
- Interest from 2% per month
- Loan period 1 – 24 months
- Response within 1 business day
With a bullet schedule, only interest is paid monthly, and the principal is repaid at the end of the loan term.
With an annuity schedule, a monthly payment is made that includes both principal and interest.
The calculation is approximate and may differ from the terms offered to you.
To receive a personalized offer, please submit a loan application.The calculation is approximate and may differ from the terms offered to you.
To receive a personalized offer, please submit a loan application.Start here
Loan secured by a motor vehicle
Suitable collateral includes a passenger car, motorcycle, ATV, watercraft, snowmobile, and utility vehicle. For business clients, it is possible for the vehicle to remain in the owner’s possession.
The client submits a loan application and provides the collateral details. We review the application and contact the client. The client presents the collateral to our partner for a technical assessment. We then offer the loan terms. If the terms are suitable, we send the agreement to the client for signing, after which the collateral is established.
Flexible repayment with a bullet schedule opt.
For loans up to €10,000, the client may also repay the principal in a freely chosen amount on the interest payment date specified in the agreement.
Loan extension according to the client’s needs (free of charge)
We finance as large a portion of the collateral value as possible
Option to establish a credit line
The loan can be disbursed in multiple installments at different times.
Free vehicle valuation
For larger transaction volumes or special requests, please
contact us
.
Four simple steps
1
The client submits an application
2
We review the application, assess the collateral, and present the terms
3
The agreement is signed and the collateral is established
4
We transfer the loan amount to the client
Submit an application
FAQ
Frequently asked questions
Does the vehicle remain in the client’s possession?
Depending on the background assessment, it is possible for the vehicle to remain in the client’s possession. In such cases, the client is required to have comprehensive insurance, with Laenud.ee designated as the beneficiary.
What costs are associated with taking out a vehicle loan?
The one-time costs for the client include a vehicle condition assessment and processing fees. If the vehicle remains in the possession of Laenud.ee, a monthly storage fee applies. If the vehicle remains in the client’s possession, comprehensive insurance costs will apply.
What happens if the vehicle suffers damage?
If the vehicle remains in the client’s possession and it sustains damage, you must contact us as soon as possible. The case will then be handled by the insurance company.
Must the loan applicant be a member of the management board?
The person applying for the loan does not have to be a member of the management board; however, if a loan agreement is concluded, it must be signed by a member of the management board.
What should you do if you experience difficulties with loan repayments?
If you experience difficulties with repayments, you should inform us as soon as possible so that we can find a suitable solution together. If necessary, it is possible to switch from an annuity schedule to a bullet schedule or arrange a payment holiday.
Is it possible to obtain a loan if there are existing payment defaults?
Depending on the size of the payment defaults, they may not be an obstacle, as the loan is secured by collateral. In such cases, the vehicle remains in the lender’s possession. A more precise answer can be given after reviewing the application.
