Collateral Loan - Fast Action Finance
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Thank you for contacting Fast Action Finance.

We received your application for a Title Loan using your debt-free vehicle as collateral. We will be contacting you shortly using the contact information on your application.

You may also contact our office at 416-239-2906, 1-877-346-2274 or info@fastaction.ca to discuss.

In preparation to process the loan, we will need the items below.

1. The vehicle
2. Your driver’s license
3. The registration (ownership)
4. The insurance
5. Current pay stub (if working)
6. Utility bill or official mail from home, be sure that it is current dated and shows your address (in anyone’s name)
7. Void cheque, banking information or Pre-Authorized Payment form (PAP)

If the loan is done online we will require the following pictures of your vehicle.

1. Left Side
2. Right Side
3. Front
4. Back (ensure license plate can be read, no need for close up of plate)
5. Odometer showing KMs. (Ensure it is not the trip meter)
6. Front Interior
7. Back Interior
8. Door VIN

Thank you for applying.

Collateral Loan

Borrow Using Equity In Your Assets (we hold asset during term of loan)
Apply nowCal For Immediate Approval

No credit checks

On the phone approval

Get money in an hour

Safe and secure storage

Fast – Secure

No job requirement

What is a Collateral Loan?


A Collateral Loan is a fast and easy way for you to get the cash you need quickly using the equity in an asset that you own. These loans are sometimes also called Emergency Loans and Hard Money Loans. Our Collateral Loans typically run for a maximum of four months and are for no more than $25,000. (Some exceptions apply so ask for details).

A condition of the Collateral Loan is that the asset is owned by the customer with no money owed on it and is left with us to hold during the term of the loan. We provide a safe and secure storage location for the asset. This asset must be worth more than the loan being requested.

Examples of assets that can be used for a Collateral Loan are Classic Cars, Machinery, Cash Surrender Value of life insurance policies and other movable valuable assets. We also lend against the equity in your home if it has just been sold and there is a firm closing date. (call for details).

The holding of a classic car is not to be confused with Title Loans as described above or Motorcycle Storage Loans described below. For Collateral Loans no credit checks are done, and we lend under any employment or financial circumstance. A Collateral Loan can be completed and funded in the same day. Unlock the value of your asset to turn it into liquid cash.

Loans for all needs.

Car Title Loan

Collateral Loan

eLoan

Motorcycle Storage Loan

Repair Loan