Pawn Your Boat
Unlock the value of your boat or yacht – without selling it.
TRUSTED LOANS AGAINST BOATS AND YACHTS
Your boat is an asset. If it’s fully paid up and registered in your name, you can unlock its value by securing a short-term loan – and get it back once you’ve repaid. No credit checks. No lengthy paperwork. Funds in your account the same day.
Why pawn your boat with us?
- Unlock value without selling
- Funds in as little as 24 hours
- Strictly confidential
- No excessive paperwork
- No invasive questioning
- No credit bureaus or banks
Quick & simple
Running a construction business creates cashflow challenges. PMC was quick and simple.
MarkGreat service
InkonZo eZothile enobuhlobo. Great service. Friendly staff. I will definitely use you guys again when I need to.
Amos KSUPPORT WHEN NEEDED
“It’s true that when days are dark, friends are few…Pawn My Car has stood by me tirelessly since 2020. In times of financial crisis I got help from them and my car being brought back in its good condition. Thanks, Jared and your team. Keep up the good work and friendly personality.”
TinaOUTSTANDING SERVICE
“Outstanding service. Thanks Robert and all the staff at PMC….Your assistance was very busy much appreciated….I’m so grateful.”
DerixALWAYS THERE
“As always thank you to all at Pawn My Car. You are always there when I need you.”
Vincent
How to pawn a boat or other watercraft
Simply contact us and tell us the make, model, and year of your boat or yacht. We’ll give you a loan estimate straight away.
To proceed, bring your registration documents, South African ID and proof of address to your appointment. We’ll inspect the vessel, finalise the agreement and transfer funds to your account the same day.
To qualify, your boat must be fully paid up. While with us, it is kept in a fully secure facility – and once the loan is repaid, it is returned to you in the same condition.
Why use a boat to secure funds
When it’s not in use, your boat or yacht can work for you. Use it to unlock liquidity when it’s needed, with no delay and no need to sell.
The loan amount is based on the value of your vessel (not your credit history or employment status).
The process is fully confidential, and all rates are fixed and compliant with the National Credit Act.
FAQ: BOAT AND WATERCRAFT LOANS
We lend against a wide range of watercraft, including ski boats, speedboats, bass boats, cabin cruisers, sailing yachts, and motor yachts. The key requirements are that the vessel is fully paid up and registered in your name. Not sure if your craft qualifies? Contact us for a quick, no-obligation assessment.
The loan amount is based on a professional assessment of your vessel’s market value. Factors like make, model, year, condition, and fitted equipment all influence the figure. Send us your boat’s details for a free preliminary estimate.
No. Our loans are entirely asset-based. Your credit score, credit history and employment status are irrelevant. The value of your vessel is the only collateral we consider. This makes us a practical option whether you’re self-employed, have an impaired credit record, or simply prefer to keep your finances private.
Your vessel is stored in a fully secured, access-controlled facility. It is comprehensively insured for the duration of your loan, so you can have complete peace of mind while you access the cash you need.
In most cases, the entire process is completed the same day. Once your vessel has been assessed and the paperwork is signed, funds are typically transferred to your bank account before you leave our premises.
You’ll need three documents: your original boat registration documents in your name; your valid South African ID; and proof of address not older than three months.
Our rates are fixed and fully compliant with the National Credit Act. Interest rates range from 36% to 60% APR, with loan terms of 3 to 24 months. You will receive a clear, itemised cost breakdown before signing anything – no hidden fees or other surprises.
Completely. Every transaction is handled with the utmost discretion and professionalism. We never share your personal or financial information with third parties, and our staff are trained to treat all client matters in strict confidence.