Pawn Your Motorcycle

If you need cash to make the most of an opportunity or navigate a financial challenge, pawning your motorcycle could be the solution.

Fully paid-up motorcycle in your name?

Pawn your motorcycle with us to get an instant cash loan against your motorcycle. And once you’ve repaid the loan, your motorcycle will be returned to you.

  • Unlock value without selling
  • Quick approval process
  • Strictly confidential
  • No excessive paperwork
  • No invasive questioning
  • No credit bureaus or banks

Quick & simple

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Running a construction business creates cashflow challenges. PMC was quick and simple.
Mark Pawn My Car testimonial
Mark

Great service

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InkonZo eZothile enobuhlobo. Great service. Friendly staff. I will definitely use you guys again when I need to.
Amos K

How to pawn your motorcycle

To get a loan against your motorcycle, simply contact us with the make, model, year and mileage of the bike. The motorcycle’s value will determine the loan amount we can offer.

If you choose to proceed, we’ll arrange a meeting. We’ll need to see the original motorcycle registration documents (which must be in your name), your ID book and proof of address. We’ll inspect the motorcycle and, if everything is in order, finalise an agreement. If you’re happy with the terms, you sign the final loan agreement.

We then transfer the funds to your account immediately, and your motorcycle is kept in secure, temporary storage until the loan and agreed interest is repaid.

Note that the motorcycle must be fully paid off with no outstanding debt to qualify as collateral for a loan. It must also be registered in your name.

Advantages of pawning your motorcycle

Fast access to cash
Traditional types of loans can take weeks to secure. If you pawn your motorcycle to get a loan from us, you could have the funds in your account on the same day you apply.

No credit checks or invasive questioning
Pawning your motorcycle is an asset-based loan. The motorcycle serves as collateral, so we have no interest in your credit record, financial history or employment status.

Confidentiality
The process of getting a loan with us is completely confidential. We don’t supply credit bureaus, financial institutions or anyone else with the information you provide.

You don’t have to sell
Selling a motorcycle in a hurry could mean losing out financially. With our loans, your motorcycle will be returned to you once you’ve repaid the loan amount and agreed interest.

Illustrative loan examples

HARLEY-DAVIDSON Breakout
HARLEY-DAVIDSON
BREAKOUT
R200,000
YAMAHA Ténéré 700
YAMAHA
Tenere 700
R120,000
BMW R1300
BMW
R1300
R175,000
KAWASAKI Ninja 500
KAWASAKI
Ninja 500
R70,000
HONDA Gold Wing
HONDA
Gold Wing
R250,000
KTM 1390 Super Duke
KTM
1390 Super Duke
R200,000
DUCATI Panigale
DUCATI
Panigale
R300,000
TRIUMPH Rocket 3
TRIUMPH
Rocket 3
R180,000

Pawn Your Motorcycle FAQ

Any make and model of motorcycle that’s in good condition and has a strong market resale value can be used to secure a loan.

No. The motorbike must be fully paid off and registered in your name.

Usually less than 24 hours. We normally finalise our loans and transfer money into your account on the same day you apply.

You can borrow up to a percentage of the market resale value of the motorcycle, so the amount depends on the value of the motorcycle you want to pawn.

Yes, absolutely. We are a division of Lamna Financial Services, registered with the NCR and FSB. The loans we offer adhere to NCR regulations, and we offer competitive interest rates.

No. The motorbike secures the loan, so it must be safely stored until the loan is repaid. Those “too-good-to-be-true” deals that allow you to keep riding often come with unfair terms.

Your motorcycle will be safely stored in a secure facility until it’s time to return it to you. No one will ride your motorcycle during this time.

Yes. All assets used as collateral for a loan and stored by us are covered by our insurance. However, we don’t cover the journey to and from our offices before and after the loan period.

Yes, but far fewer than for a traditional loan. We only need to see your ID, proof of address and the motorcycle’s original registration document.

In the rare event that a borrower can’t repay their loan, the motorcycle is sold to recoup the loan amount, and the borrower forfeits ownership.