Turn Your Keys
Into Capital
Car4Loan gives you fast, reliable loans secured by your car or bus — held safely in our facility while you access the funds you need to move your life forward.
Car4Loan is Powered by Cyrank Global Services — a fully Licensed Money Lender operating under Nigerian financial regulations.
✔ Licensed & RegulatedOur Story
About Car4Loan
Car4Loan was founded with a simple but powerful idea: Nigerians who own vehicles should be able to access real liquidity quickly — without selling their asset permanently and without the bureaucratic delays of traditional banking.
We are powered by Cyrank Global Services, a licensed money lender operating under Nigerian financial law. Our model is straightforward: you surrender your vehicle as physical collateral, we disburse your loan within 24 hours, and you redeem your vehicle the moment you repay in full.
We currently operate from six offices across Nigeria — Abuja (FCT), Lagos, Anambra, Enugu, Asaba, and Port Harcourt.
🔒 Security
Your vehicle is professionally secured in our own garage — not a third party.
⚡ Speed
Approval and disbursement within 24 hours of vehicle assessment.
📋 Transparency
All rates, fees, and terms are disclosed before you sign anything.
⚖️ Accountability
Licensed, regulated, and fully compliant with Nigerian financial law.
Our Mission
To democratise access to quick, asset-backed liquidity for everyday Nigerians — enabling them to solve urgent financial needs without the permanent loss of their most valuable asset.
Our Vision
To become Nigeria's most trusted vehicle-backed lending institution — expanding to every state and empowering millions of Nigerians to turn idle assets into working capital.
Legal & Licensing
Car4loan is operated and promoted by Cyrank Global Services, a duly licenced Money Lender under applicable Nigerian Statues.
The Process
4 Simple Steps to Get Your Loan
From application to cash in hand — our straightforward process gets you funded fast with no unnecessary delays.
Apply Online
Fill our simple application form with your personal details, vehicle information, and the loan amount you need — takes less than 10 minutes.
Vehicle Assessment
Our team evaluates your vehicle's condition, value, and documentation to determine your eligible loan limit and applicable interest rate.
Vehicle Secured & Held
Your vehicle is physically collected and professionally secured in Car4Loan's own garage facility for the full duration of the loan agreement.
Funds Disbursed
Your money is transferred to your account. Repay as agreed and your vehicle is returned to you promptly upon full and complete settlement.
Why Car4Loan
Built for People Who
Need Real Solutions
We combine speed, security, and full transparency — backed by a licensed institution you can trust.
Fast Approval Process
No endless paperwork or weeks of waiting. Our review process gets you an offer quickly after submitting your application and vehicle assessment.
Secure Vehicle Storage
Your car or bus is professionally stored in Car4Loan's secured, insured garage facility for the entire loan duration — safe, monitored, and well-maintained.
Transparent Rates: 10–15%
Our monthly interest rates range from 10% to 15% — determined by your profile and clearly stated upfront before you sign any agreement.
Flexible Repayment Plans
Choose monthly interest + capital repayments, or interest-only monthly with capital at the end of term — whichever works best for both parties.
Up to 6 Months Total
Loans run for a maximum of 3 months, with a possible further 3-month extension granted at the sole discretion of Car4Loan management.
Licensed & Accountable
Car4Loan is powered by Cyrank Global Services — a fully licensed and regulated Nigerian money lender. Your assets are handled with complete legal accountability.
Terms & Conditions
Our Loan Terms, Plain and Simple
We believe in complete transparency. Below are the key terms governing all Car4Loan transactions.
💰 Loan Parameters
- ◆ Minimum loan amount: ₦100,000
- ◆ Maximum loan amount: up to 30% of vehicle's assessed market value
- ◆ Maximum loan duration: 3 months
- ◆ Extension: additional 3 months at the sole discretion of Car4Loan management
- ◆ Interest rate: 10% – 15% per month based on borrower's profile
💳 Repayment Structure
- ◆ All repayments are made on a monthly basis
- ◆ Option A: Monthly repayment of both interest AND capital as agreed
- ◆ Option B: Monthly interest-only payments, with full capital repaid at maturity
- ◆ Repayment structure is mutually agreed and documented at point of signing
- ◆ Early full settlement is permitted with no penalty charges
🏢 Collateral & Storage
- ◆ Vehicle is physically surrendered to Car4Loan at the point of loan disbursement
- ◆ Car4Loan retains the collateral in its secured garage for the full loan duration
- ◆ Vehicle must have a clear, unencumbered ownership title
- ◆ Cars must be no older than 15 years; buses no older than 20 years
- ◆ Vehicle is returned only upon full repayment of all amounts owed
📑 Required Documents
- ◆ Valid government-issued ID (National ID, Passport, Voter's Card, or Driver's License)
- ◆ Original vehicle documents (registration certificate and proof of ownership)
- ◆ Recent utility bill (within 3 months) for address verification
- ◆ Passport photographs — 2 copies
- ◆ Completed and signed Car4Loan application form
- ◆ 2% processing & management fee (of principal) paid upfront
⚠️ Late Payment & Default Policy
- ◆ A 2% daily delay charge applies on any interest payment made after its due date
- ◆ Failure to pay any monthly interest — regardless of chosen loan duration — constitutes a breach. A 7-day grace period is granted to remit the overdue interest plus the 2% penalty charge
- ◆ If the overdue interest and 2% penalty are not remitted within the 7-day grace period, the borrower is deemed to have automatically defaulted on the ENTIRE loan — irrespective of whether it is the 1st or 2nd month's interest that was missed
- ◆ Upon automatic default, the Bill of Sale Agreement is activated immediately and Car4Loan takes full legal ownership of the collateral vehicle with no further notice required
- ◆ Upon loan expiry, a 7-day grace period may be granted — solely at Car4Loan management's discretion
- ◆ If unpaid after the 7-day grace period, immediate forfeiture of the collateral vehicle applies
- ◆ Car4Loan reserves the right to sell the forfeited vehicle to recover all outstanding amounts
- ◆ Borrower remains liable for any shortfall if auction proceeds do not cover the debt
🔏 General & Privacy Terms
- ◆ All information provided must be truthful, complete, and verifiable
- ◆ Loan approval is entirely at the discretion of Car4Loan / Cyrank Global Services
- ◆ Car4Loan is powered by Cyrank Global Services — a Licensed Money Lender in Nigeria
- ◆ Borrower data is used solely for loan processing and never sold to third parties
- ◆ All disputes are governed by Nigerian law and subject to Nigerian jurisdiction
Who Can Apply
Check Your Eligibility
Car4Loan is open to Nigerian residents who meet the following requirements. All applicants must be willing to surrender their vehicle for the full loan duration.
- ✓Must be 21 years or older
- ✓Nigerian citizen or legal resident
- ✓Own a car or bus with clear, unencumbered title
- ✓Valid government-issued ID
- ✓Verifiable address (utility bill within 3 months)
- ✓Vehicle must be insured
- ✓Prepared to surrender vehicle to Car4Loan's garage
Vehicles We Accept
We accept private cars, commercial vehicles, buses, and minivans as collateral — as long as the vehicle title is clear and the condition meets our assessment criteria.
Our Locations
Find Us Across Nigeria
Walk into any of our offices nationwide for in-person consultations, vehicle assessments, and loan processing.
Abuja (FCT)
Head OfficeLagos State
South-West HubAnambra State
South-East HubEnugu State
Coal City BranchAsaba, Delta State
Niger Delta BranchPort Harcourt, Rivers State
South-South HubLoan Estimator
Calculate Your Loan
Adjust the options to see a real-time estimate of your repayments before you apply. No obligation.
Actual rate determined after vehicle assessment.
Loan Principal
Amount you receive
Processing Fee (2%)
Paid upfront — non-refundable
Monthly Interest Payment
12% of principal — paid every month
Final Month Payment
Capital + last month's interest
Total Interest Cost
Over 3 months
Total Repayment
Principal + all interest combined
This is an estimate only. Actual terms depend on vehicle assessment and your profile.
Vehicle is returned in full upon complete repayment.
Investor Returns Estimator
Calculate Your Investment Returns
Adjust the amount and tenure to see exactly how much you can earn. Minimum investment: ₦500,000.
Investment Highlights
Principal Invested
Your capital — returned in full at tenure end
Monthly Return (4%)
Paid to your bank account every month
Total Returns (6 months)
Cumulative interest earned over the tenure
Total Payout at Maturity
Principal + all interest combined
Effective Annual Return
Annualised yield on your investment
This is an estimate only. Returns are subject to approval and investment agreement terms.
Past performance does not guarantee future results.
Ready to Unlock the Value in Your Vehicle?
Complete your application in under 10 minutes. No obligation until you accept the offer.
Start My Application →