Finova Financial is transforming the FinTech industry as a socially responsible online lender, providing fast, affordable loans using your car as security. Finova’s CLOC costs up to 50% less than the current national average, provides quick access to capital, and a 12-month payback plan where available.
Finova clients benefit from the ability to complete the loan process online, quick approval decisions and same day cash funding. The Finova client portal provides personalized access to our financial dashboard allowing real time management of your loan. Payments can be made from the convenience of computers, mobile devices, and at 32,000 US retail locations.
Finova Financial offers emergency loans for borrowers who need a small amount of money and have a car they’re willing to pledge as collateral. It’s a type of auto equity loan for when you need fast cash.
What is required to be approved for a Finova CLOC?
You must own the vehicle in your name and have a lien-free car title;
You must be at least 18 years old with a driver`s license;
You must have proof of income (a recent pay stub);
You must have proof of residency (such as a utility bill);
You must have adequate equity in you car;
You must have comprehensive and collision insurance prepaid for the term of the loan with Finova Financial named as an additional payee or you may purchase the Debt Cancellation Addendum;
You must not currently be in bankruptcy.
Application Process consists of several steps:
1. Fill out the form
2. Provide details about your car
3. Get approved quickly
4. Log-in to fill out a short
5. Get approved and cashed out!
You can complete the loan application online, on your phone or by calling the company.
30% Maximum APR
Fees include: $75 DMV Lien Fee, Document Stamp Tax (Varies depending on loan amount). All fees are rolled into the life of the loan or are included in the Finance Charge.
Payback of loan is required in case of accident. You must have comprehensive and collision insurance prepaid for the term of the loan with Finova Financial named as an additional payee or you may purchase the Debt Cancellation Addendum. We are not affiliated with any insurance companies and receive no payments for referrals.
Maximum repayment length of 12 months
Minimum loan term 12 months
Pay off at any time with no prepayment penalty or fee
4521 PGA Boulevard #226
Palm Beach Gardens, Florida