National Auto Capital
FAQs

Do you think your credit history will stop you from getting the Title Loan,  Emergency Loan or Storage Loan you deserve?
Think again


"We Focus On Your Future, Not Your Past!"


National Auto Capital is one of the longest established Title Loan companies serving the GTA and Ontario. We have helped many people get money when they truly needed it.

We have been in business for over 19 years and have helped many consumers get loans that they could not get from other lending source.

We specialize in lending using paid off vehicles as collateral (Title Loans). We also lend against Hard Collateral (Emergency Loans) and Storage Loans where we hold the collateral during the term of the loan. In addition, we lend when we can put a lien on real estate with equity. We are an entrepreneurial company and will work with you to get you the money that you need.

If you live too far from Toronto to drive here, we can process your loan electronically online. Call for details.

We pay referral fees to brokers and customers who refer business to us.

Contact us today and allow us to help you with your financial needs.


Below are answers to the most frequently asked questions.  If you do not find an answer to your question please email us at info@fastaction.ca, or call 416-239-2906 to speak with one of our loan professionals.

How do I apply for a loan?

You can click here to apply online, email us at beard@nationalautocapital.com or call one of our loan professionals at 416-520-0570 who will help you with the application process.
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How quickly will I get the loan?

If we have received all the required information and you meet our criteria you can receive the loan on the same day that we receive your application. Typically it takes less than one hour for you to have the cash in hand.
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Once I have been approved how long does it take me to get the money?

When you have been approved, an appointment will be set up for you to come in at a time convenient for you. Once you are at our office it can take as little as ½ an hour for you to get the money. If you are doing the loan electonically online we can process the whole thing in less than one hour once we have recieved the required documents from you. In tbis case the money would be emailed to you.
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How long can I expect to wait for a reply to my online application?

We will contact you on the same day you send in your application provided we receive it during normal business hours. After hours and weekend applications will be responded to on the first business day following the application. We will contact you on the phone numbers that you have provided in your application.
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Tell me about National Auto Capital, who are you?

National Auto Capital is one of the longest established Title Loan companies serving the GTA and Ontario. We have helped many people get money when they truly needed it, and have been refused by all others.

 

We have been in business for over 19 years and have helped many consumers get loans that they could not get from other lending sources.

 

We specialize in lending using your paid off vehicle as collateral (Title Loan). We also lend when we store your paid off Motorcycle, Snowmobile, Watercraft, Classic Car or Equipment (Storage Loan). In addition we lend against hard collateral (Emergency Loans) where we can place a lien against your paid off asset. We are an entrepreneurial company and will work with you to get you the money that you need.

 

We pay referral fees to brokers and customers who refer business to us.
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My credit is very bad, if I apply can I get a loan?

National Auto Capital believes that everybody deserves a second chance. We recognize that bankruptcies are in the past and we focus on your current and future abilities to repay. We focus on the equity in your paid off 2008 or newer vehicle or the collateral that you pledge, so past credit is not an issue with us. WE DO NOT DO CREDIT CHECKS.

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Do I qualify if I am undischarged from bankruptcy?

Yes, we lend to those undischarged from bankruptcy. If you went bankrupt yesterday we can even lend to you today.


Do I qualify if I am currently in a Consumers Proposal?

Yes, we lend to those currently in a Consumers Proposal provided their 2007 or newer vehicle meets our requirements or there is other collateral we can use to secure the loan.


What is a Car Title Loan?

A Title Loan is the lending of money to a consumer who pledges their debt free 2008 or newer vehicle as security for the loan. We do not hold the vehicle registration, ask you to sign it over to us, put the vehicle in our name or put a GPS in it. We simply register a lien against it. You keep driving the vehicle during the loan.

The Vehicle must be paid in full (no money owed on it) and cannot be leased.Return to Top


What type of car qualifies to be used for a Title Loan?

You can get a Title Loan with any vehicle that belongs to you (or to your company) that  is a 2008 or newer model year (some exceptions apply), has no more than 200,000 KMs, is not seriously damaged, is currently plated, is registered in Ontario and is fully insured.
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How much can I borrow with a Title Loan?

Using your vehicle as collateral you can borrow up to 50% of the rough Black Book value with a maximum of $5,000. If the vehicle has excess KMs for its year, a lesser amount will be lent.

In some cases we lend more than $5000 if the vehicle is left with us during the term of the loan. This is done for shorter periods of time. See Storage Loans for information on us holding vehicle. Call for details.

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Can I use my car as collateral in a Title Loan if it has a lien against it?

The quick answer is no, however, there are limited cases where we will take a subordinate position to the current lender and still lend against the vehicle or we can pay off the existing loan. Return to Top


What if the vehicle is not in is not in my name?

If the vehicle is not in your name we can still lend if the person who the vehicle is registered to co-signs the loan with you. The vehicle portion of the registration determines whose name the vehicle is registered to. If the vehile is registered in a company's name we can lend if you are a director or owner of the company. You would have to bring documents proving that your are a director or owner of the company.
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What if the vehicle is in my company’s name?

We can still give a Title Loan using a vehicle registered in your company’s name if you bring the Articles of Incorporation or sole proprietor registration documents that show you as a director or sole proprietor of the corporation of enterprise.Return to Top


What is a Storage Loan?

Storage Loans are loans where the borrower stores their paid in full Motorcycle, Snowmobile, Watercraft, Classic Car or Equipment with us for the term of the loan. The motorcycle, etc. must be valued at an amount higher than the amount being borrowed. The asset will be stored at our secure location. We invite any potential customer to come and inspect our storage facility beforehand. We do not do credit checks and lend no matter what your current financial or employment status is. The whole process takes less than 1/2 hour and you leave with the cash in your hand.


What is a Collateral Loan?

A Collateral Loan is when an asset is pledged to secure money lent to you. Any asset of easy determinable value will be considered as collateral for a loan. For these loans, National Auto Capital must be able to physically hold the asset for the term of the loan. The maximum amount we lend is $25,000 for a maximum of 4 months. Also, please see Storage Loans.
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What is a Repair Loan?

A Repair Loan is where we lend money for the repair of your vehicle. These loans are different to Title Loans in that the vehicle can be financed or leased, they do not have to be paid off.


What is a Motorcycle Storage Loan?

See Storage Loans Q & A.


What is a Vehicle Purchase Loan?

A Vehicle Purchase Loan is where we finance your purchase of a vehicle. The purchase can be from a private seller, a dealer or from us. We look at the Canadian Black Book rough evaluation and lend 50% of this amount. This usually means that a down payment will be required.
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What are Referral Fees?

Referral Fees are what we pay to customers, brokers or anyone who sends us a referral that results in a loan. We protect broker’s commissions and pay quickly for all successful leads.
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Do I have to come in to get the loan, can I do it by fax or email?

If you live within reasonale driving distance from our office we will want you to come to us, however, if you live too far from Toronto to drive here, we can process your loan electronically online. Call for details.
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If I apply online will my personal information be kept private and secure?

We have a secure system that offers the highest level of encryption and safety. In addtion we do not sell or give any information to outside sources. Any dealings you have with us are kept in the highest of confidence.
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Will a co-signer help me get a loan?

Yes, a co-signer will help you get a loan, provided that the co-signor meets our requirements, which is a  paid off 2008 or newer vehicle or an asset we can hold or place a lien against.
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Apply Today!