MOTORCYCLE TITLE LOANS
Did you know that Capitol Title Loans can lend money against your motorcycle?
With summer nearing its end, many bike owners ‘mothball’ their vehicle for the cold weather months. Rather than let your bike sit idle for months, you can use it as collateral for a title loan.
The process works very much like an automobile title loan. The motorcycle must have a lien-free title in the borrowers name and be registered in your state of residence. You will also need a valid driver’s license. With just a little documentation we are able to lend you cash based primarily on the value of your motorcycle. There are some important differences however.
Unlike a car title loan, Capitol Title Loans does require possession of motorcycles used as collateral. Capitol Title Loans will securely store your bike while the loan is outstanding. There is no fee for storage.
In most cases this works well for borrowers. They do not need to store the bike, thus freeing up space in garages or basements. Or, in many cases, they need not spend to pay to store the bike off premise. Since the bike is generally not being used in cooler months any, this is a convenient alternative.
Just like with cars, when the loan is satisfied, Capitol Title Loans will release its lien on the title. You would then simply claim your bike from our secure storage facility.
You may be surprised how many bikers take advantage of this fast and easy way to free up cash. For more information contact Capitol Title Loans at (302) 221-0886.
With offices throughout the state of Delaware, Capitol Title Loans is proud to serve you.
Capitol Title Loans is open Monday thru Saturday at the following locations;
772 Pulaski Highway
Bear, DE 19701
241 South Dupont Hwy
New Castle, DE 19720
227 North Dupont Blvd
Smyrna, DE 19977