A secured loan offered to both customers and non-customers wanting to buy a vehicle. Available at a competitive interest rate and secured on the asset being purchased, the loan is repayable over 12 months to 5 years.

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Best rates

Our competitive rates allow you to budget without any worry.

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Anyone can borrow

You can apply for a secured loan even if you are not yet a Barclays customer.

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Flexibility

The loan is repayable over 12 months to 5 years.

How it works

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What you need to know
  • A minimum finance threshold applies
  • The loan amount you qualify for will vary according to your salary, other debt obligations as well as the market value of the asset provided as security
  • The loan amount is not permitted to exceed 80% of the assessed value of your collateral
  • Flexible repayment options from 12 months up to 5 years
  • Our Executive Loan is a secured loan
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What to bring when you apply

Applying for an Executive Loan with Barclays is straightforward. You simply need to visit your nearest branch and provide us with the following documents(1).

  • A valid identification document such as Passport or National Identity Card
  • Your latest salary slip
  • A letter from your employer stating your confirmation in role with your current employer if you have been employed for less than one year
  • A quotation for the asset along with an evaluation of its value performed by an evaluator acceptable to Barclays if the asset purchased will be used as collateral
  • In the case where the asset will not be used as collateral but instead another security provided, an evaluation of the market value of the collateral performed by an evaluator acceptable to Barclays
  1. Barclays reserves the right to accept or decline any application based on internal policy. Additional documentation may be requested by Barclays as deemed necessary
  2. If you do not receive any bills in your name, you may bring along the bill of the owner of your residence along with proof of relationship
  3. Other documentary proof may be acceptable. Please consult our Personal Bankers for more information

You may complete the application form beforehand and bring it along to the branch on your visit. This will greatly speed along the process.

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Need more help?

Call:

Tel: (+248) 438 3939

Email:

sez.customerservices@barclays.com

Talk to us