Mercury Credit provides a full range of financing services for vehicles.
Loan Secured by a Vehicle
A loan secured by a vehicle is a type of credit in which the borrower’s vehicle serves as collateral.
Key Conditions:
- Only the vehicle owner (individual or legal entity) may apply for a vehicle-secured loan.
- A manual pledge agreement is signed with the vehicle owner, and the vehicle is kept in our secure parking area until the loan is fully repaid - interest rate of 2.0% per month, or 24% per year.
- If the vehicle remains in your possession, it is registered in our name with the ARK until the loan is fully repaid - interest rate of 3.0% per month, or 36% per year.
- Loan amount of up to 70% of the vehicle's market value.
- Loan term of up to 5 years.
Borrower Requirements:
- Age between 18 and 65 years.
- Estonian citizen or resident with a permanent residence permit.
Required Documents:
- Passport or driver’s license
- Vehicle registration certificate
- Insurance policy
Collateral Requirements:
- The vehicle must have been registered with ARK for at least 3 months.
Loan for Car Purchase
Mercury Credit acquires and transfers to the client the vehicle they have selected. Under this agreement, the client gains the right to long-term use of the vehicle for a specified fee, while ownership remains with our company for the duration of the agreement.
Key Conditions:
- Both individuals and legal entities may apply for a loan for car purchase.
- Interest rate of 2% per month.
- Initial down payment of at least 30% of the vehicle’s purchase price.
- Loan amount for vehicle purchases ranging from €1,000 to €20,000.
- Loan term of up to 5 years.
Borrower Requirements:
- Age between 18 and 65 years.
- Estonian citizen or resident with a permanent residence permit.
* Кредитный калькулятор и график являются примером, для получения точного индивидуального предложения подайте ходатайство