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Collateral loans · Accra

Cash today, on your device or vehicle.

Bring a valid ID and an item of value — a phone, an accessory, or a vehicle — and walk away with a fair loan. Chat with our valuation assistant first, so you know roughly what to expect before you visit.

24hrTypical turnaround
3Item categories
ID + ItemAll you need
The process

Three steps, verified.

01Get an estimate
02Verify in person
03Get paid

See the full process, including where your collateral is stored →

What we accept

Three categories, to start.

Phones

Smartphones in working condition — iPhone, Samsung, Tecno, Infinix and more.

Indicative: ~35–50% of collateral value

Electronics & Valuables

Laptops, tablets, watches, headphones, gaming consoles and similar valuables.

Indicative: ~20–35% of collateral value

Vehicles

Cars and motorbikes with valid registration — logbook required at appraisal.

Indicative: ~40–60% of collateral value

These ranges are indicative only. Your final loan amount is confirmed after physical inspection and ID verification.

Where's my collateral?

Secure storage, tagged and photographed at intake, released the moment your loan is repaid — and any surplus from a sale is always returned to you.

See the full custody process →
What do you want to do?

Sell, trade in, or borrow — your choice.

The calculator gives an estimate only. It does not submit an application. To apply, choose Start loan application below the result or at the top of this page.

Example: borrowing GHS 1,000 for 14 days

Finance charge (7%): GHS 70. Valuation fee (2%): GHS 20. Redemption fee (1.5%): GHS 15.

The total to repay and redeem by the due date is GHS 1,105 (GHS 1,000 principal + GHS 70 finance charge + GHS 35 fees). Your written agreement states the exact due date and fee amounts.

If payment remains unpaid after the due date, a one-time GHS 22 late fee applies, plus 0.533% per day on the unpaid repayment amount. On GHS 1,105, the daily portion is about GHS 5.89 per day. If you do not repay or respond to notices, Colatr may sell the pledged item to recover the debt and costs; any surplus is returned to you.

Illustration only. Your signed agreement and disclosure statement give the exact figures for your loan.

Colatr valuation tool
INDICATIVE ONLY
High demand

What we're buying right now.

🔥

iPhone 13 / 14 Pro Max

Any storage, working condition — we're actively looking for more of these.

🔥

Samsung S23 / S24 series

Ultra and standard models both wanted, especially in Excellent/Good condition.

🔥

MacBooks & gaming consoles

MacBook Air/Pro (M1 or newer), PS5, and Xbox Series X/S — sell or trade in for top value.

Have one of these? Use the tool above to see what we'd offer for it — or bring it in for a same-day quote.

Questions

Frequently asked.

What can I use as collateral?

Phones, electronics & valuables (laptops, tablets, watches, consoles), and vehicles — see "What we accept" above for indicative ranges by category.

How much can I borrow?

A percentage of your item's collateral value, which factors in its market value, condition, and how easily it could be resold. Use the calculator above for an indicative figure.

How is my asset valued?

We start from an estimated market value, then apply a loan-to-value percentage based on category and condition. Final valuation happens in person after physical inspection.

Do I need to own the asset?

Yes. You must be the legal owner, free of any other claim on it. We may decline items where ownership can't be reasonably confirmed.

How long is the loan?

You choose: 14, 30, or 90 days at intake.

What will my loan cost?

The flat finance charge is 7% for 14 days, 15% for 30 days, or 45% for 90 days, plus a 2% valuation fee and 1.5% redemption fee. Use the example near the calculator; your signed disclosure gives the cedi total and fee timing.

Where is my asset stored?

Phones and accessories in locked, access-limited storage on our premises; vehicles in secure parking with the logbook held for the loan's duration. See the full custody process.

What happens if I can't repay?

If payment remains unpaid after the due date, a one-time GHS 22 late fee applies, plus a daily penalty of 0.533% on the amount overdue for each day it remains unpaid. If you do not repay or respond to notices, we may sell the collateral to recover the debt and costs; any surplus is returned to you.

Can I repay early?

Yes, any time — request early settlement from your account or by contacting us directly.

How do I get my asset back?

Once your loan is fully repaid and payment is confirmed, your collateral is released according to your agreement.

What happens to my information?

See our Privacy Policy for full detail on what we collect and how it's used.

Talk to us

Get a rough estimate now.

Colatr Valuation Assistant
ESTIMATE ONLY
Ready to visit? Leave your details.
Staff will see this and can reach out before you arrive — optional.

This chat gives a rough estimate only. It does not start an application. Start loan application when you are ready.

Stuck? Tell us your device model, the page you were on, what you tapped and the last thing you saw. Send a troubleshooting message on WhatsApp. Please do not send passwords or ID photos.

Existing customers

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Payments are processed securely by Paystack. The amount shown is the loan plus finance charge; any separate fees and their due dates are in your signed agreement. Payment confirmation may take a minute.