FAQ
Find answers to frequently asked questions regarding our short-term loans process below. If you still have any questions, let us know by filling out the contact form at the bottom of this page.
Is Flexwealth a licensed company?
Yes, we are a licensed asset-based lender, and our short-term loans funding is solely calculated on the value of your luxury assets. When banks reject, we accept!
I need cash immediately, how can Flexwealth help?
You can use your personal assets to get cash. Assets include: boats or yachts, luxury or classic cars, jewelry, busses, RVs, watches, planes, etc.
How does Flexwealth work?
We evaluate your assets to see how much equity value they have. We then place an amount to the asset that can be funded.
Who pays for the evaluation?
The customer interested in receiving the loan pays for any survey on a boat, or evaluation on his or her asset. This will give Flexwealth a safe certified funding amount by a professional appraiser, based solely on the asset.
Is a credit check required?
No, we do not require credit checks ever! The approval is based on the equity value of your asset property.
If I get approved, what happens to my asset?
Flexwealth takes possession of your asset until the loan is paid in full.
How long are the loan terms?
We provide short-term loans for four month. When the loan comes to maturity, a new loan can be written for an additional 4 months.
If I am selling my asset, can I still keep it and sell it?
Yes, you can still keep your asset and sell it. Once it is sold, you can pay off your loan.
Still have questions about Flexwealth’s short-term loans?
Complete the form below and we will contact you with a response.