If you are looking for a loan over $3,000 up to a maximum of $6,000, all you need in addition to our regular process, is a vehicle registered in your name. Loan security is sought after by lenders because in the event that the borrower defaults on his or her loan, the lender is protected by the asset the borrower borrowed against.Since secured lending products require collateral, the approval process can be longer as the collateral must be processed and verified. This initial due diligence can be worth the extra effort since you'll benefit from lower interest rates. At CLN Finance Canada, all our loans offer the same advantages of flexible terms and are completely open, so clients can pay the loan off at any time with no penalties. Give us call and let one of our representatives assist you in achieving your financial goals.