Understanding Pre-Approved Finance for Auction Bidders

At MAS Auctions, we recognize that securing the right financing is a crucial step in the auction process. Therefore, we strongly encourage our buyers to ensure they have pre-approved finance before registering and bidding on any items. Whether you opt to partner with Auction Finance (www.auctionfinance.co.za) or choose to work with your own financial institution, obtaining pre-approval is essential. Remember, purchases made during the auction are not contingent upon obtaining financing after the sale. If financing is declined post-auction, it could lead to payment issues, ultimately leaving the under-bidder with an opportunity that you could have secured. Therefore, buyers who anticipate needing finance should take proactive steps to ensure their eligibility to bid confidently.

Why Choose Auction Finance?

For buyers seeking financing, we highly recommend Auction Finance, known for their tailored solutions specifically designed for auction participants. With their expertise, they make the financing process smooth and efficient, offering swift approvals and competitive rates. However, we also understand that some clients may prefer to work with their own chosen financiers. At MAS Auctions, we are fully equipped to accommodate buyers who wish to leverage their existing financial relationships. This flexibility ensures that you have the best options available to secure the items you desire. We encourage all buyers to explore both Auction Finance and their personal financing options to ensure a seamless and successful bidding experience!