Drive your dream.
Finance smarter.
📍 Cayman Beacon Bank – Auto Lending 🇰🇾
Headquarters & Lending Center
Grand Cayman, BWI
77 West Bay Road, Seven Mile Beach, Grand Cayman KY1-1205
Mary Street, George Town
100% digital application
Apply in under 5 minutes. Upload docs, e-sign, get funded — all from your phone.
Refinance your current loan
Lower your rate or reduce monthly payments. No fees to refinance.
No prepayment penalties
Pay off early or make extra payments — save on interest with zero fees.
Pre-approval without impact
Check your rate with a soft credit pull. No effect on your credit score.
| Loan Type | APR Range | Term | Max LTV | Best For |
|---|---|---|---|---|
| New Vehicle (2023–2026) | 5.99% – 9.99% | 36–84 mo | 110%* | Latest models, lowest rates |
| Used Vehicle (2016–2022) | 6.99% – 12.99% | 36–72 mo | 100% | Reliable, value-driven |
| Refinance | 5.99% – 11.99% | 24–72 mo | 120%* | Lower existing rate or payment |
| Private Party | 7.49% – 13.99% | 36–60 mo | 100% | Buying from individual seller |
| Lease Buyout | 6.49% – 11.49% | 36–72 mo | 100% | Purchase your leased vehicle |
Free extended warranty quote
Discounted vehicle service contracts through our partners.
GAP insurance available
Protect yourself if your car is totaled — waived deductible offer.
7-day grace period
Late payment? No late fee if paid within 7 days of due date.
| Feature | Traditional Bank | Cayman Beacon Auto Loan |
|---|---|---|
| Pre-approval turnaround | 2–3 days | ✓ 1 hour – 1 day |
| Soft credit check for rate | Often hard pull | ✓ Yes — no impact |
| Used vehicle max age | 5–7 years | ✓ Up to 10 years |
| Prepayment penalty | Sometimes | ✓ None |
| Same-day funding | Rare | ✓ Available for qualified buyers |
📝 4 easy steps to your new car
Apply online
2 min soft pull
Get approved
real-time decision
Sign digitally
e-sign from anywhere
Drive away
funds sent to dealer or you
🏆 Why Beacon Auto?
- ✓ CIMA regulated — trusted lender
- ✓ Multi-currency options (USD/KYD)
- ✓ No hidden fees, transparent pricing
- ✓ Local & expat financing available
📄 Basic Requirements
- Minimum credit score: 620
- Debt-to-income: ≤ 50%
- Proof of income (2 recent pay stubs)
- Valid driver's license & insurance
Ready to hit the road?
Get pre-approved in minutes. No obligation, no hard credit pull for initial quote.
We also offer motorcycle, boat, and RV financing. Ask an advisor.