Prenda Cash is a non-bank financial institution (SOFOM E.N.R.) based in Mexico that specializes in providing accessible credit through vehicle-backed loans, a service known as "empeño de autos". The company's core business model allows customers to use their car's invoice as collateral to obtain a loan quickly without having to surrender the vehicle. Founded to offer a flexible and fast financing alternative, Prenda Cash targets individuals who need immediate liquidity but cannot or prefer not to use traditional banking channels.

Founded in

Mexico