The present invention provides a liquid protectant composition composed of a cationic microemulsion of a natural wax (carnauba wax) nanometer sized particles and zinc oxide nanometer sized particles in combination with a quaternary siloxane compound. The protectant composition of the present invention cleans, protects preserves and enhances the appearances of leather or vinyl surfaces used for covering items in the home or in vehicles. The product is easy to apply to both smooth and textured surfaces and has a transparent appearance. The product dries quickly and does not leave an oily residue. Utilization of nano technology to select components having nano sized particles provides a uniform deposition of the product leaving a thin film having exceptional protection properties. Unlike conventional protectants, the invention of the instant composition dries quickly and leaves no oily residue behind.