Logbook Loan
Turn Your Vehicle into Working Capital
Need funds for your business, an urgent expense or an investment opportunity? Our Logbook Loan allows you to access financing using your motor vehicle as security, while you continue using the vehicle throughout the loan period, subject to the terms of your loan agreement.
about Logbook Loan
Why Choose Our Logbook Loan?
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Flexible Financing up to 60% of FSV
Access financing based on the value of your vehicle, your repayment capacity and our credit assessment. -
Keep Using Your Vehicle
Your vehicle remains in your possession and available for your normal personal or business activities, subject to the agreed loan terms. -
Simple Application Process
We keep the application process straightforward, with clear requirements and transparent terms. -
Competitive Terms
Interest, fees and repayment periods are communicated clearly before you accept the facility.
why choose us?
Know more
how it works
A faster, easier approach to business lending
Apply
Submit your application together with the required identification, vehicle and financial information.
Assessment
We review your application, repayment capacity and motor vehicle details, including valuation where applicable.
Approval & Documentation
If approved, we agree the loan amount, repayment terms, applicable charges and security arrangements.
Get a loan
Once all required documentation and security formalities are completed, the approved funds are disbursed within a day.
other Loan Products
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Upesi Loan
Is a short-term financing solution designed for individuals and businesses that need access to funds.
Biashara Loan
Business Loan, is designed to provide practical financing to small and growing businesses.
Salary Advance
Instant access to a portion of the salary you've already earned, whenever you need it.
