About Log Book Loans

  • We offer clients affordable loans which are secured against a Log Book(s), in the client’s name
  • Very Competitive Interest Rates, on Reducing Balance
  • The Min. Amount loaned is 100,000/= with a Max. of 5M, subject to one’s ability to pay
  • We consider between 50% to 70% value of the car

Requirements on loan application

  • Fill Application Form
  •  Bank Statement (6Months)
  • Mpesa Statements (6Months)
  • Owners KRA PIN Copy
  • Owners ID Copy
  • Original logbook in Applicants Name
  • Current Valuation Report and Photo
  • 2 Passport Size Photos
  • 2 Signed Transfer Forms

Requirements after loan approval

  • Insurance Confirmation
  • Loan Processing Fees
  •  Tracking Vehicle
  • Joint Ownership (NTSA/TIMS)
  • Client Accepts Ownership (NTSA/TIMS)
  •  12 Post Dated Cheques
  • Sign Offer Letter