Logbook loans in kenya

You have to ensure that you get the best deal possible in the market. We managed to make sure that you are sorted within the lowest time possible. Log book loan in kenya up to 20 million from mwananchi credit. Nov 12, 2019 logbook loans in kenya have increasingly become popular. Aug 28, 2019 logbook loans in kenya have become popular as the need for credit continues to grow. Read on to find out more about our shortterm loans and how one could help you should a financial emergency arise. If you do take one out, check that the lender is a member of a trade body and it complies with a code of practice, specifically on logbook loans. Due to the ongoing coronavirus pandemic and the governments social distancing instructions to help reduce the spread of the virus, we have decided to temporarily halt the provision of logbook loans. In kenya we have several companies which offers these kind of logbook loans. Job field sales marketing retail business development. First name last name telephone number email address type of loan. Logbook loans get logbook loans in kenya nairobi, mombasa. About logbook loans in nairobi instant cash on logbooks. You will still keep use of your vehicle even as you enjoy the loan facility.

Individuals, small and medium businesses have the potential to thrive, but lack access to capital required to do so. Momentum credit is one of the most popular credit companies in kenya. Car logbook loans are great solutions for quick cash, and they are fairly easy to obtain since your logbook acts as collateral for the loan. Personal loans in kenya, quick secured personal loans kcb. We can lend up to kes 5,000,000 to help you unlock trapped cash in your car within 24 hours to help meet your personal and business financial needs without selling your car. By making timely payments you demonstrate that you can manage your debt. In comparison to small bank loans, there are less formalities and paperwork with instant payday loans even with bad credit. The event, which was held last evening at movenpick hotel in westlands, nairobi, was attended by automotive industry players including insurance, transport sector players and manufacturers. Documents required for loan processing are scanned or sent via email.

We specialise in providing cash to you, our clients, fast whenever you need it so that you can achieve your goals. With institutions adapting to new technologies, jijenge credit has a mobile lending services for its customers. Logbook loans can seem tempting if you need cash fast and have a poor credit rating, but there are always alternatives. Business loans in kenya, asset finance in kenya, car loans. By filling in the form below, we will match you with the best and cheapest secured auto logbook loans provider in kenya. They prefer employment or business documents before asking for any owned tangibles. Platinum credit offer logbook loans within 24 hours disbursed via cheque, mpesa or bank account. In kenya, mogo provides financing to passenger cars and logbook loans from 100,000 to 1,000,000 kenyan shillings for a period of 6 to 60 months. Mwananchi credit limited is an incorporated private company that tops this list of top logbook loans in kenya. Auto logbook loans ngao credit offers quick loans against motor vehicles. This is a great opportunity to take ownership and grow with kenyas leading nonbank lender. Ironically, by getting small loans you will be well on your way to remove black marks from your financial name.

Luckily, we have a variety of loan providers that can grant you instant online loans in kenya and help you save the situation. Mwananchi credit limited is a leading provider of logbook loans in kenya. This samchi loan enables you to get cash using your vehicle as security. This loan can be used for any purpose and is ideal for people looking to expand their. Auto advance logbook loans kenya ltd home facebook. Please feel free to complete the form below and a member of our team will be in contact with you to provide a free quote. Luckily, we have a variety of loan providers that can grant you instant online loans in. We finance 50% of the logbook value from a minimum of ksh. We offer asset finance, bid bonds, logbook loans, loans on title deeds. The lenders offices are located at 1st floor,methodist centre,loitoktok road,nairobi.

Logbook loans in kenya have become popular as the need for credit continues to grow. We offer log book loans in kenya as a form of financing whereby the loan advance is secured against the borrowers car. Thanks to the many creditors in kenya today, you can get your logbook loan almost immediately after application. Log book loans are secured against your car and available anywhere in the uk. Logbook loans lbl is a form of financing, whereby the loan advanced is secured against the borrowers motor vehicle. There are websites like go fund me kenya that support crowd funding the digital version of harambee, you can also get a logbook loan from companies like milhan access capital, or get financing from nonprofit lenders. Shortterm loans of between 1 and 4 months can be given to employees who apply for them. Quick logbook loans from kenyas most trusted credit only microfinance. With the need to access credit for both individuals and businesses in kenya, most people are moving away for banks to acquire credit from smaller players in the market. About logbook loans and how does it work we changed the narrative of lending, just an hour and you are sorted. Oct 18, 2019 auto logbook loans ngao credit offers quick loans against motor vehicles. Mwananchi credit ranked best in logbook loans kenyan digest.

Depending on the loan amount, period and the vehicle you wish to purchase, the annual percentage rate ranges from 30. Logbook loans cash logbook loans secured against all vehicles. Personal loans in kenya, quick secured personal loans. Not all legitimate lenders do this though especially the mainstream commercial banks who dont ask for collateral right away. Besides logbook loans, mwananchi credit also offers an array of other financial solutions including. Mar 05, 2020 at platinum credit, all loans including the logbook loan are subjected to a loan appraisal process. Valuation of the subject car by a reputable valuer such as aa of kenya. Below we will list the most genuine providers of logbook loans. Bcf kenya bcf kenya gives up to 50% the value of the car and repayment is up to 12 months.

Jijenge credit now loans up to sh10,000,000 across the east african region. Apply for an instant guaranteed logbook loan in kenya secured by the value of your car. When you take out a logbook loan, you hand over your registration documents or vehicle logbook to the lender. Loans against logbook lenders in kenya tuko kenya online. The target clients are owners of commercial or private vehicles. The processing of the loan is always quick and easy, and one can apply online or by visiting the leaders company offices. Once a loan has been approved the loan will be disbursed within 24 hours, either via mpesa, cheque or to a bank account. All you need is to have an active kcb account for a minimum of 3 months, and requisite security including title deeds, logbooks, share certificates, among others. Logbook loans in kenya genuine providers in 2020 urban.

Access salary advance, title deed loans, import duty finance. Auto advance logbook loans kenya ltd, nairobi, kenya. Initially trading as mwananchi microlink ltd from 15th april 2010, it officially changed names to mwananchi credit limited on 10th january 2012. Nov 19, 2019 there are websites like go fund me kenya that support crowd funding the digital version of harambee, you can also get a logbook loan from companies like milhan access capital, or get financing from nonprofit lenders.

This happens to be the most convenient way of getting quick money especially if you own a car and you need the money more or less worth your car. Hypac investments limited log book loans in kenya salary. We have the most competitive and attractive rates in town. We are a top 100 medium size company 2014 and 2016. Other companies that offer instant car loans in kenya secured by logbooks include mwananchi credit, ngao credit, and bcf kenya. Logbook loans in kenya mwananchi credit limited youtube. Also car loans, title deed loans, salary advance, cheque cashing, trade. Cheki finance provides car buyers with quick car loans for the purchase of kenyan used cars, foreign used cars, or brand new cars that are listed on. Apr 14, 2020 below we will list the most genuine providers of logbook loans. Logbook loans in kenya and how to apply instantly kenyans.

Why take an auto logbooks loan with ngao credit ltd. Fincredit is a premier credit only microfinance institution with operations in kenya and uganda. In fact, using emergency cash loans is one of the easiest ways to improve your credit rating. Done this for a long time and all our benefactors can attest to this. All log book loans are subjected to a loan appraisal process.

As seen above, there are multiple car loans in kenya. Secured personal loan a secured loan is a loan in which the borrower pledges some asset e. Free to apply for a no obligation quote with instant decision. Auto logbook loans are great solutions for quick cash, and they are fairly easy to obtain. Asset finance, logbook loans, smeemployee loans new kcc loans, instant loans, fincredit staff and rep loans. Logbook loans in kenya have increasingly become popular. Milhan access capital offers affordable logbook loans in kenya among other loan products. The last resort for many of us has been borrowing from creditors. These loans are typically processed in approximately 24hrs. Milhan access capital affordable logbook loans in kenya. Fincredit allows you to pledge your car as security for a loan.

Car logbook loans car logbooks can be used to access quick loans in kenya from some lenders as security. However companies with more than one year of revenue have more financing available to them. Unlike most of the other lenders, jijenge credit offers a loan of up to 60%. We are incorporated as a limited company, as per the kenyan companys act. Logbook loan alternative high acceptance free instant. Offering a variety of loans including log book, civil servant, duty financing and mkopo kodi. Reporting to the business development officer, you will play a crucial role in driving. Some of the companies that offer car logbook loans in kenya include. Aar credit services ltd gives loans with car logbooks as collateral. Logbook loan estimated lead time up to 24 hours access upto 50% of logbook value loans from kes 100,0008,000,000 1.

Car loans in kenya car financing in kenya logbook loans. Momentum credit can lend up to kes 5000000 to help you unlock trapped cash in your car within 24 hours to help meet your personal and business financial needs without selling your car. These are the places you can access online loans in kenya in 2020. If you need cash urgently, sonix credit ltd will give you the quickest solution thanks to our logbook and title deed loan. You can borrow up to 60% of the value of your car in 6 hrs and repay within a period of up to 20 months. Edenbridge capital is a non bank financial services company registered in kenya. Loans can be secured against more than one motor vehicle at the same time. In comparison to small bank loans, there are less formalities and paperwork with. Jan 24, 2020 the logbook loans in kenya are secured against the value of your car.

It takes the shortest time just an hour to process your loan. We arrange same day loans in exchange for the registration document, while you keep the use of your vehicle. People love to see cars as liabilities until they get into a fixture that required urgent funding. The logbook loans in kenya are secured against the value of your car. The loans once approved is made available within 24 hours. Logbook loans cash logbook loans secured against all. Anyone who owns a private, commercial or passenger service vehicle. Life is not certain and at times people find themselves in financial disarray and therefore they need a. This service is being offered by cheki kenya in collaboration with major kenyan banks. We have the quickest loans, all our products are processed in under an hour.

Mwananchi credit emerged the most preferred credit microfinance in logbook loans in the inaugural automotive sector excellence awards. We changed the narrative of lending, just an hour and you are sorted. Quick logbook loans from kenya s most trusted credit only microfinance. Nov 27, 2018 car logbook loan givers in kenya car logbook loans car logbooks can be used to access quick loans in kenya from some lenders as security. Employed, nairobi, kenya my friend recommended me to ecredit for a quick loan. Apply now for vihecle log book loans, salary advance loans title deed loans at affordable interest rate. You are joining a very large family and we invest in transparency.