Motorbike logbook loans in kenya

Logbook loans are secured against your vehicle and are subject to affordability. Check out the minimal requirements needed to get you easy car logbook loan. We have the quickest loans, all our products are processed in under an hour. The application will be processed through ntsa kra on your behalf and deliver the necessary documents to you efficiently.

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. 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. The vehicle owner will be asked to produce the logbook v5 to prove they are the registered keeper of the vehicle. Logbook loans cash logbook loans secured against all vehicles. Loan processing is also very fast, and applicants normally get the money within 24 hours. We offer log book loans in kenya as a form of financing whereby the loan advance is secured against the borrowers car.

Car logbook loan requirements fit xpress kenya quick car. These loans are typically processed in approximately 24hrs. Log book loans are a great way to get cash fast, without the hassle of going through credit checks and banks. Browse vehicles on marketplace and filter by price, location and more. We provide a realtime platform that enables you to verify your car logbook documentation by doing a krantsa car search for the motor vehicle copy of records using the vehicle number plates ntsakra logbook search and status verification. The companies are divided into suppliers for allround motorcycles, choppers, classic motorcycles, offroad.

In contrast to car log book loans, motorbike logbook loans can offer you a loan whilst you stay riding your bike, even if you have been refused by other finance companies. We have 62 boxer motorbike ads under motorcycles category. Logbook loans cash logbook loans secured against all. To see if you qualify apply now and we will call you straight back to discuss your requirements. It allows you to use the value of your vehicle without having to sell it.

If you want to apply for a motorbike logbook loan, then a good place to start is getting the below documents ready for us to check. Depending on the loan amount, period and the vehicle you wish to purchase, the annual percentage rate ranges from 30. Its a realtime mobile and web platform that enables those that want to do searches and verifications of legal documents in kenya such as ntsakra logbook search and verificationcar and vehicle registration search to do so with easily on their phone or computer without having to. Kra motorbike import duty calculator kenya crsp value 2019. 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. We have the most competitive and attractive rates in town. If you need finance or a loan to buy a motorbike then our loan experts can help. When a motorbike owner wishes to procure a loan using the vehicle as collateral, he or she should be willing to surrender the logbook to the lender.

Logbook loan release cash from your vehicle in 1 hour. Apply for loans starting from ksh 500 and get instant access to the funds you. Whether you need the money for a month or a year, our flexible payment solution lets you choose. Auto logbook loans are great solutions for quick cash, and they are fairly easy to obtain. At swift acceptances limited, we are proud in having young, creative, talented and energetic team of highly educated professionals. 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. Logbook loans are versatile and borrowers with different credit histories can get the loan easily.

The loan is secured on the vehicle using a bill of sale and the customer is asked to sign a consumer credit agreement. Boda boda loans in kenya, motorbike loans secure your own. We provide a fast, secure and confidential way of finding loans without being charged high interest rates. Boda boda is one of the most popular businesses and mode of transport in kenya. A logbook loan is a form of secured lending in the united kingdom and is the most common modern example of a security bill of sale. How much you can borrow depends on the value of your vehicle.

As responsible lenders, the companies we work with always want to ensure that their loans are affordable, but should you run into difficulty, you can always call us to discuss your account. Car logbook loans car logbooks can be used to access quick loans in kenya from some lenders as security. With elogbook loan, you can get the money you need today. Once the fee is paid, the system will produce a twopart verification code. Visit us at the fit xpress offices for your personalized car logbook loan solution. They prefer employment or business documents before asking for any owned tangibles. Borrowers transfer ownership of their car, van or motorcycle to the logbook lender as security for a loan. Its a quick and simple way to withdraw cash from a vehicle, without a formal credit check.

But did you know you can also get motorbike logbook loans. Asset financing from commercial banks is rarely 100% the value of the motor cycle. A logbook loan lets you borrow the cash from your car, using the vehicle car, van, motorbike or caravan itself as collateral. Apr 17, 2014 kenya loans was set up to make loan products more accessible to kenyans. We offer asset finance, bid bonds, logbook loans, loans on title deeds. Apply for an instant guaranteed logbook loan in kenya secured by the value of your car. Instant cash from online car logbook loans for older cars. Logbook loans, also known as a v5 loan can be a quick and convenient way to borrow money. Logbook loans online with no credit checks elogbook loan uk.

A logbook loan allows you to borrow money using your vehicle as security. The first thing prospective borrowers should do is find the right lender. Motor vehicle copy of records search kenya, ntsa vehicle search online, kra motor vehicle search form, ntsakra logbook search kenya, ntsakra car search, logbook status verification in kenya. Boda boda loans are available at our authorized dealers. Jiji is represented by the wide selection of new and used motorcycles and scooters. Even without a car, our streamlined process and flexible borrowing options offer you a quick and hassle free way to get. Ntsa kra logbook transfer of ownership online application. Motor bikecycle boda boda loans in kenya loans kenya blog.

Motorbike boxer kmdk 100cc clean 47k only call original logbook available. They can issue you with a logbook loan against the value of your bike. Logbook loans uk online same day payouts auto advance. While making repayments borrowers keep possession of their vehicle and continue to use it. In kenya, ntsa logbook transfer charges also vary depending on engine capacity and can be paid through the mobile money system. Motorbike logbook loans what are they and their benefits. For more details reach us through 0702012712\0719712731.

Should you fail to pay back the loan, the logbook loan lender will take away your vehicle. Robbybikes used motorbikes for sale in kenya public. Logbook loans apply online cash in 24 hours logbook. It is our mission to provide information on loans in kenya at lower interest rates that are affordable to every borrower. This loan can be used for any purpose and is ideal for people looking to expand their. In this section you can find 14 motorcycle suppliers in kenya registered on our portal. Jijenge credit now loans up to sh10,000,000 across the east african region. A logbook bike loan is a loan that uses your bike as security. Mar 12, 2016 banks can therefore partner with a motorcycle dealer which will give out the motorbike or simply give out cash to the borrower who will then buy the motor cycle from any preferred motor dealer. Explore 55 listings for used motorcycles for sale in kenya at best prices. You may consider turning to workmates or getting an advance from your employer. We offer a simple application process that you can complete online in minutes, and the only time youll need to speak to a representative is when you meet with one of our agents to sign. Logbook loans can seem tempting if you need cash fast and have a poor credit rating, but there are always alternatives.

Robbybikes used motorbikes for sale in kenya public group. Logbook loans leeds logbook money v5 loans log book. A simple internet search will reveal numerous reputable companies in the region. Our experts have access to a wide range of motorcycle lenders who are willing to offer loans to those who wish to buy a new or second hand bike. Ntsa logbook transfer application and charges in 2019 tuko. In kenya, mogo provides financing to passenger cars and logbook loans from. Life in a big city can sometimes be lonely especially if you do not have family or friends around.

Ntsa logbook transfer application and charges in 2019. Logbook loan release cash from your vehicle in 1 hour car. With institutions adapting to new technologies, jijenge credit has a mobile lending services for its customers. Robbybikes used motorbikes for sale in kenya has 2,952 members. The seller will receive the first section and the second part goes to the buyer through their mobile phones. A logbook loan may only be issued by an fca regulated company. So whilst you may have been turned down for other types of loans and finance, many borrowers are able to release money from the car, bike or van that is sitting in their drive way. Verified ntsakra logbook search kenya kra online motor.

Because this is a type of secured loan, it generally means you may be able to obtain a logbook loan with a less than perfect credit history. Motorbike logbook loans raise cash against your motorcycle. These loans are secured using a bill of sale on the v5 logbook of your vehicle and thus are a type of secured loan. Documents required for loan processing are scanned or sent via email. Logbook loans are advertised online and on the high street. Often, you wont be allowed to borrow more than the vehicles current value, and the logbook loan company may require an independent valuation of. Once we have checked your motorbike is suitable for use as collateral for a motorbike logbook loan, we can move your application forward to the next stage. We are incorporated as a limited company, as per the kenyan companys act. Over the recent past, the motorcycle taxi industry. If interested, you can ask your bank about this loan facility. A van logbook loan, as the name suggests, is a loan secured against your van.

Each of the sellers on the online motorcycle marketplace and motorcycle distributor has their own, and they range between sh. When you take out a van logbook loan with logbook loans we will hold on to your logbook v5c or vehicle registration document for the duration of the loan. Log book loan in kenya up to 20 million from mwananchi credit. When you are faced with an urgent financial obligation, there are very few people to turn to. Cheki finance is a car loan service designed to effectively meet the financing needs of car buyers in kenya. This service is being offered by cheki kenya in collaboration with major kenyan banks. Logbook loans online with no credit checks elogbook.

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. Starting the application process for a motorbike logbook loan is very simple indeed. Modern motorcycles can cost as much or more than a small car. With no credit checks and a simple online application process, this can make them an ideal way to get money fast even with a less than perfect credit history. Borrowers will still be able to enjoy the total freedom of driving their car without having to. The borrower can use their vehicle throughout the duration of the loan, and it is the borrowers responsibility to ensure the car is insured, taxed and kept in. Quick loans,emergency loans in kenya, small loans in kenya. The lenders offices are located at 1st floor,methodist centre,loitoktok road,nairobi. Logbook loans can be more risky than other more mainstream types of secured lending. Get your ntsa kra motor vehicle transfer processed together with the logbook transfer form c from the previous owner and have your new logbook with your details within 5 working days.

Borrowers can get 50 to 90 percent of the current market value of their motorbikes. Expiry duration of all inspection bookings from 16th march were adjusted to expire on 30th may, 2020. Ntsa motor vehicle search online kra car logbook copy of. Explore 24 listings for new motorbikes for sale in kenya at best prices.

A logbook loan is a simple and very fast way of obtaining a loan secured against your vehicle car, van, motorbike or caravan. For more information about our secured loans read the bill of sale information sheet. Boda boda loans in kenya, motorbike loans secure your. Results of the motor vehicle registration check online, are sent directly to your phone as sms and the official.

Late payment or nonpayment may result in additional fees such as court fees or andor the repossession of your vehicle. Aar credit services ltd gives loans with car logbooks as collateral. Conduct a kra online carmotor vehicle registration check or log book search kenya, that is, ntsa online motor vehicle search or ntsakra car registration search, in a more convenient way on. The logbook loans in kenya are secured against the value of your car. Logbook loans lbl is a form of financing, whereby the loan advanced is secured against the borrowers motor vehicle. Musoni is the future of high quality microfinancial services and leverages information communication technology ict heavily to manage its operations much more efficiently than peer organizations, and to scale rapidly as it delivers better services to clients. Brand new tvs motorbikes price list in kenya varies from distributor to distributor, but it is almost equal to the price of boxer motorbike in kenya. Not all legitimate lenders do this though especially the mainstream commercial banks who dont ask for collateral right away. We believe that our logbook loans should be easy for anyone who wishes to unlock the value of their car, van or motorbike while still getting to drive around in it. It is a way of unlocking the value of your bike without having to sell it. Bcf kenya bcf kenya gives up to 50% the value of the car and repayment is up to 12 months. A logbook loan is a loan secured against any vehicle, for example getting a loan against your car. Logbook loans are a special kind of personal loans secured against a vehicle.

We as crown credit support you to take it to a higher level with our logbook loans against your vehicle, motorbike or tuktuk. Logbook loans are traditionally only thought of as a loan against a car, but as one of the uks largest lenders, elogbookloan. Apply from your mobile, laptop or tablet or call us directly. While you make your repayments for your loan your v5c document is held by the lender as security, you can continue to use your car or other vehicle. If you need to apply for a logbook loan, contact logbook money. The seller will receive the first section and the second part goes to. Logbook loans in kenya genuine providers in 2020 urban. Logbook loans get the best logbook loan deal today. We in turn provide them with exciting and challenging opportunity to realize their dreams in an energizing environment while striving to attain the. We are happy for you to use them as collateral for a logbook loan. Somebody who is passionate about the business tends to be better employee and a better professional to work with. As your motorcycles logbook is used as security by the lender, you can receive your money irrespective of your credit record subject to your eligibility and affordability.

A resident in the uk who has a logbook registered under their name is eligible for a logbook loan. 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. Same day online logbook loans for older cars up to. Logbook calculator offer loans on cars, vans and motorcycles from. The vehicle could be a car, van, motorbike or caravan or anything which has a logbook or v5c document, although car logbook loans are usually the most common. The log book loan is a loan that is secured against the value of your car. Simply click on the lender below and apply on line for a quick decision. Enter your email address to receive alerts when we have new listings available for brand new motorbikes for sale.