Logbook Finance · Funds in 24 hours
Your car keeps moving. So does your money.
Borrow against the value of your vehicle without parking your life. Up to 60% of your car's value, from KES 10,000 to KES 1,000,000, repaid over 6 to 36 months.
Indicative pricing at 4% per month. Your exact rate, fees and any insurance are set only after we assess your application — and are shown in full in your personal offer before you accept.
About the Logbook Loan
A Logbook Loan from Aspire Lending Ltd lets you unlock the cash value tied up in a vehicle you already own, while you carry on driving it every day. Your car's logbook serves as security, so you can borrow larger amounts over longer periods than an unsecured loan typically allows. It is a practical way to raise funds for business, emergencies or planned expenses without selling your vehicle.
Because the loan is secured against your car, Aspire can offer competitive pricing fixed at 4% per month and amounts from KES 10,000 up to KES 1,000,000, subject to assessment and the vehicle's value. You can borrow up to 60% of what your car is worth, repaid comfortably over a term of 6 to 36 months that fits your income.
Aspire Lending Ltd is licensed and regulated by the Central Bank of Kenya, so you borrow with clear terms and no hidden charges. Once your application is approved and the paperwork is in order, funds are typically disbursed within 24 to 48 hours, and your logbook is released in full once you have repaid the loan.
Why customers choose the Logbook Loan
You keep your car and keep driving it. Unlike selling your vehicle to raise money, a Logbook Loan lets you access cash while your car stays with you, on the road, earning for your matatu, boda or delivery business as usual. The logbook is held as security, but day-to-day use of the vehicle remains entirely yours throughout the loan term.
It unlocks value that is otherwise sitting idle. Your vehicle may be worth hundreds of thousands of shillings, yet that value is locked away until you sell. A Logbook Loan converts part of that value, up to 60%, into working capital you can use today for stock, school fees, medical costs, expansion or any legitimate need.
Speed matters when opportunities and emergencies do not wait. Once your documents, valuation and verification are complete, funds are typically disbursed within 24 to 48 hours, so you are not left waiting for weeks while a supplier, landlord or hospital needs paying.
The amounts and terms are built around real vehicles and real incomes. You can borrow from KES 10,000 to KES 1,000,000 over 6 to 36 months, with repayments structured to match your cash flow rather than a one-size-fits-all schedule that strains your budget.
You are borrowing from a lender licensed by the Central Bank of Kenya. That means transparent terms, a proper affordability assessment, no hidden charges, and a clear promise that your logbook and interest are released once the loan is fully settled. Your exact rate and fees are confirmed in a personalised offer after assessment.
What people use the Logbook Loan for
Vehicle owners use a Logbook Loan to raise funds for a wide range of planned and unexpected needs without giving up their car.
Business working capital
Buy stock, restock inventory, cover payroll or bridge a cash-flow gap. For SME and matatu owners, a Logbook Loan turns the value of an asset you already run into capital that keeps the business moving without pausing operations.
Vehicle repairs and upgrades
Fund a major engine overhaul, new tyres, bodywork or servicing that keeps your matatu, boda or delivery vehicle compliant and earning. Keeping the vehicle roadworthy protects your income, and the loan spreads the cost over a manageable term.
Emergencies and medical bills
When a hospital bill or urgent family need arises, waiting weeks is not an option. Because the loan is secured against your logbook, larger sums can be arranged quickly, typically within 24 to 48 hours of approval and completed paperwork.
School and college fees
Spread the cost of termly or annual fees across a repayment period that suits your income, rather than draining savings or borrowing at short notice. Your vehicle stays with you and continues to serve the family throughout.
Expanding your fleet or trade
Use the equity in one vehicle to fund a deposit on another, take on a new route, or invest in equipment. This lets growing operators reinvest without selling the asset that already generates their income.
Consolidating costly short-term debt
Replace expensive, short-tenure borrowing with a single, structured Logbook Loan at competitive indicative pricing. One clear repayment over a longer term can ease monthly pressure, provided the arrangement genuinely improves your position.
Making sure the Logbook Loan fits
A Logbook Loan suits people who own a suitable vehicle outright and want to raise funds against it while continuing to use it. It is not right for every situation, so it helps to be honest about your circumstances.
A good fit if…
- You own a vehicle registered in your name with the logbook available as security
- You need a larger amount or longer term than an unsecured loan typically offers
- You want to keep driving your car while you repay
- You have regular income and can comfortably meet the monthly repayments
Consider alternatives if…
- You do not own the vehicle or the logbook is not in your name
- The car is old, in poor condition or has very low market value
- You cannot afford the repayments without financial strain
- You are not willing to place your vehicle logbook as security
The benefits of borrowing with Aspire
Keep using your car
You retain full use of your vehicle for the entire loan term. It stays registered to you and continues to drive, work and earn while the logbook is held only as security against the loan.
Borrow up to 60% of value
Access a meaningful portion of your vehicle's worth, up to 60% following a professional valuation, so the funds you unlock reflect what your car is genuinely worth in today's market.
Fast disbursement
Once verification, valuation and paperwork are complete, funds are typically released within 24 to 48 hours, so you can act on an opportunity or settle an urgent need without long delays.
Flexible repayment terms
Choose a term from 6 to 36 months, with repayments structured around your income and cash flow so the loan fits your budget rather than stretching it.
Competitive indicative pricing
Because the loan is secured, pricing starts at 4% per month. Your exact rate and any fees are confirmed transparently in a personalised offer after your assessment is complete.
No hidden charges
You see clear, upfront terms before you commit. There are no surprise deductions, and every cost is set out in your personalised offer so you know exactly what you are agreeing to.
Regulated and trusted
Aspire Lending Ltd is licensed by the Central Bank of Kenya, so you deal with a supervised lender that follows proper lending, disclosure and consumer-protection standards throughout your loan.
Logbook released on repayment
When you repay the loan in full, Aspire discharges its registered interest and returns the logbook to your sole name, giving you back clear, unencumbered ownership of your vehicle.
From application to disbursement
The application is straightforward and designed to protect both you and Aspire. Here is what happens at each stage and why it matters.
Apply
Start your application online or with our team, telling us about your vehicle and how much you would like to borrow. This lets us make an early check that the loan is likely to suit your needs before you gather documents.
KYC, vehicle and logbook verification and valuation
We confirm your identity and verify that the vehicle and NTSA logbook are genuine and registered in your name. An independent valuation establishes the car's market value, which determines how much you can responsibly borrow against it.
Affordability assessment
We review your income and existing commitments to make sure the repayments fit your budget. As a Central Bank of Kenya regulated lender, we lend responsibly, so this step protects you from taking on a loan you cannot comfortably sustain.
Personalised offer and registration of interest on the logbook
You receive a personalised offer setting out your exact rate, fees, amount and term with no hidden charges. On acceptance, Aspire's interest is jointly registered on the logbook through NTSA, formalising the security while you retain use of the car.
Disbursement
Once the offer is signed and the interest is registered, your funds are disbursed, typically within 24 to 48 hours, straight to your account. Your repayment schedule is confirmed at the same time so you know exactly what to pay and when.
Who can apply — and why we ask
To qualify for a Logbook Loan you need to meet a few clear requirements. These confirm the vehicle can serve as sound security and that the loan is affordable for you.
The documents you’ll need
Having your documents ready helps us assess and disburse quickly. Here is what we typically ask for and why each item is needed.
Identity
- National ID or valid passport. Confirms who you are and satisfies mandatory KYC checks required of a regulated lender.
- KRA PIN certificate. Verifies your tax registration and supports identity and income assessment during the application.
Vehicle and collateral
- Original NTSA logbook in your name. Proves ownership and is the security against which the loan is advanced and interest registered.
- Vehicle valuation report. Establishes the car's current market value, which sets the maximum amount you can borrow.
- Comprehensive insurance certificate. Confirms the vehicle is covered against loss or damage for the full duration of the loan.
Income
- Bank statements (3–6 months). Show your cash flow and help us confirm the repayments are affordable for you.
- Payslips or business records. Evidence your regular income so we can complete a responsible affordability assessment.
Supporting
- Recent passport photograph. Completes your customer file and supports identity verification during onboarding.
- Proof of residence. Confirms your current address, such as a utility bill, for our records and contact.
How repayment works
Your repayments are set out clearly in your personalised offer, so you know exactly what to pay and when. There are no hidden charges and no surprises.