Aspire lends against things that already hold value — the vehicle on your drive, the machinery on your floor, the facility you are already servicing elsewhere. Securing a loan against a real asset lets us price it plainly and decide it quickly. Vehicle-backed loans carry one fixed rate of 4% per month over 6 to 36 months; every figure is set out in writing before you sign.
Raise cash against a vehicle registered in your name, and keep driving it throughout the loan.
Acquire commercial vehicles, construction and agricultural equipment, machinery or business equipment.
Move a facility you hold elsewhere across to Aspire and reshape it around your income.
A short bridge for Aspire customers in good standing when a need falls outside banking hours.
Payroll-deducted financing for eligible government employees — no logbook or security, repayments taken at source.
| Product | Security | Loan term | Suitable for |
|---|---|---|---|
| Logbook Loan | Your vehicle logbook | 6 – 36 months | Vehicle owners who need cash without giving up the vehicle |
| Asset Finance | The financed asset | 6 – 36 months | Businesses acquiring equipment, machinery or commercial assets |
| Loan Refinancing | As per the facility taken over | 6 – 36 months | Borrowers carrying a loan elsewhere on terms that no longer fit |
| Weekend Loan | Unsecured | Repayable within 7 days | Existing Aspire customers in good standing needing a short bridge |
One rate on every product: 4% per month, unchanged for the life of the loan.
A decision within 24 hours once your documents are complete.
Identification, income evidence and the asset. Nothing you cannot gather in a day.
A named contact by phone or WhatsApp, not a queue.
Instalment, total repayable and every charge set out in writing before you sign.
All four of our products share the same foundations — KES 10,000 to KES 1,000,000, a fixed 4% per month flat rate, terms of 6 to 36 months and a decision within 24 hours. The right choice depends on what you own and what the money is for.
A logbook loan borrows against up to 60% of your vehicle’s value while you keep driving it. It is our most popular product because the security already sits in your driveway: no land title, no guarantors, no waiting on a valuation committee.
Asset finance reverses the logbook logic: instead of borrowing against an asset you have, you finance the asset you need — machinery, equipment, vehicles for work — and the asset itself secures the loan while it starts earning.
Loan refinancing settles your existing facility with another lender and replaces it with one Aspire loan on transparent terms. If repayments consume more of your income than they should, price this first — our refinance and settlement calculators show the comparison in shillings, not adjectives.
The Weekend Loan is a fast, short-term facility reserved for customers with repayment history on our book — including approvals and disbursement on weekends, when most lenders are closed.
Whichever you choose, the security comes back when the loan closes — a logbook loan ends with your logbook returned, and asset finance ends with the asset fully yours. You can apply online, track your application at every stage, and put all four products side by side on our comparison page before you commit.
Answer a few questions and we will tell you where you stand before you fill in a full application — or talk it through with someone who can point you to the right facility.
Four. The Logbook Loan, Asset Finance and Loan Refinancing are open to everyone who qualifies. The Weekend Loan is available only to existing Aspire customers in good standing.
A fixed 4% per month, calculated on the amount advanced. The rate is identical across all three main products and does not change during your term. The Weekend Loan works differently: 10% per week, repayable within seven days.
Between 6 and 36 months on the Logbook Loan, Asset Finance and Loan Refinancing. You choose the term when you apply, and the calculator shows what each option costs before you commit.
Equipment, machinery and commercial assets that earn for your business. The asset being financed stands as the security, so you do not need to pledge something separate.
Yes, that is what Loan Refinancing does. We settle the existing facility and set up a new one with Aspire, structured around what your income comfortably carries.
Within 24 hours of your documents being complete. The eligibility checker will tell you in about a minute whether an application is likely to succeed before you fill anything in.