Need Fast Cash? Here’s Why a Logbook Loan Might Be Your Best Option in Kenya

Finding quick financing in Kenya can often feel like an uphill battle, but not anymore. Logbook loans are the smart, hassle-free solution you've been searching for. You don’t need to sell your car just to sort out financial emergencies.

With Umba as your trusted financial partner, you can access fast, flexible logbook loans using your car’s logbook as security.

What is a Logbook Loan?

A logbook loan is a facility that allows you to get access to quick cash using your vehicle as collateral. The vehicle's logbook is used as security during the term of your loan. You continue to use your car while still servicing the facility.

The loan can either be short-term, lasting between a month to six months, or long-term, depending on your needs.

Why a Logbook Loan Might Be Your Best Option

In the face of an emergency, a logbook loan is the best option for you. Here is why:

  • Quick Approval & Fast Disbursement: Logbook loans in Kenya tend to have a quick turnaround time compared to other facilities. For example, with Umba, you can get access to amounts ranging between Ksh100,000 and Ksh1.7 million within 24 hours.
  • Flexible Loan Terms: You don’t have to be tied up in long-term commitments if you don’t want to. You can choose a long-term or short-term loan depending on your needs.
  • No credit Checks: With logbook loans, the value of your car carries more weight than your credit history.
  • No Need to Sell Your Car: With logbook loans, you get to use and keep your car while servicing the loan.

Why Choose the Umba Logbook Loan?

At Umba, we understand that life can be unpredictable and emergencies arise when you least expect them. If you're looking for a financial solution that truly works, we're your best bet — and here’s why:

  • Fast Pre-Approval: At Umba, we understand that in the face of an emergency, time is of the essence. Our turnaround time on pre-approval is 6 minutes, and you get the cash within a few  hours.
  • Competitive interest rates: You can access loans of up to Ksh1.7 million with interest as low as just 3% per month.
  • Flexible Repayment Plans: We value your convenience. You can request a flexible payment period of up to 24 months.
  • High Loan Value: Get up to 70% of your car’s forced sale value—without giving up your vehicle.

Kicking off the application process for this loan is quick and easy, and there is no endless paperwork like other loans or financial providers. Here’s what you’ll need to unlock fast, flexible financing:

  • Proof of income (contract letter & 3 recent payslips)
  • A copy of your logbook
  • National ID
  • KRA PIN
  • Mpesa and bank statements from the last 6 months

Get Started Today

Need to get a loan fast in Kenya? Umba makes it easy with quick approvals, flexible terms, and up to 70% of your car’s value—without giving up your ride. Don’t wait! Apply now and get cash in your account today.