Services

LogBook Loans

Logbook Loans are a type of secured loan where the borrower uses their vehicle as collateral. By using your vehicle as security, you can borrow money quickly and efficiently while retaining the use of your vehicle throughout the loan term. When you take out a Logbook Loan with us, you temporarily hand over your vehicle’s logbook to us, which is returned to you once the loan is fully repaid.

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Turnaround Time

application

Eligibility and Documentation

To apply for our logbook loans, clients need to provide the following documents:

Individual

  • Copy of ID Card/Certificate of Registration
  • Copy of KRA Certificate
  • Passport Photo
  • Proof of Banking – 6 Months Mpesa and Bank Statement
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Business

  • Certificate of Incorporation
  • CR12
  • Board Resolution to borrow
  • Copy of I.D Card and Kra Pin of the Directors
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application

Logbook Loan Application Process

We have streamlined our Asset Finance Loan application process to ensure you receive the funds you need quickly and efficiently. Below is a summary of each step in the process:

Initial Inquiry

Start by reaching out via Phone Number 0797101010, email us at info@remycapital.co.ke, or visit our offices at Caxton House, 1st Floor, Nairobi, to express your interest in an Asset Finance Loan. Our team will provide you with information and answer any questions.

Loan Application

Submit your loan application, providing personal and vehicle details.

Application Review

We will conduct an initial review of your application to ensure you meet the basic requirements, such as valid identification, and proof of income.

Professional Valuation

A professional valuer will assess the vehicle you intend to purchase to determine its market value. This helps establish the loan amount you can qualify for.

Offer Letter

If you meet the requirements, we will provide you with an offer letter detailing the loan amount, interest rate, repayment schedule, and any other terms and conditions. Review the offer carefully and feel free to ask any questions.

Car Track Installation

Car Track Installation: For added security, we will arrange for the installation of a car tracking device on the vehicle. This helps protect both parties in case of theft or loss.

Car Insurance Confirmation

Insurance Confirmation: The vehicle must be comprehensively insured throughout the loan period. 

Joint Registration

As part of the loan agreement, we will conduct a joint registration of your vehicle. This means that while you retain ownership and use of the vehicle, Remy Capital is registered as a lienholder until the loan is fully repaid. This step is necessary to secure the loan and protect our interests.

Funds Disbursement

Once all the procedures are completed, and the joint registration is finalized, we will disburse the loan amount to you. We aim to release the funds within the shortest time possible, ensuring you get the financial support you need promptly.

Key Features/Benefits

Benefits of Our Logbook Loans

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Quick Access to Funds

One of the most significant advantages of Logbook Loans is the speed at which you can access funds. Our application process is streamlined to ensure you get the money you need as swiftly as possible, often with approval and disbursement happening within a short period.

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Flexible Repayment Terms

Our Logbook Loans come with flexible repayment terms, allowing you to repay the loan over 24 months. This flexibility ensures that you can manage your repayments in a way that suits your financial situation, providing a convenient and stress-free experience.

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No CRB Check Required

We do not require a credit check. This feature makes our loans accessible to a wider range of individuals, including those who may have a poor credit history or no credit history at all. We focus on your ability to repay the loan. This approach means that as long as you can demonstrate a reliable source of income or the capacity to pay the loan, you can qualify for a Logbook Loan with us.

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Continue Using Your Vehicle

A standout feature of Logbook Loans is that you can continue to use your vehicle as usual while repaying the loan. This means you won’t experience any disruption to your daily life or business activities, making it an ideal option for those who rely on their vehicle for personal or professional use.

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Minimum Requirements

With fewer requirements and a simplified approval process, more individuals can benefit from this type of financing, regardless of their credit history.

Why Us

Why Choose Remy Capital?

We are committed to providing a seamless and efficient Logbook Loan application process. Our procedures are designed to ensure transparency, security, and quick access to funds. We offer:

Quick turnaround times

to get you the funds you need promptly.

Modest requirements

to make our loans accessible to a broader range of clients.

Flexible repayment plans

that accommodate your financial situation.

A reliable and professional service

to guide you through the process seamlessly.

We understand the importance of financial support in unlocking your future. Our Logbook Loans are designed to provide you with the funds you need while ensuring you can continue to use your vehicle, making it a practical and efficient solution for your financial needs.

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