For many borrowers, urgent financial needs—whether driven by medical bills, school fees, or time-sensitive business opportunities—often collide with slow approval processes and restrictive credit requirements from traditional lenders. In response, logbook loans are gaining attention as a faster, more flexible financing option.
This form of lending allows vehicle owners to access cash by leveraging the value of their cars, without surrendering day-to-day use of the vehicle. The borrower continues driving the car while the logbook is used as security for the loan.
Auto Advance Logbook Loans is among the providers positioning this model as a transparent and accessible alternative. The company focuses on speed and simplicity, with loan approvals and disbursements often completed within the same day once documentation is verified.
Unlike conventional loans, logbook financing typically does not rely on credit reference bureau (CRB) checks, making it an option for individuals with limited or impaired credit histories. Interest rates are reported to start from 4%, and the company emphasizes clear terms, with no upfront valuation fees or undisclosed charges.
What Applicants Need
The application process is designed to be straightforward. Applicants are required to provide:
-
An original National ID
-
The vehicle’s original logbook
-
A recent one-month bank or M-Pesa statement
-
A valid KRA PIN
-
Two passport-sized photographs
According to the lender, these requirements help streamline approvals while maintaining compliance and accountability.
Expanding Access Through Multiple Locations
To improve accessibility, Auto Advance Logbook Loans operates across several locations, including Buru Buru, Umoja 3, Kiambu Road, Ongata Rongai, and Kitengela.
As financial pressures continue to affect households and entrepreneurs alike, logbook loans are increasingly being viewed as a practical bridge for short-term funding—particularly for those seeking speed, flexibility, and clarity.
For more information, Auto Advance Logbook Loans can be reached at 0765 650 650 or via autoadvancelogbookloans.co.ke.