logbook Loans

Scope of the product

Are you a motor vehicle owner and in need of financial support to sort out your financing needs such as capital expenditure, working capital, investment, personal development among others?

Our logbook secured financing will help you meet those needs

our product

Terms and Conditions

  1. Financing of up to 50% of the value of the car
  2. Loan approved within 6 hours once all required documents are provided
  3. A valuer in FCL’s panel must carry out valuation of the vehicle, and the vehicle must be comprehensively insured.
  4. Loan tenure of 18 months.
  5. Interest rate of 3.5% pm.
  6. Processing fee of 2%.
  7. Grace period of 45 days from the date of loan disbursement.
our product


What is a logbook loan?

A loan granted against a logbook. The logbook should be free of any encumbrance.

How old should my vehicle be?

The car should not be older than 14 years by the time you clear your loan with the institution.

Where do I get a valuation report?

You can either get your car valued by Regent or Steering auto valuers.

How do I make an application?

A. You can make an application physically at any of our branches in Mombasa and Nairobi or can contact us on our Tel – 0705 474 291, Email –

 Is there a minimum amount I can borrow?

Yes. The minimum amount you can borrow is Kshs. 100,000.

What is the maximum loan tenure for the logbook loan?

A. Up to 18 months.



What is the rate of Interest?

FCL charges a fixed interest rate of 3.5% pm.

Are there any other charges?

Yes. We charge loan processing fee of 2% of the loan amount.

What is the maximum amount of loan I can get?

A. Up to 50% of the forced sale value of your car at the point of application.

Are there any exceptions to this facility?

We do not give logbook loans for PSV vehicles, Tractors and Prime Movers. Loan approvals are subject to Credit Appraisal.

How long does it take for me to get the money?

After the loan approval and securities perfection process, the loan is disbursed into your account within 6 working hours.

Our Partners

We believe in partnerships to offer our customers the best service.

Contact Us

Get In Touch

We are here to help you 7 days a week and respond within 24 hours.

General Inquiries​

First Capital Limited

11th Floor, NSSF Building Northern Wing, 

Nkrumah Road, Mombasa, Kenya.

T: +254 (041) 2241 220

+254 (0)705 474 291


Got Questions?