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Our Loans BFS Loan Product

Vehicle Logbook Loan

Financing backed by an eligible vehicle logbook for clients who need working capital while continuing to use their vehicle.

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Who can apply?

Eligible applicants

Vehicle owners needing working capital

Loan AmountBased on vehicle value and assessment
Loan PurposeWorking capital while retaining vehicle use
Loan TermUp to 24 months
RepaymentMonthly installments
Features

Financing backed by an eligible vehicle logbook for clients who need working capital while continuing to use their vehicle.

  • Working capital while retaining vehicle use
  • Term: Up to 24 months
  • Repayment: Monthly installments
  • Reviewed during assessment
Benefits
  • Reviewed by a dedicated BFS branch and risk team, not an automated decision
  • Clear repayment schedule agreed before disbursement
  • Ongoing support from your account officer through repayment
  • Transparent terms with no hidden charges
Requirements

Eligibility

  • Vehicle owners needing working capital
  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type

Collateral

  • Reviewed during assessment

Documents

  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type
  • Photos or documents of collateral where required
FAQs

Questions about Vehicle Logbook Loan

Who can apply for the Vehicle Logbook Loan?

Vehicle owners needing working capital.

How much can I borrow?

Based on vehicle value and assessment.

How long do I have to repay?

Up to 24 months, repaid monthly installments.

Ready to apply?

Start your Vehicle Logbook Loan application now.

Fill in a short online form with your details and the amount you need. The BFS team will contact you to confirm documents, assess repayment capacity, and guide you through the next steps.

Start Application
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