LogBook Financing

LogBook Loans!

A secured loan that allows individuals to borrow money using their vehicle as collateral.

How LogBook Loans Work

LogBook loans are a simple and straightforward way to borrow money using your Motor Vehicle LogBook as a collateral. Here’s how it works:

Vehicle Assessment: Individuals interested in obtaining a logbook loan bring their vehicle, along with its logbook (vehicle registration document), to one of our WeCapital branches for assessment.
Valuation of the Vehicle: Our experienced assessors evaluate the vehicle's make, model, condition, mileage, and market value to determine its worth. This assessment helps us determine the maximum loan amount that can be offered
Loan Offer: Based on the assessed value of the vehicle, we present the borrower with a loan offer. The loan amount typically ranges from a percentage of the vehicle's current market value. We aim to provide competitive loan amounts while ensuring responsible lending practices.
Loan Agreement: If the borrower accepts the loan offer, we finalize the loan agreement, including the loan amount, interest rate, and repayment terms. Once agreed upon, the borrower receives the cash loan amount.
Vehicle Ownership Retained: While the borrower uses the vehicle as collateral for the loan, they retain ownership and can continue to use the vehicle as usual during the loan term.
Repayment Options: We offer flexible repayment options tailored to fit the borrower's financial situation and preferences. Borrowers can choose from various repayment terms and payment methods to ensure that the loan fits comfortably within their budget.
Secure Storage of Logbook: During the loan term, we securely store the vehicle's logbook (V5C) in our facilities. This document serves as proof of ownership and is returned to the borrower upon full repayment of the loan.
Loan Redemption: Once the borrower repays the loan in full, including any accrued interest and fees, they regain full ownership of their vehicle, and the logbook is returned to them.

Apply for a LogBook Loan Now

We offer a wide range of loan services that guarantee your financial success

Get Free Assessment Today

TESTIMONIALS

What Our Clients Say

John K. – Individual Borrower

I can't thank WeCapital enough for their exceptional service. The application process was smooth, and I received the funds I needed in no time. With their flexible repayment options, I was able to manage my finances stress-free. Highly recommended

Sarah M. – Small Business Owner

I was struggling to secure funding for my startup until I found WeCapital. Their personalized loan solutions and expert guidance helped me turn my business dreams into reality. Thank you, WeCapital, for believing in me

David W. – Entrepreneur

WeCapital has been instrumental in helping my business grow. Their low-interest rates and tailored financing solutions allowed me to expand my operations and seize new opportunities. I'm grateful for their partnership and continued support

Our Satisfied Customers

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Our Commitment to Our Cliets:

As a responsible Organization, WeCapital Limited is committed to making a positive impact in the communities we serve. Through initiatives such as financial literacy programs, entrepreneurship support, and community development projects, we aim to empower individuals and businesses to thrive and prosper.

Ready to take control of your financial future?

Whether you’re looking to fund your next business venture, cover unexpected expenses, or achieve your personal goals, WeCapital Limited is here to help. Contact us today to learn more about our customized loan products and how we can assist you in reaching your financial objectives.

Join the WeCapital family and experience the difference that personalized financial solutions can make in your life. Together, let’s unlock new opportunities and build a brighter tomorrow.