

A logbook loan is a form of secured lending in Uganda and is the most common modern example of a security bill of sale. As a borrower, you will be required to submit or transfer ownership of the car, van, or motorcycle to Goldmine Finance, a logbook lender as security for a loan.
Logbook loans are loans secured on your vehicle, so we safely keep your logbook until you pay back the loan. You can keep on using your vehicle as long as you repay the loan.
We can finance up to 50 percent of the value of the vehicle subject to valuation and perfection of security.
The Goldmine Finance logbook loan product aims to give individuals and businesses access to quick financing to enable them to meet their emergency needs for immediate cash in Uganda. You can borrow cash against an owned vehicle provided it’s not under any finance.
• Access to quick financing against the car value
• Repayment cycle based on customer’s income cycle
• Loan application feedback in only 12 hours
• Having to enjoy your car as you pay back the loan
• You’re over 18 years of age.
• You’re the owner of the vehicle.
• You have your name on the logbook.
• You have no outstanding finance on the car.
• The car has no outstanding tax obligations.
• The car is roadworthy and in reasonable condition.
When you take out a logbook loan, you’ll usually be asked to hand over your vehicle’s logbook or vehicle registration document and take your cash. These documents prove you’re the registered keeper of the vehicle
Logbook loans are available at Goldmine Finance. We mostly lend up to half of your vehicle’s value.
You’ll be given information that explains the key facts about the agreement, such as the length of the term and how much your repayments are, as well as details about how our officers will interact with you and your responsibilities as a borrower.
For Goldmine Finance’s logbook loan, you will be offered a quick cash service.
Once your application is received by Car Cash Point, one of our experienced team will contact you to go through your details on the phone to ensure you can afford to repay the loan.
They will answer any questions, agree on the loan with you and then arrange for one of our specialist representatives out to visit you in the comfort of your home or office.
They will check the vehicle and help you complete the paperwork. Once the application is completed, you will receive your cash the same day.
• 2 passport photos
• Original Logbook in your names (Customer)
• Latest utility bill in Customer’s names as proof of residence.
• National I.D / Passport / Driving permit
• We will carry out the following to ascertain and secure the value and ownership of the motor vehicle;
1) Search at URA for ownership, encumbrances, and tax liabilities
2) Valuation of the vehicle using professionals
3) Place a caveat on the Logbook in favor of Goldmine Finance through URA.
Most logbook loans run-up to a year, although you’re entitled to pay it off earlier if you want (and if you can afford to do so).
In the final month, you’ll be expected to complete repayment of all the amount of money you originally borrowed.
This means you’ll need a plan for how you’ll repay this loan at the end of the agreement.
It’s important to make sure you understand how the agreement operates and you can afford the repayments.
Whether you require logbook loans in North Uganda, credit in central Uganda, to borrow money in East Uganda or a loan against your car in West Uganda our loans officers are always ready to attend to you.
The online service is ideal! So, if you’re asking “is there a logbook loan company near me?”, the answer is always yes with Goldmine Finance!
Logbook loans in Uganda are exceptionally popular and we have a huge amount of experience helping people throughout the country. Get your logbook loan in Uganda today at Goldmine Finance & meet your financial obligations with ease.
Our Logbook loan is a credit facility that will help you to access cash against the logbook of our customer’s motor vehicle.
This solution is available to individuals with a logbook for a motor vehicle registered in their names.
Anyone with a steady and evident source of income, and has a car with its logbook registered in his or her name can qualify for this loan facility.