Meridian Acceptance Limited

Meridian Acceptance Limited is an asset refinancing company offering micro loans secured on motor vehicle logbooks. They best serve clients who require urgent funding for such emergent needs as completing a business transaction, covering a medical emergency or even paying school fees

You can get a loan from Meridian on your motor vehicle log book in just 24 hours.

Apply for a car logbook loan

The amount you can borrow from Meridian is 20,000 to 300,000 kshs or upto 25% the value of your vehicle at 5% per month and the processing fee is 2000 kshs.

Requirements of getting a loan from Meridian

  • personal or business bank statements for last 6 months
  • copy of national ID
  • copy of the pin of the registered owner of the vehicle
  • copy of motor vehicle record with Kenya Revenue authority
  • Latest utility bill
  • A cheque book account
  • Motor vehicle log book
  • Motor vehicle valuation and photo graph
  • 2 blank but signed motor vehicle transfer forms
  • Execution of chattels mortgage
  • 2 passport photos
  • Document to show proof of insurance

Those employed will also need pay slips for the last three months or ccopies of employment contact.

Apply for a logbook loan from Meridian Acceptance