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Equity and Simba Corp sign financing deal

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Equity Bank will be offer up to 95% financing for the purchase of FUSO trucks and buses in a partnership signed with Simba Corp. Clients will also receive insurance premium financing.

Speaking during the signing on Tuesday Simba Corp Executive Director Dinesh Kotecha said.

“Both Simba Corp and Equity Bank share common core values, are both indigenous Kenyan companies and I believe that this partnership will not only broaden but strengthen both companies.” Mr Dinesh Kotecha added.

Equity Bank Chief Operating Officer, Dr Julius Kipng’etich said the partnership will enable the bank to provide its customers with access to vehicles and tools that they require to cultivate and nurture their businesses.

READ ALSO: GLOBAL DEADLINE FOR DIGITAL MIGRATION

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BUSINESS TODAY -

editor [at] businesstoday.co.ke

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