BUSINESS

KCB Bank, Deluxe Trucks Ink ***et Financing Deal

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KCB Deluxe Trucks
KCB Bank Director of Corporate Banking Esther Waititu and Deluxe Trucks & Buses E.A. Managing Director, Mr. Ameet Shroff sign a partnership agreement that will see customers enjoy up to 95% asset financing deal with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday. [Photo/ Courtesy]
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KCB custo**** w*** now be able to access flexible financing options in a deal with Deluxe Trucks & Buses East Africa Ltd. The partnership announced today, w*** see custo**** enjoy up to 95% funding with an extended repayment period of 72 months as well as a comfortable 60-day payment **liday.

In addition, custo**** w*** have the privilege to access an embedded tracking and insurance package and access to unsecured working capital of up to 3 m***ion among other bank products available at the bank.

Also catered for are KCB SAHL Banking custo**** w** under the Shariah-compliant banking model, w*** be able to purchase trucks from Deluxe Trucks & Buses at affordable rates.

Speaking d****g the event, KCB Bank Director of Corporate Banking, Esther Wai***u noted that the arrangement is in line with the Bank’s vision to leverage partnerships that seek to provide value to its custo****. “We are delighted to partner with Deluxe Trucks & Buses as is a reflection of our commitment to supporting key custo**** to derive value from their long-standing loyalty,” Wai***u said.

On his part, Deluxe Trucks & Buses E.A. Managing Director, Mr. Ameet Shroff said: “The partnership targets individuals, Small Medium Size companies, and large commercial businesses for flexible financing of up to 95% of the vehicle cost. Delivering uptime to custo**** is our key objective and we w*** ensure that our custo**** are continuously served with complete satisfaction.”

Deluxe Trucks & Buses E.A. Ltd, which is a w**lly owned subsidiary of Simba Corp, was appointed the sole aut**rized distributor of the full range of As**k Leyland brand of trucks and buses. The vehicles are locally ***embled at ***ociated Vehicle ***emblers (AVA) which is also owned by Simba Corp. The firm recently opened a modern sales, service equipment center at Xylon Complex, located along ICD Road, Off Mombasa Road, Nairobi,, in a move that w*** ensure that custo**** get access to specialized services post-purchase, given the rising demand for vehicles used by SMEs and MSMEs.

Read: KCB Splashes Ksh100 Million As WRC Safari Rally Revs Off

>>> Deluxe Motors, Bank Of Baroda Sign Asset Finance Deal

Written by
BT Reporter -

editor [at] businesstoday.co.ke

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