Isuzu is one of the most recognizable motor vehicle brands on Kenyan roads.
Cooperative Bank of Kenya has renewed the special Motor Vehicle Purchase Schemes with vehicle dealers, Isuzu East Africa Ltd and Simba Corporation Group, to enable Micro, Small and Medium Enterprises (MSMEs) acquire the vehicles they need at highly negotiated terms.
The facility which makes it affordable to buy vehicle has highly negotiated terms, with the bank financing up to 95 per cent of the purchase price.
“As partners, we had to renew this joint scheme due to its huge popularity among SMEs, who have told us the scheme is currently the most affordable means of acquiring a wide selection of vehicles such as the popular Isuzu TFR and Mitsubishi Fuso, for their various transport needs,” Head of Business Banking, Co-operative Bank, Mr. Moses Gitau said
Additionally, the bank has made it easy for its clients to weather the storm brough by the Covid-19 pandemic by making available a Sh500,000 working capital facility to support their businesses. The loan has one of the longest re-payment periods in the market – 5 years, and further has a 60 days’ grace period and a negotiated motor vehicle insurance cover.
Vehicle models under the Special Scheme for Isuzu are Pickups – TFS & TFR series, Isuzu N-series Models – NHR, NKR, NQR, NPR; Isuzu F-Series models – FRR, FSR.
Simba Colt are offering Mitsubishi Canter FE 71, 84, 85CG, 85CH, Mitsubishi Trucks and Mitsubishi Pickups.
SMEs and other business customers are invited to apply for this special motor vehicle purchase scheme at any of the 155 branches of Co-operative Bank countrywide, or Isuzu East Africa dealers and Simba Colt dealers to access the offer.
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