Small and medium sized businesses can buy passenger vehicles, tractors and generators from Simba Corporation with up to 95 per cent financing from Family bank.
The deal which also targets individuals, will see businesses access credit with a flexible repayment period and free vehicle tracking from Simba’s subsidiary Africa Fleet Management Solutions. Schools will get 100 per cent financing and a free generator for each bus purchase.
“Our customers will also have free comprehensive insurance for the first year of ownership with the purchase of commercial and/or passenger vehicles,’’ Family Bank Retail Director Mr David Thuku said.
Speaking during the unveiling of the new partnership, Simba Corp’s Executive Director, Dinesh Kotecha said the alliance is designed to offer the best value for the customer, allowing them to take up the products that are being offered and effectively ‘sign and drive’.
PARTNERSHIP
Simba Corp’s Motors business best known for its Mitsubishi passenger cars, FUSO trucks and buses will make it easier and more affordable for both its own and Family Bank’s clientele to purchase the vehicles.
“This strategic partnership spells out favourable and hassle free terms and conditions for our customers. We have embarked on this strategic partnership with like-minded partners to enable our respective customers to get maximum value for their hard-earned money”, said Kotecha.
This partnership is the latest in a series of collaborations that Simba Corporation has entered into in a bid to bolster its position in the market.
The company recently announced its partnership with Vivo Energy Kenya, the sole distributor and marketer of Shell-branded fuels and lubricants in a deal that will enable Vivo Energy to access tailor-made vehicle leasing solutions from Simba Corp.
By OTIATO GUGUYU
