In Brief

NCBA and CFAO Motors team up for vehicle financing

NCBA and CFAO Motors Kenya have entered into a partnership, enabling customers to secure up to 100% financing for the acquisition of new or pre-owned vehicles.

Both SMEs and large enterprises will benefit from a 90-day repayment holiday and a flexible 72-month repayment plan. This arrangement also extends to PSV owners and schools, who will receive competitive rates on the Hiace brand, while Tour Operators will experience enhancements on the Land Cruiser 70 series.

“Given the current economic challenges, Kenyans have had to readjust their priorities, and that is why, at NCBA, we are constantly seeking strategic partnerships that will make vehicle ownership more convenient and affordable for all,” remarked NCBA Director of Asset Finance, Lennox Mugambi.

CFAO Motor Kenya General Manager – Vehicle Sales, Mr. Daniel Maundu, noted that the company has a key role to play in creating the necessary enablers that will result in easy access to various motor vehicle brands across the country.

Customers seeking financing from NCBA will be able to conveniently request through the NCBA online application portal with a record 24-hour turnaround time.

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