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Co-op Bank offers 95% financing for Isuzu trucks, Sh500, 000 working capital for customers

September 2, 2020
in Business, News
Reading Time: 1 min read
Co-op Bank offers 95% financing for Isuzu trucks, Sh500, 000 working capital for customers
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Co-operative Bank of Kenya has offered 95 per cent financing for customers who want to acquire trucks for their businesses.

In the new arrangement with Isuzu East Africa, Co-operative Bank is calling on customers to take advantage of the opportunity.

“This special scheme make the process of buying Isuzu trucks affordable, with the banking financing up to 95 per cent of the purchase price for Isuzu NKR and Isuzu FRR models,” Co-op Bank said.

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On top of it, customers can apply up to Sh500, 000 to start their businesses.

“In addition, customers can apply for a Ksh 500,000 working capital facility to support their businesses especially at this difficult Covid-19 season,” the bank said.

The customers will have up to five years to repay the loans.

“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,” it added.

To learn more about the facilities, click here. 

 

Tags: cO-OPERATIVE bankIsuzu East Africa
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