In today’s competitive transport and logistics sector, access to flexible and affordable bank financing can make all the difference for businesses looking to expand or upgrade their fleets. That’s why Transafrica Motors Limited, a trusted supplier of premium trucks and heavy-duty equipment across Kenya, has partnered with Stanbic Bank Kenya to make financing more accessible than ever. This collaboration is opening doors for businesses to invest in FAW trucks with manageable terms, competitive pricing, and minimal upfront costs.
A NEW ERA OF TRUCK FINANCING IN KENYA
With Kenya’s logistics sector growing steadily, more entrepreneurs and established businesses are looking for ways to optimize their fleets. However, the biggest challenge often lies in finding financing options that suit their cash flow and long-term growth objectives. This is where the Stanbic Bank financing agreement with Transafrica Motors shines.
Through this agreement, eligible customers can now access financing of up to 90% of the cost of a new FAW truck. This makes it possible for businesses of all sizes to take advantage of the benefits offered by FAW trucks, including durability, reliability, and cost efficiency.
WHY THIS PARTNERSHIP MATTERS
At its core, this agreement is about more than just trucks. It’s about empowering entrepreneurs, creating jobs, and supporting Kenya’s economic growth. Here are some of the benefits customers can expect:
UP TO 90% LOAN-TO-VALUE FINANCING
Customers can secure financing for up to 90% of the cost of a new FAW truck, making it one of the best financing options available in the market.
FLEXIBLE REPAYMENT TERMS
Customers can repay their loans for up to 60 months (5 years), making it manageable for businesses of varying sizes.
60-DAY MORATORIUM PERIOD
Customers can enjoy a grace period of up to 60 days, allowing them to put their trucks to work before making their first loan repayment.
COMPETITIVE PRICING
With an attractive interest rate of 15.5% (based on T-Bill pricing + 6.9%) and no facility fees, this agreement delivers value from day one.
INSURANCE PREMIUM FINANCING
Customers can also benefit from financing for their insurance premium, making it a seamless, all-in-one solution.
TRAINING AND SUPPORT FOR TRANSAFRICA MOTORS CUSTOMERS
In addition to making financing available, Stanbic Bank Kenya will also provide dedicated training to the Transafrica Motors sales team. This ensures that both the sales staff and customers understand the financing process, making it easy and efficient for businesses to access loans.
WHY CHOOSE TRANSAFRICA MOTORS AND STANBIC BANK KENYA?
With a strong track record and reputation for providing premium trucks, Transafrica Motors has long been a trusted partner for Kenya’s logistics and transport businesses. This new agreement with Stanbic Bank Kenya further strengthens that relationship, making it a one-stop solution for acquiring top-quality trucks and obtaining favorable financing.
For entrepreneurs in the transport sector, this collaboration means access to quality FAW trucks combined with flexible financing options that enable growth, productivity, and efficiency.
GROW YOUR BUSINESS WITH STANBIC BANK FINANCING AND TRANSAFRICA MOTORS
If you’re looking for a cost-effective, manageable, and trustworthy way to expand your transport business, now is the time to explore the benefits offered through the partnership between Transafrica Motors and Stanbic Bank Kenya.
With attractive loan terms, minimal upfront investment, and a focus on supporting Kenya’s growing transport sector, this agreement ensures that your investment in a new FAW truck is both affordable and rewarding.
Contact Transafrica Motors today and discover how you can drive your business forward with the best trucks in the market and tailored financing options from Stanbic Bank Kenya.
