Equity bank has partnered with Toyota Kenya to finance businesses and individuals keen to expand their businesses.
Speaking at the launch ceremony, Equity Bank Kenya Managing Director, Polycarp Igathe said the Bank is excited to be partnering with Toyota, one of the biggest automobile companies globally, to provide the much-needed financing to businesses and individuals who often experience financial challenges when trying to reach their targets.
Igathe noted that the partnership will help easy access to finance in an effort to promote and expand businesses.
“We share a common goal with Toyota which is to empower SMEs and those in the agribusiness value chain from farmers to processors. This partnership will go a long way to enable easier and more convenient access to finance. We are always looking for ways to add value and provide affordable and flexible financing solutions to our customers and Kenyans,” said Igathe.
Toyota Kenya Managing Director Arvinder Reel said that the Toyota Hillux has for years attracted customers in Kenya.
“The financing partnership with Equity Bank marks a special moment for us as we celebrate 50 years of Toyota Hilux, a vehicle that has over the years been known as one with an untouched legacy and unrivaled toughness. It is in this spirit that we continue offering customers easier options to purchase top quality, durable and reliable vehicles,” he said.
Customers who purchase the Hilux single cab vehicle under the partnership terms also have an opportunity to choose between a 1-year free maintenance service from Toyota or 1-year comprehensive insurance from a reputable underwriter, as part of the deal.