{"id":422,"date":"2020-09-09T13:20:16","date_gmt":"2020-09-09T10:20:16","guid":{"rendered":"https:\/\/www.ghafla.com\/sponsored\/?p=422"},"modified":"2020-09-09T13:20:16","modified_gmt":"2020-09-09T10:20:16","slug":"co-op-bank-partners-with-isuzu-and-simba-colt-to-stir-the-motoring-industry-with-an-incredible-95-vehicle-financing-scheme","status":"publish","type":"post","link":"https:\/\/www.ghafla.co.ke\/sponsored\/co-op-bank-partners-with-isuzu-and-simba-colt-to-stir-the-motoring-industry-with-an-incredible-95-vehicle-financing-scheme\/","title":{"rendered":"Co-op Bank partners with Isuzu and Simba Colt to stir the motoring industry with an incredible 95% vehicle financing scheme"},"content":{"rendered":"<p>Co-operative Bank has renewed for the fifth year running the special Motor Vehicle Purchase Schemes established with major motor vehicle dealers, Isuzu East Africa Ltd and Simba Corporation Group, to enable Micro, Small and Medium Enterprises (MSMEs) acquire the vehicles they need at highly negotiated terms.<\/p>\n<p>This special scheme makes the process of buying vehicles most affordable, with the bank financing up to 95 per cent of the purchase price.<\/p>\n<figure id=\"attachment_424\" aria-describedby=\"caption-attachment-424\" style=\"width: 1020px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/fuso-fn.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-424 size-full\" src=\"https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/fuso-fn.jpg\" alt=\"The Fuso FN \" width=\"1020\" height=\"560\" srcset=\"https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/fuso-fn.jpg 1020w, https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/fuso-fn-300x165.jpg 300w, https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/fuso-fn-768x422.jpg 768w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/><\/a><figcaption id=\"caption-attachment-424\" class=\"wp-caption-text\">The Fuso FN<\/figcaption><\/figure>\n<p>Related:\u00a0<a href=\"https:\/\/www.ghafla.co.ke\/sponsored\/all-you-need-to-know-about-co-op-banks-apis-and-its-positive-impact-in-customer-service-delivery\/\">https:\/\/www.ghafla.co.ke\/sponsored\/all-you-need-to-know-about-co-op-banks-apis-and-its-positive-impact-in-customer-service-delivery\/<\/a><\/p>\n<p>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 loan has one of the longest re-payment periods in the market &#8211; 5 years, and further has a 60 days\u2019 grace period and a negotiated motor vehicle insurance cover.<\/p>\n<p>Head of Business Banking, Co-operative Bank, Mr. Moses Gitau said:<\/p>\n<p><em>\u201cAs partners, we had to renew this joint scheme due to its huge popularity among SMEs, who have told us the scheme is currently the most affordable means of acquiring a wide selection of vehicles such as the popular Isuzu TFR and Mitsubishi Fuso, for their various transport needs.\u201d<\/em><\/p>\n<figure id=\"attachment_425\" aria-describedby=\"caption-attachment-425\" style=\"width: 620px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/1549_mitsubishi-l200-il-nuovo-sut.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-425 size-full\" src=\"https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/1549_mitsubishi-l200-il-nuovo-sut.jpg\" alt=\"The Mitsubishi L200 SUT Truck\" width=\"620\" height=\"350\" srcset=\"https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/1549_mitsubishi-l200-il-nuovo-sut.jpg 620w, https:\/\/www.ghafla.co.ke\/sponsored\/wp-content\/uploads\/sites\/16\/2020\/09\/1549_mitsubishi-l200-il-nuovo-sut-300x169.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><figcaption id=\"caption-attachment-425\" class=\"wp-caption-text\">The Mitsubishi L200 SUT Truck<\/figcaption><\/figure>\n<p>Vehicle models under the Special Scheme for Isuzu are Pickups &#8211; TFS &amp; TFR series, Isuzu N-series Models &#8211; NHR, NKR, NQR, NPR; Isuzu F-Series models &#8211; FRR, FSR.<\/p>\n<p>Simba Colt are offering Mitsubishi Canter FE 71, 84, 85CG, 85CH, Mitsubishi Trucks and Mitsubishi Pickups.<\/p>\n<p>SMEs and other business customers are invited to apply for this special motor vehicle purchase scheme at any of the 155 branches of Co-operative Bank countrywide, or Isuzu East Africa dealers and Simba Colt dealers to access the offer.<\/p>\n<p><strong>Check Out:\u00a0<a href=\"https:\/\/www.ghafla.co.ke\/sponsored\/how-the-modern-kids-indifference-to-the-one-shilling-coin-shows-the-gradual-shift-to-a-cashless-money-future\/\">https:\/\/www.ghafla.co.ke\/sponsored\/how-the-modern-kids-indifference-to-the-one-shilling-coin-shows-the-gradual-shift-to-a-cashless-money-future\/<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Co-operative Bank has renewed for the fifth year running the special Motor Vehicle Purchase Schemes established with major motor vehicle dealers, Isuzu East Africa Ltd and Simba Corporation Group, to enable Micro, Small and Medium Enterprises (MSMEs) acquire the vehicles they need at highly negotiated terms. This special scheme makes the process of buying vehicles [&hellip;]<\/p>\n","protected":false},"author":6067,"featured_media":423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[731,730,733,729,732,728],"class_list":["post-422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sponsored","tag-coop-bank-head-of-business-banking","tag-coop-bank-vehicle-finance-scheme","tag-head-of-business-coop-news","tag-isuzu","tag-moses-gitau","tag-simba-colt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Co-op Bank partners with Isuzu and Simba Colt to stir the motoring industry with an incredible 95% vehicle financing scheme - Ghafla! 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