SMEs to benefit from DTB, SIMBA Corporation partnership

Kennedy Nyakomitta (left) chats with Ameet Shroff,

Small and Medium Enterprises can now easily acquire Fuso trucks, after Diamond Trust Bank and Simba Corporation entered into a partnership, which will see the vehicles made available with 100 per cent financing under the bank’s motor vehicle financing scheme dubbed ‘Beba Leo’.

The partnership will enable SMEs acquire FUSO trucks with a flexible repayment period that enables customers to gradually pay for them without disrupting their cash flow or working capital.

According to the General Manager in charge of Asset Finance at DTB Kennedy Nyakomitta, the scheme was developed in a way that would allow the customer to cater to their most pressing needs without any capital outlay.

“This partnership cements our commitment to grow the SME sector. Our decision to bring on board Simba Corporation was inspired by our aim to empower SMEs by giving them choice. Now they can select from a bigger pool the vehicle that best meets their business needs,” said Mr. Nyakomitta.

The manager added that Beba Leo scheme will give customers an approval to collect any vehicle of their desire from across any Simba distributer in the country.

“With Beba Leo, the customer will not be required to outlay any cash to get these vehicles. They simply need an approval from DTB after which they can collect the desired vehicle from any Simba Corp distributor across the country,” said the General Manager.

Simba Corporation is the largest and sole representative for the distribution and service for a range Fuso trucks including the new FUSO FI and the popular Fuso Canter.

Speaking during the signing ceremony, Simba Corporation Chief Commercial Officer Established brands, Ameet Shroff said customers only entertain solutions best to them, which makes FUSO trucks a best choice.

“Customers want to grow their business to produce more and will only entertain solutions that will enable them to do what is best for them. Our trucks are the best in the market, and we would like all customers to have access to purchase them and have a comfortable payment period,” said Mr. Shroff.

He added that the new FUSO FI is the best in the market in its category, with exceptional fuel consumption and a 4-year warranty.

The SMES will be evaluated on the basis of their financial track record and cash flows on their ability to pay.

Customers will, in addition, receive one-year free Comprehensive insurance cover and enjoy aftersales service from the Simba Corporation outlets across the country.

Apart from the high quality service, they will also be assured of genuine parts from the organisation.


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