MR Truck Licence: Dr...
Trucks - Commercial Vehicles
In Kenya, several financial institutions and partnerships offer financing options for trucks and buses. These services are tailored to both individual and business needs, focusing on the acquisition of new or used vehicles, as well as equipment for commercial use.
Truck Financing
1. KCB Bank offers comprehensive asset-based finance solutions, including the ability to finance commercial vehicles like trucks and buses. The bank helps customers with financing up to 95% of the vehicle's value, offering flexible repayment terms.
2. **Family Bank**, in partnership with Simba Corporation, provides financing for trucks through their asset finance services. The bank offers up to 100% financing for SMEs, especially in sectors like trade and logistics.
3. **Gulf African Bank** collaborates with Toyota Kenya to offer financing for trucks like Hino and buses, providing up to 90% financing with a repayment period of 6 years.
Bus Manufacturing
In Kenya, several manufacturers are involved in the production of buses, particularly targeting the local public transport sector:
1. *Isuzu East Africa* is one of the leading manufacturers of buses and other commercial vehicles in Kenya. They produce a variety of vehicles suited for the local market, including buses used in public and private transportation.
2. **Simba Corporation** also partners with vehicle distributors like Mitsubishi and Mahindra, offering buses alongside other commercial vehicles.
These manufacturers and financial institutions contribute significantly to the local transport and logistics sectors by offering affordable financing for businesses looking to acquire vehicles for operations. To more information
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