SMEs to benefit from DTB, SIMBA Corporation partnership

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.