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Wednesday, February 13, 2019

NIC Bank, Toyota Kenya Partner In Asset Financing Deal

    February 13, 2019   No comments

NIC Bank Partners With Toyota Kenya


NIC Bank today partnered with Toyota Kenya ,the largest motor vehicle manufacturer in the world in a deal that will see the lender's customers acquire trucks on credit basis.

In the deal agreement, NIC Bank will provide the financing while Toyota Kenya will  provide the vehicles ( Hino trucks).

Financing will be up to 80% the value of the truck and repayable within a maximum of 60 months with a 60 day grace period.

To apply a customer must identify the trucks from Toyota showrooms and then visit any NIC Bank to apply for the financing. 


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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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