Elizade JAC, Sterling Bank Launch Auto Financing Partnership
Elizade JAC Autoland Limited has partnered with Sterling Bank Plc to offer Nigerians flexible vehicle financing options, with repayment plans stretching up to four years. This partnership combines Sterling Bank’s financial expertise with Elizade JAC’s automotive portfolio and service experience, making vehicle ownership more accessible.
The collaboration aims to ease the vehicle acquisition process for individuals, employees, and small and medium-scale enterprises . According to Demola Ade-Ojo, Managing Director of Elizade JAC Autoland Limited, the collaboration will ease the vehicle acquisition process.
Customers can select vehicles from JAC Motors showrooms, obtain a proforma invoice, and submit it to Sterling Bank to access financing. The financing package allows repayment over a period of up to four years, with provisions for customers who wish to upgrade their vehicles within months of purchase.
The scheme is designed to benefit individuals, employees, and small and medium-scale enterprises. Existing Sterling Bank customers will benefit from a streamlined process, as pre-approved facility limits are already in place, allowing for minimal evaluation. Additionally, Sterling Bank customers will receive a 10% discount on vehicles purchased through the scheme . #Elizade JAC, Sterling Bank Launch Auto Financing Partnership#
