NCBA, DT Dobie sign Asset Financing Deal

Motor vehicle dealer DT Dobie and NCBA Bank have entered into a partnership that will pave the way for an attractive asset finance proposition for customers intending to purchase the VW Polo Vivo.

The partnership will see customers benefit from up to 95% financing from NCBA and free fuel for one year from DT Dobie.

In a bid to ease the financial burden for individuals and corporates during this pandemic customers will also enjoy up to 60 months repayment period and, through its bancassurance arm in collaboration with Heritage, will offer a 15% cash back on the annual insurance premium, subject to a satisfactory driver behaviour score.

Speaking during the unveiling of the partnership, NCBA Group Director, Asset Finance and Business Solutions, Alan Dodd stated that the partnership is designed to offer the ‘best value’ for the customer.

“We are excited with this new partnership because it delivers favourable terms for customers to access finance, while at the same time fulfilling our desire to deliver real value to our customers. We are constantly seeking such strategic partnerships to ensure we provide life changing initiatives at an affordable price”, said Alan.

DT Dobie Director Business Development Matt Olivier, commented,“The locally assembled compact four door saloon has a 1.6 litre 16 valve fuel efficient engine. The long list of safety equipment includes Anti-locking Brake System (ABS), Electronic Brake Pressure Distribution (EBD), stability control and childproof locks on rear doors. To further spice the deal, DT Dobie is also offering customers one year free fuel.”

For convenience customers seeking financing from NCBA will be able to apply online through the asset financing online application portal with a record one day turnaround time.

The partnership comes at a time most individuals, businesses and corporates have been hard hit by the pandemic, and the availability of this innovative product will be a boost in managing  cash flows, as they seek to recover.