Co-op bank dangles a new financing deal to SMEs

Co-operative Bank of Kenya has offered up to 95 per cent financing for the purchase of Isuzu vehicles. This is as it moves to address the challenges of asset financing by small and medium enterprises (SMEs).

The partnership between the lender and Isuzu East Africa will see customers enjoy Sh300,000 working capital to empower their business with the repayment period of five years or 60 months. Borrowers will also enjoy a 60-day repayment holiday.