NCBA Bank and Car & General have partnered to provide affordable equipment financing for SMEs, allowing businesses to access up to 90% financing with repayment periods of up to 60 months.

• Financing includes a 60-day grace period post-delivery.
• Lennox Mugambi, NCBA Group Director of Asset Finance and Business Solutions, emphasized the initiative's focus on improving access to modern machinery.
• Despite challenges in the construction sector, with a drop in cement production from 9.19 million tonnes to 8.5 million tonnes, there’s increased investor confidence indicated by approved building plans worth Sh221.6 billion in Nairobi.