Local contractors to access JCB heavy machinery in new financing deal

Small construction businesses and contractors across Kenya can now acquire heavy machinery with as little as a 10 per cent upfront deposit...

✨ Key Highlights

Local contractors can now acquire JCB heavy machinery with a new financing deal reducing upfront costs. Bank of Africa (BOA) Kenya and Ganatra Plant and Equipment (GPE) have partnered to offer 90 per cent financing.

Upfront deposit as low as 10 per cent.
The financing is provided by Bank of Africa (BOA) Kenya, partnering with Ganatra Plant and Equipment (GPE), the authorized seller of JCB equipment.
Repayments can be made over five years, making premium machinery accessible to smaller construction businesses in Kenya.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article

Related News

Goons Block Thika Road at Pangani, Rob Motorists

New

top1h ago

Goons Block Thika Road at Pangani, Rob Motorists

Thika Road was significantly disrupted on Friday morning when protesting youths blocked sections near Pangani and Muthaiga. The demonstration led to traffic gridlock and motorists reporting robbery attempts.

Kenyans

📰 Read Full Story

6h ago

State flags falling telcos' service quality

The Kenyan government has issued a stern warning to telecommunication companies over a decline in service quality. Some firms are reportedly nearing breaches of their licensing agreements, potentially disrupting access to essential services for citizens.

The Standard Business

📰 Read Full Story