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JCB Finance available for South African customers

JCB has now set up a finance programme for customers in South Africa. The firm has formed a strategic alliance with ABSA Bank, acting through its Vehicle & Asset Finance division (ABSA) under the trading name of JCB Finance in South Africa. The new JCB Finance facility will be available to all of JCB’s dealers in South Africa. David Dolbear, general manager Financial Solutions Africa at JCB said, “The introduction of JCB Finance to the South African market will help us to deliver innovative financial so
January 6, 2016 Read time: 2 mins
JCB wheeled loader
JCB customers in South Africa will be able to purchase machines through finance packages
255 JCB has now set up a finance programme for customers in South Africa. The firm has formed a strategic alliance with ABSA Bank, acting through its Vehicle & Asset Finance division (ABSA) under the trading name of JCB Finance in South Africa. The new JCB Finance facility will be available to all of JCB’s dealers in South Africa.

David Dolbear, general manager Financial Solutions Africa at JCB said, “The introduction of JCB Finance to the South African market will help us to deliver innovative financial solutions to the construction market.

“Making sure our customers and dealers have access to a complete range of flexible finance products at the most competitive rates underpinned by excellent customer service will help to drive our growth plans.”

Ian Barnard, Sales Director of JCB Africa said, “JCB Finance has a key role to play in the development of JCB equipment sales in South Africa in the years ahead. We have already seen real benefits from the ABSA partnership with as many as 50% of our customers taking advantage of the special finance packages we are now offering in the South African market to acquire new JCB equipment. JCB Finance equips our dealers with a finance proposition for all business sectors.”

Wessel Steffens, Managing Executive of ABSA Vehicle and Asset Finance division said, “ABSA is delighted to announce the strategic alliance with JCB as it supports our vision to become the ‘Go-To’ bank for vehicle and asset finance.”

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