Skip to main content

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 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.”

For more information on companies in this article

Related Content

  • JCB starts production of Project 710, its Hydradig 10tonne machine
    July 7, 2016
    JCB has started full production of its new Hydradig after the machine made its international debut at the equipment trade fair bauma in Munich in April. JCB says it has already received hundreds of orders for the new 10tonne machine which is being manufactured at the JCB Heavy Products plant in Uttoxeter, Staffordshire, England. Around 85 people have been recruited for the production process, including engineers, welders and assembly line employees. The JCB Hydradig was developed in complete secrecy o
  • JCB North America has new chief after John Patterson CBE retires
    January 7, 2014
    JCB’s John Patterson CBE, who rose through the ranks from field service engineer to Group chief executive, has retired after 43 years’ service. Arjun Mirdha is the new president and CEO of JCB in North America, where Patterson had led operations as chairman and CEO since 2008. After joining JCB in 1971, Patterson went on to work in Canada and America before returning to the UK in 1988 as managing director of JCB Service. In 1993, he was appointed managing director of JCB Sales before becoming Group CEO –
  • JCB unveils new six cylinder JCB Dieselmax 672 engine
    June 7, 2013
    JCB has announced plans to start production of six-cylinder engines with the addition of the JCB Dieselmax 672 to its world renowned engine line-up. In just over eight years JCB has gone from a new entrant to engine manufacturing to a major global producer with a reputation for fuel efficiency and innovation. The first engine rolled off the production line in the UK in November 2004 and since then production has also extended to JCB India’s HQ at Ballabgarh, where the first engine was manufactured in 2011.
  • JCB’s historic fleet deal
    December 4, 2013
    JCB has won one of the biggest single orders in its history after securing a deal for 900 machines worth more than €61 million (£53 million) from leading UK plant hirer Fork Rent. The deal for Loadall telescopic handlers cements Ipswich, eastern England-based Fork Rent’s position as the UK’s biggest hirer of the product and with the most modern fleet of this type of machine. The machines are manufactured at JCB's World HQ at Rocester, Staffordshire, central England, and all are to be delivered before the en