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.”
Finance & Funding

For more information on companies in this article

JCB

Related Content

  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • JCB invests in engine production
    March 2, 2012
    JCB has announced plans for a new €36 million engine development project in the UK. This investment will create around 350 jobs shared between its factories in the Midlands and Wales.
    Read More
  • JCB’s Devine intervention on fuel costs
    December 3, 2013
    A leading UK civil engineering firm has hailed the fuel efficiency of JCB’s new tier 4i tracked excavators. Surrey-based J Devine Group has just purchased three JS130 models and is already impressed by the machines’ fuel efficiency and reliability on its housebuilding projects.
    Read More
  • JCB wins US$56.8million of new orders
    July 20, 2012
    JCB has secured an order for 550 machines worth £16 million from A-Plant, one of the UK’s leading rental firms. The order is part of a phased investment programme which has seen the plant hirer buy a total of 1,089 JCB machines in the last nine months. The latest order includes more than 400 mini and midi excavators, including 50 JCB 8085 eco midi excavators, said to be 27% more productive and more than 20% more fuel efficient than the model it replaced. The deal also includes Loadall telescopic handlers
    Read More

Highlighted Content