Isuzu’s truck rental program creates space for small and medium businesses
By Khulekani On Wheels / on November 22nd, 2022 / in Car News, featuredStaff Reporter
Isuzu Motors South Africa’s Ready To Work line-up of commercial medium and heavyweight trucks is making the purchase of commercial vehicles more affordable for entrepreneurs and small company owners in an effort to encourage more of them to become active participants in the economy.
The option of a leasing agreement off their balance sheet, which allows it to be written off as a monthly expense rather than an asset on their books, is available to small to medium firms who are well established with a proven track record and pass a revamped credit check procedure.
Said Craig Uren, Isuzu Senior Vice President SACU Revenue Generation, “Isuzu’s Ready To Work portfolio of commercial vehicles showcases pre-built trucks, with their applications, so business owners are able to generate revenue almost immediately. Coupled to our unique rental offer, this represents a game-changing moment for access into the trucking economy for small businesses.”
The rental truck program, created in collaboration with Isuzu Finance, offers peace of mind because ownership remains with the bank. Qualifying small businesses pay a monthly rate based on the truck they choose, their application, and the length of the rental. A minimum of 36 months and a maximum of 60 months are available to businesses.
“Falling outside of the National Credit Act, this is an option that really has the customer in mind. Small businesses seldom have the capital outlay to buy and own assets like trucks, so this allows them to focus on their business instead of worrying about how to purchase a truck,” says Marcois van Staden, Head: ISUZU Finance.
Customers can undergo a different credit check procedure focused on a company’s contracts and income sources through the Isuzu Truck Rental Programme.