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Coscharis Motors Partner Sterling Bank to Facilitate Vehicle Financing



Coscharis Motors has announced its partnership with Sterling Bank Plc to onboard its vehicles on the bank’s non-Interest banking platform- AltDrive.

In a statement issued by the company, the objective is to ease the road to ownership via e-commerce transactions which can be self-funded or financed by the bank.

The General Manager, Marketing and Corporate Communications, Coscharis Group, Abiona Babarinde, said the idea is to provide customers an online retail marketplace that gives customers a one-stop boutique to access and purchase any vehicular brand sold by Coscharis Motors either through self-funding or credit finance from Sterling Bank.

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“On the other hand, the partnership offers a vehicle finance scheme, which is aimed at empowering retail and fleet buyers to purchase their choice vehicles from any Coscharis Motors outlet nationwide through a repayment plan with Sterling Bank, ” he said.

He further said, “We took this strategic decision earlier in the year to collaborate with relevant stakeholder partners to be able to give our numerous discerning customers and prospects alike the soft landing of owning any of our vehicles with ease in terms of providing friendly financial schemes.”

The brands included in the scheme are Ford, Renault, BMW, Jaguar and Land Rover.

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