Elizade JAC Autoland and Sterling Bank Partner on Flexible Auto Financing in Nigeria

Elizade JAC Autoland Limited and Sterling Bank PLC have entered a strategic partnership to provide Nigerians with access to brand new vehicles through flexible financing options. The four-year partnership seeks to address financial constraints that hinder individuals and businesses from purchasing new vehicles.

Elizade JAC Autoland's Managing Director, Demola Ado Ojo, described the collaboration as a move to enhance customer value and simplify the vehicle ownership journey in Nigeria. Sterling Bank's Vice President of Consumer Banking, David Adebayo, highlighted the scheme's benefits, including flexible repayment tenors and dedicated support throughout the purchase process.

The partnership aims to streamline the vehicle financing process, offering quick approvals and faster vehicle delivery. Head of Corporate Sales at Elizade JAC Autoland, Oluwaseun Ayanbadejo, emphasized the elimination of delays commonly associated with auto financing in Nigeria to ensure customers receive efficient solutions for their vehicle purchases.