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Stallion Group and Access Bank Partner to Make Vehicle Ownership More Accessible in Nigeria

Published on by Sentinel Digest Editorial

Stallion Group and Access Bank Partner to Make Vehicle Ownership More Accessible in Nigeria
Stallion Group and Access Bank Partner to Make Vehicle Ownership More Accessible in Nigeria

Stallion Group has partnered with Access Bank, Nigeria's largest banking group by total assets, to offer customers up to 90% financing on vehicles through the AutoFest initiative. The partnership brings 10 exclusive automotive brands and 72 models within reach of buyers.

Stallion Group, a company with over 50 years of experience in the automotive industry, has entered into a partnership with Access Bank, part of Access Holdings and Nigeria's largest banking group by total assets, to make vehicle ownership more accessible to customers across the country. The collaboration brings together Stallion Group's established portfolio of international automotive brands, exclusive manufacturer relationships, and extensive customer support capabilities with the financial strength and reach of one of Africa's largest banking groups.

Through Access Bank's AutoFest initiative, eligible buyers can access financing covering up to 90% of their chosen vehicle's value, with a minimum 10% Equity contribution required for individual buyers and 20% to 30% for Fleet Financing. Delivery of the vehicle may be possible within 72 hours after the Equity Contribution is made, subject to credit approval and completion of all documentation. This flexible approach allows individuals and businesses to acquire vehicles without paying the full purchase price upfront.

The offering extends well beyond vehicle sales. Customers can access professional servicing, Optimised Cost of ownership, genuine spare parts, dedicated bodyshop facilities, and manufacturer warranties of up to six years on eligible vehicles. Additionally, electric vehicle battery warranties of up to eight years are available, subject to the terms and conditions set by the manufacturers. These after-sales benefits are designed to provide customers with a comprehensive ownership experience.

With 10 exclusive automotive brands and 72 models now available through the partnership, buyers have a wide range of options to choose from. The flexible repayment options extend beyond four years, giving individuals and businesses the opportunity to acquire vehicles without having to pay the full purchase price upfront. This makes car ownership more attainable for a broader segment of the Nigerian population.

The partnership combines Stallion Group's deep automotive heritage and robust after-sales infrastructure with the financial strength and nationwide reach of Access Bank, one of Africa's largest banking groups. Together, they aim to make vehicle ownership more accessible and affordable for Nigerians seeking to upgrade their transportation or expand their fleet operations.

10 Brands. 72 Models. Up to 90% Financing. Potential Delivery in 72 Hours.

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