Renault Trucks‎ Middle East has introduced a flexible ‎financing programme in the Middle East in a bid to support the region’s ‎industry demands.

The flexible finance programme is set to support construction businesses as the industry grows with heavy government investment and diversified market drivers such as a ‎growing population, infrastructure development and an increase in tourism, ‎triggering the boom.

The new finance programme will assist ‎businesses to manage projects without strain on their budgets, according to Henrik Larsson, sales finance advisor for Renault Trucks Middle East.

“There is growth in the regional market ‎leading to an increase in the demand for trucks, and as a truck manufacturer, we will actively provide enhanced solutions for our customers,” said Larsson.

“Our flexible financing allows our customers to gain access to some of our top ‎products, including our newly launched range of trucks, whilst choosing a suitable ‎financial option which suits their capabilities.

“This scheme allows us to bring our customer service to a new level and assist them in choosing products depending on their specific needs and financial capabilities. Our role is as an advisor to help them make the best possible choice.”

Renault Trucks works with a large network of regional and ‎international banks which deals through a range of currencies including US dollars, euro and Swedish krona, allowing regional business’ greater financing options.

With financing typically up to five years, which can be tailored specifically to a business’ needs, the scheme provides a number of payment options designed to reduce payments or initial down payments, to build equity, and fixed rates for enhanced finance control.

“We understand our customers’ financial needs and offer them the ‎most competitive rates on the market, competing with some of the biggest banks in the region ‎and leaving our customers credit ratings unaltered. We also offer an Islamic ‎financing option and a range of rate structures that give our customers a flexible ‎and comfortable repayment schedule,” Larsson said.

The French truck manufacturer launched its new C, K and D range in November 2014 in the region.

Renault Trucks in the Middle East has a strong dealer network in 13 countries with a number of expansion plans in the pipeline. – TradeArabia News Service