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I&M Bank Uganda offers loans for pick-up trucks and tractors

By , based on Nile Post

Map: Uganda

I&M Bank Uganda is expanding its asset-financing offer to help businesses acquire pick-up trucks and tractors without tying up their cash immediately. According to the bank, the stated monthly instalments are 4.6 million Ugandan shillings for a new pick-up truck and 2.3 million for a tractor, as part of a programme launched in Jinja.

I&M Bank Uganda has launched a new phase of its asset-financing programme, with loans enabling businesses to acquire new pick-up trucks from 4.6 million Ugandan shillings a month and new tractors from 2.3 million, Nile Post reports. The bank presented the offer in Jinja at an event chaired by its managing director, Robin Bairstow.

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