Sterling Bank, Coscharis Motors Partners On E-Commerce Transactions

Sterling Bank, Coscharis Motors Partners On E-Commerce Transactions
Sterling Bank, Coscharis Motors Partners On E-Commerce Transactions

Sterling Bank Plc and Coscharis Motors are set to ease the road to ownership via e-commerce transactions which can be self-funded or financed by the bank.

In his message to its customers, the General Manager, Marketing and Corporate Communications, Coscharis Group, Abiona Babarinde, has said that idea is to provide customers with an online retail market place.

“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.” he said

“Our main objective to this partnership  is to provide customers an e-commerce platform with a credible Financial Institution like Sterling Bank as an extension of its showrooms where they can access a robust brand portfolio, which includes iconic brands like Ford, Renault, BMW, Jaguar and Land Rover at a go on one hand.

“On the other hand, the collaboration 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.

Mr. Babarinde also stated  that the focus is to deliver customer satisfaction given the bank’s friendly interest rate, ease of accessibility, quick turnaround time for credit processing at the bank and availability of myriads auto brands.

“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” he added.

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The scheme will allow a repayment pattern spread over five years with the option of a 15 per cent to 30 per cent down payment.