Elizade JAC Autoland Limited has partnered with Sterling Bank Plc to provide Nigerians with easier access to brand-new vehicles through structured, flexible financing plans of up to four years. The partnership aims to remove long-standing barriers to vehicle ownership for individuals and businesses across the country.
The collaboration was officially unveiled at Elizade JAC Autoland headquarters in Lagos, in response to rising demand for affordable mobility solutions. Under the agreement, customers can access tailored auto financing, flexible repayment schedules, and dedicated support throughout the vehicle purchase process and post-purchase services.
Brandspur Banking News Desk reports that this partnership combines Sterling Bank’s financial expertise with Elizade JAC’s automotive experience to create a seamless vehicle acquisition journey. Customers, including individuals, staff, and SMEs, will benefit from simplified processes, pre-approved limits, and faster vehicle delivery, eliminating delays typically associated with auto financing in Nigeria.
Managing Director of Elizade JAC Autoland, Demola Ade-Ojo, said the initiative strengthens customer value and makes vehicle ownership more accessible. “Our goal has always been to make quality vehicle ownership accessible and rewarding. Today’s partnership brings that goal closer to reality,” he stated. Ade-Ojo emphasised that the programme offers structured financing solutions, flexible repayment tenors, and dedicated support from both organisations.
Sterling Bank Vice President of Consumer Banking, David Adebayo, highlighted that the scheme aligns with the bank’s HEART strategy, which focuses on health, education, agriculture, renewable energy, and transportation. “Transportation is critical to economic productivity, and collaboration across industries is essential. This partnership delivers reliable vehicles while removing traditional financing bottlenecks,” he said.
Eligible customers can view vehicles, request proforma invoices, and submit documentation to Sterling Bank. Existing bank clients will enjoy a 10 per cent discount on all vehicles, while pre-approved financing ensures faster processing and delivery.
Oluwaseun Ayanbadejo, Head of Corporate Sales at Elizade JAC, explained that the programme is designed to reduce delays in vehicle acquisition. “Our goal is to ensure customers receive the solutions they need quickly. This partnership enables fast and efficient auto financing, eliminating the need for long waiting periods,” he said.
The initiative is open to both existing and prospective Sterling Bank customers, providing them with access to structured, convenient, and cost-effective vehicle ownership solutions. By combining financial innovation with automotive expertise, the partnership is expected to expand vehicle accessibility and strengthen mobility infrastructure in Nigeria.
