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Home Companies Company News

Haulage Business, FYI: Mack Trucks, Lanre Shittu Motors Seal Auto Finance Deal

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 19, 2013
in Company News, Corporate deals
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mack-lanre shittu

 

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Lanre Shittu Motors has introduced a new dimension into auto finance scheme in Nigeria as it secures an offshore funding deal with Mack Trucks for local buyers of the Swedish trucks on single-digit interest rate.

Mack Trucks said at the delivery of 45 trucks to Haulage Oil and Gas Limited in Lagos last Wednesday that the EKN financing solution was made possible through international banks and guaranteed by European and American Export Credit Agencies.

Mack Trucks, Lanre Shittu seal auto finance deal

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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