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Banking | Finance

Stallion Group Partners Access Bank To Make Vehicle Ownership More Accessible

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FUNSHO AROGUNDADE

Stallion Group has partnered with Access Bank, part of Access Holdings, Nigeria’s largest banking group by total assets, to make vehicle ownership more accessible.

In a statement Tuesday, the partnership will bring 10 exclusive automotive brands and 72 models within reach of customers.

Through Access Bank’s AutoFest initiative, eligible buyers can access financing of up to 90% of their chosen vehicle’s value, with a minimum 10% Equity contribution for individual and 20% to 30% for Fleet Financing. Delivery may be possible within 72 hours after Equity Contribution, subject to credit approval and completion of documentation.

With more than 50 years in the automotive industry, Stallion Group brings an established portfolio of international brands, exclusive manufacturer relationships and extensive customer support capabilities to the partnership.

The offering extends beyond vehicle sales. Customers can access professional servicing, Optimised Cost of ownership, genuine spare parts, dedicated bodyshop facilities, manufacturer warranties of up to six years on eligible vehicles, and electric vehicle battery warranties of up to eight years, subject to manufacturer terms and conditions.

Flexible repayment options extending beyond four years give individuals and businesses the opportunity to acquire vehicles without paying the full purchase price upfront.

The partnership combines Stallion Group’s automotive heritage and after sales infrastructure with the financial strength and reach of one of Africa’s largest banking groups.

For individuals, it means the chance to own a brand new vehicle with only 10% down payment. For businesses and fleet operators, it means the ability to expand operations, refresh fleets and improve mobility without tying down huge capital upfront.

With fast-track processing and potential delivery in 72 hours, the Stallion Group and Access Bank AutoFest offer is positioned as one of the most convenient routes to vehicle ownership in Nigeria today.

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Funsho Arogundade

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