isuzu launches new truck rental programme in south africa

Isuzu South Africa has made its Ready To Work medium and heavyweight commercial vehicle line-ups more accessible to entrepreneurs and small and medium businesses (SMEs) in the country through the launch of a new truck rental programme.

“Small to medium businesses who are well established with a proven track record and pass a revised credit check process have the option of a rental agreement off their balance sheet, which means it can be written off as a monthly expense and not an asset on their books,” said Craig Uren, Isuzu Senior Vice President SACU Revenue Generation.

“Isuzu’s Ready To Work portfolio of commercial vehicles showcases pre-built trucks, with their applications, so business owners are able to generate revenue almost immediately.”

Ready To Work

Isuzu’s new Ready To Work rental products include medium and heavyweight trucks in a variety of van bodies and dropsides.

In the manufacturer’s medium segment, there are currently 23 derivatives on offer, and in the heavy segment, a total of 31, however, not all of these fall within the “Ready To Work” catalogue.

Qualifying SMEs will pay a monthly rental fee based on the selected model, what the vehicle will be used for, and the rental period which will range between a minimum of 36 months (3 years) up to a maximum of 60 months (5 years).

isuzu launches new truck rental programme in south africa

The rental programme falls outside of the National Credit Act and vets applicants through a different credit checking process that focuses on a business’ contracts and revenue streams, said Marcois van Staden, head of Isuzu Finance.

“Small businesses seldom have the capital outlay to buy and own assets like trucks, so this allows them to focus on their business instead of worrying about how to purchase a truck,” he said.

All applicants to the rental scheme are subject to qualification and “remain liable for all legal and tax requirements,” said Isuzu South Africa.

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