Scania Easy Pay keeps businesses rolling

Scania has announced an innovative finance package designed to help ease some of the cashflow burden operators may be suffering as a result of the COVID-19 pandemic.

“We understand completely that some businesses are being negatively impacted by lockdowns and other effects of the pandemic, and this may interfere with the positive cashflow position of healthy, active and sustainable businesses,” said Wayne Thomason, National Sales Manager for Scania Finance Australia.

“So we want to urge businesses who might be tempted to delay regular servicing, or repairs that are needed to maintain their fleet in safe working order, to talk to us about a new short-term funding package we have instituted specifically to combat the effects of their restricted cashflow: Scania Easy Pay.

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“Scania Easy Pay provides approved customers with short-term finance from $3000 to as much as $50,000, for servicing or repairs. This funding can be applied to vehicles serviced or repaired at Scania’s nine company-owned and operated branches around Australia, or via participating members of our 60-strong authorised independent dealer network Australia-wide.

“With Scania Easy Pay we are recognising that times are tough for many operators in Australia. This is mostly through no fault of their own. They are having cashflow challenges which makes it hard to fund workshop services. They also need to maintain their commitment to their customers by delivering for them on time, and without the inconvenience and stress of unplanned breakdowns interrupting their business,” Wayne said.

“Naturally we will apply a credit approval process to all applications, which must be accompanied by an official quote from our branch or participating authorised dealer.

“We undertake to turn around the approval within 24-hours of receiving a completed application, so customers are not left hanging. The funding requires us to take an equity stake in the vehicle or on another unencumbered asset.

“The funding period can be taken between 12 and 24 months and there’s a facility for a four-month grace period before repayments begin to help customers get over the worst of the pandemic. We’re providing the funding at existing commercial rates as well. We also anticipate interest from Scania operators who may not yet be SFA customers,” Wayne said.

“This is a short-term offer that applies only until 30th September 2020, and to Scania trucks registered from 2007 onwards,” he said.

For more information regarding Scania Easy Pay, please contact your local Scania branch or dealer, visit www.scania.com.au or call Scania Finance Australia on 1300 695 226.