BUSINESSNews

Pezesha Africa partners with Autochek to provide Asset Financing to local SMEs


Automotive technology company Autochek has partnered with Pezesha Africa to enable SMEs in Kenya to access asset financing. Pezesha offers robust lending facilities and credit scores for businesses.

This partnership is specifically tailored for SMEs that want to acquire automotive assets for ease of doing business. Autochek has seen increased growth, expanding its range of services to lending and facilitating asset financing. The company’s all-around solutions include aftersales.

Joan Kamau, Business Operations Manager at Pezesha noted that by aggregating data collected from various partners, they are able to give credit scores to SMEs and plan appropriate financing. This makes it possible to tailor a SMEs financing needs.

“We are able to credit score an SME using alternative data from our partners and offer real-time financing with flexible repayment that helps the business spread the cost of buying a business asset over time. Supporting small businesses with the right tools or assets will go a long way in investing in their growth and expansion plans without increasing risk to their business.”

Autocheck Country Manager Bilhah Muriithi, said, “Autochek has been focused on financing retail customers, we are excited to partner with Pezesha whose key focus is on enabling SME lending. Autochek will continue to invest in the market while exploring new partnership opportunities to deliver solutions for driving positive change in the automotive industry in Kenya and beyond”.

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Simon W Nderitu

Simon is a tech enthusiast who keeps a close eye on emerging technologies, startups and the general business environment. You will often catch him totally immersed and drooling over Artificial Intelligence, Machine Learning, Virtual Reality, Augmented Reality, IoT and just about any other tech that promises to revolutionize the way we live. Send tips to snderitu@techtrendske.co.ke

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