Stallion Group Partners Access Bank to Offer Up to 90% Vehicle Financing

In a strategic partnership, Nigerian automotive group Stallion Group has joined forces with Access Bank, a subsidiary of Access Holdings, to make vehicle ownership more attainable for individuals and businesses across the country. Through this collaboration, a total of 72 models from 10 exclusive automotive brands are now accessible to customers via Access Bank’s AutoFest initiative.

Under the terms of the agreement, eligible individuals can secure financing for up to 90% of their chosen vehicle’s value, with only a minimum of 10% required as equity contribution.

For those purchasing vehicles for their business fleet, the equity contribution requirement is higher, ranging from 20 to 30%. Stallion Group, boasting over 50 years of experience in the automotive sector, is contributing its extensive portfolio of international brands, exclusive relationships with manufacturers, and comprehensive customer support to this partnership.

The joint offering encompasses not just vehicle sales, but also professional servicing, optimized cost of ownership, genuine spare parts, dedicated bodyshop facilities, and manufacturer warranties lasting up to six years on eligible vehicles.

Furthermore, electric vehicle buyers can take advantage of battery warranties of up to eight years, provided they meet manufacturers' terms and conditions. This partnership not only merges Stallion Group’s rich automotive heritage and after-sales infrastructure with Access Bank’s financial resources and extensive reach, but also offers flexible repayment plans extending beyond four years.

This arrangement allows both individuals and businesses to acquire vehicles without the immediate burden of paying the full purchase price upfront. The partnership combines the strengths of Stallion Group's automotive expertise and after-sales support with Access Bank's financial strength and nationwide presence, a hallmark of one of Africa’s largest banking organizations.