Construction and building equipment supplier, Ganatra Plant & Equipment Ltd have announced an asset finance deal for purchases of new JCB Back-hoe Loaders.

The asset finance deal will see customers get a 20% reduction of the cost price in a partnership with JCB UK backed with finance provided by NIC Bank, Stanbic Bank and Barclays Bank from Kenya.

The JCB Back-hoe Loader is a world leader, and can be used in a number of different industries including roads and building construction, agriculture, mining, material handling and waste management among others.

Commenting on the price promotion, Altaf Ganatra, managing director of Ganatra Plant & Equipment Ltd said “We are very excited about this new initiative. Acquiring the world’s best Back-hoe Loader at the new offer price is an opportunity not to be missed.

“By significantly reducing the cost of procuring a JCB Back-hoe Loader, we hope to increase mechanisation to boost productivity. The offer will also be attractive to Kenyan entrepreneurs who can make very high returns by renting out the machines. We want to also make it affordable so that customers currently looking at used equipment can now opt to buy new machines instead”.

Speaking at the official signing, JCB Managing Director, East Africa, Mr.Saurabh Gandhi, said “Kenya is a very important market for JCB because of the country’s fast economic growth . The growing urbanisation is in turn driving massive infrastructure growth. JCB is in a position to support this growth with its market leading construction equipment range”.

Ganatra Plant & Equipment Ltd has branches in Nairobi and Mombasa and has recently opened a showroom in Kampala, Uganda.