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May 17, 2019

Foton Philippines Now Offers Financing for Heavy-Duty Trucks

Good news to all entrepreneurs wanting to purchase a brand-new heavy-duty truck, but also need to tighten their budget: Foton Philippines has found a solution.

Foton Motor Philippines, Inc. (FMPI), the official distributor of Foton vehicles in the Philippines, and BPI-Family Savings Bank, the largest thrift bank in the country, ties up to extend financing offers to cover Foton’s heavy-duty truck line.

“Our brand’s promise is to empower businesses. From this, our team does the best in providing notable services from pre-purchase, actual sale, and aftersales. This includes the worry-free experience of our clients in availing our products at the lowest price possible,” said Foton Philippines President Rommel Sytin.

With this new program, the vehicles that could be availed through BPI-FB will no longer be limited to Foton passenger vehicles and light duty trucks, as the financing will be extended to heavy duty trucks, particularly up to the 10-wheelers.

“When it comes to bank financing, it usually takes several weeks, if not months, and the clients are lucky if they receive a feedback when they’re declined. With this new program, we assure to offer more flexible payment schemes, affordable packages, and most importantly, faster application process and approval,” Sytin added.

“This agreement has been put together to allow our dear clients to have their vehicle funded in ways that best suits their circumstances. Our interest rates are fixed for the duration of the agreement you opt for, allowing you to plan your finances moving forward with certainty,” said Dennis Fronda, FVP of BPI Family Savings Bank.

Foton continues to produce and design vehicles that would suffice the local transportation needs through durable and dependable vehicles within reach, and also capable to withstand challenging business operations. Because of this, Foton has jumped to become the Philippines third best-selling truck brand, and one of the top 10 selling nameplates in the country overall.

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