Construction

Al-Futtaim launches financial services division

Distributor now offering financing for construction equipment and transport in the UAE

Multi-brand equipment and commercial vehicles distributor FAMCO is now offering financing for trucks, buses, construction equipment, forklifts, generators and compressors in the UAE.

FAMCO Financial Services uses a multi-bank approach and offers customers the ability to conserve their capital while providing an additional credit line, said the company.

Paul Floyd, managing director at FAMCO said, “We have now developed a full solution package for our customers. FAMCO Financial Services is another ingredient within a more sophisticated sales cycle aimed at satisfying a more demanding customer, where value and total cost of ownership have become more important.”

“Now, we can include financing, service contracts and insurance in a single monthly payment, greatly assisting our customers with a cash efficient solution to the operation of their fleet,” he added.

The newly launched financial services unit can also provide insurance and service agreements in one monthly payment allowing customers a significant cash-flow advantage. Shariah compliant options are also available.

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