National Finance partners with Mohamed & Ahmed Al Khonji in strategic move with PRESSR

National Finance partners with Mohamed & Ahmed Al Khonji in strategic move with PRESSR




National Finance Partners with Mohamed & Ahmed Al Khonji Group to Offer Boat Engine Finance Solutions

National Finance Partners with Mohamed & Ahmed Al Khonji Group to Offer Boat Engine Finance Solutions

Introduction

National Finance, the leading finance company in the Sultanate of Oman, has partnered with Mohamed & Ahmed Al Khonji Group, one of the most respected business conglomerates in the country, to extend boat engine finance solutions to fishermen and boat owners in the marine and fisheries sector. This strategic alliance is set to position National Finance as the first finance company in the country to offer financing to those seeking to invest in boat engines. The Boat Engine Finance solution will provide customers the opportunity to secure financing ranging from OMR 1,000 to OMR 10,000, with a minimal down payment requirement of only 20%.

Flexible Financing Tenure Options

Customers can benefit from flexible financing tenure options ranging from 12 to 60 months, rendering boat engine acquisition more accessible and convenient. Designed to significantly fuel business growth within the fisheries industry, the Boat Engine Finance solution is tailored to address the specific requirements of the marine and fisheries sector.

Enriching the Overall Consumer Journey

The partnership between National Finance and Mohamed & Ahmed Al Khonji Group is expected to augment the product offerings of the latter by providing customers enhanced financing options, thereby enriching the overall consumer journey. Concurrently, National Finance will broaden its market presence and offer its unparalleled services to customers seeking the latest Suzuki Marine Engines from Mohamed & Ahmed Al Khonji outlets nationwide.

Empowering the Fisheries Community

Fisheries play a pivotal role in the national economy of the Sultanate of Oman, bearing profound socio-economic implications. By providing a bespoke finance solution for boat engines, National Finance aims to empower fishermen to expand their enterprises, thereby nurturing the prosperity of the marine and fisheries sector.

Conclusion

The Boat Engine Finance solution marks a significant step in the dedicated efforts of National Finance to broaden its portfolio and support niche segments under its Consumer Durables Financing arm. The company aims to empower individuals and contribute tangibly to the economic landscape within the country. National Finance’s partnership with Mohamed & Ahmed Al Khonji Group is instrumental in propelling socio-economic progress and catalysing economic advancement across the nation. This bespoke finance solution aligns with the company’s resolute dedication to supporting the growth of the fisheries sector and contributing to the economic advancement of the country.

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Originally Post From https://www.tradingview.com/news/reuters.com,2024-07-10:newsml_Zaw2DdxjV:0-pressr-national-finance-forges-strategic-partnership-with-mohamed-ahmed-al-khonji-group-to-offer-boat-engine-financing/

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