Autochek is an automotive technology company that has partnered with Pezesha. This partnership will allow Kenyan SMEs to get asset financing. Pezesha and Autochek will partner to enable SMEs acquire auto assets for their business growth and operations.
Autochek currently has increased market acceptance for auto finance through technology integration. This will provide SMEs with a 360-degree solution that allows them to acquire, sell, and aftersales their Auto assets.
Pezesha, through its robust embedded lending and credit scoring capabilities, will enable Autochek’s small and medium-sized businesses to access affordable and flexible asset financing to drive their business growth.
“Purchasing business assets can be quite expensive, especially for small businesses that do not have a lot of resources or even formal credit history. Pezesha can help. Pezesha can credit score an SME with alternative data from our partners. We also offer flexible repayment options that allow the business to spread the cost of purchasing a business asset.
“Supporting small businesses with the right tools or assets will go a long way in investing in their growth and expansion plans without increasing risk to their business, Joan Kamau, Business Operations Manager- Pezesha
“Autochek has been focused on financing retail customers, we are excited to partner with Pezesha whose key focus is on enabling SME lending. Autochek will continue to invest in the market while exploring new partnership opportunities to deliver solutions for driving positive change in the automotive industry in Kenya and beyond” Bilhah Muriithi, Country Manager – Kenya, Autochek.
Pezesha and Autochek’s partnership will harness Africa’s SME asset finance gaps in the automotive industry by bringing easier access to more financing options as a catalyst for growth.