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News / 05-21-19

Foton, BPI to offer bank finances on heavy duty trucks

Entrepreneurs may purchase a brand new heavy-duty truck through BPI’s financing scheme


By C! Magazine Staff

 

Foton Motor Philippines, Inc. (FMPI), the official distributor of Foton vehicles in the Philippines, and BPI-Family Savings Bank tie up to provide bank financing to entrepreneurs who want to purchase a brand new heavy truck.

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.

“This agreement has been put together to allow our dear clients to have their vehicle funded in ways that best suit 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 Mr. 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 was officially recognized as 2018’s top 3 best-selling truck brand in the Philippines.

“We hope that this program would convince businessmen to invest in trucks and logistics. We’re also sending big thanks to BPI Family Savings Bank for trusting our brand. We hope that our institutions would remain aligned and bonded with the same vision: to be instruments of the Filipinos’ success through our products and services,” said Rommel Sytin, president of Foton Philippines.