Seylan Bank PLC has entered a strategic partnership with Sathosa Motors PLC (SML), a longstanding name in ISUZU vehicle imports in Sri Lanka, to introduce a dedicated leasing facility for customers purchasing commercial and passenger vehicles.
Formalised through a Memorandum of Understanding (MOU), the collaboration aims to provide customers with improved access to financing solutions, combining competitive leasing terms with a streamlined, customer-centric approval process. The initiative reflects Seylan Bank’s continued focus on enhancing financial accessibility while supporting vehicle ownership across the country.
Designed to offer quicker access to ISUZU commercial and passenger vehicles, eligible customers have the added benefit of fast-tracking approval processes within 24 hours. Reaffirming the Bank’s commitment to elevating customer convenience further, buyers will have the option of flexible payment periods extending up to seven years.
Commenting on the partnership, Asiri Abhayaratne, Assistant General Manager – Marketing & Sales at Seylan Bank PLC stated, “This collaboration not only allows us to extend practical and accessible leasing solutions to customers but reaffirms our commitment to empowering businesses of all kinds to unlock their potential and reach. By combining our financial expertise with Sathosa Motors’ strong vehicle portfolio, we aim to support both individual and business mobility needs.”
Dirk Joshua, Executive Director – Sales & Marketing from Sathosa Motors PLC, added, “Our partnership with Seylan Bank enhances value for customers by integrating financial convenience with product reliability and after-sales support.”
As part of the offering, Sathosa Motors PLC will provide a range of additional benefits to customers, including special discounts of LKR 100,000 on trucks and LKR 200,000 on double cabs, a 25% discount on spare parts for one year, and free vehicle registration. Additionally, customers can expect the first three services of their vehicle to be undertaken for free. Warranty coverage will also be provided based on the vehicle model.
Seylan Bank’s leasing facility further includes competitive interest rates supported by a dedicated leasing team offering doorstep assistance and free advisory services throughout the application process. With an island-wide branch network, customers will receive guidance across every step of the process, from the initial documentation through to post-approval support.
With growing demand for commercial vehicles driven by increased economic activity and logistics requirements, the partnership addresses the need for efficient and reliable transportation solutions. By combining financing flexibility with operational benefits, Seylan and Sathosa Motors aim to deliver a comprehensive value proposition to customers across Sri Lanka by uniting financial flexibility with attractive after-sales benefits.
Customers interested in the leasing facility can contact Seylan Bank via the hotline 011-200 88 88 for further information.
