VMT 5.80% 7.3¢ vmoto limited

Vmoto and FCA Bank, page-3

  1. VYR
    4,775 Posts.
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    Good find AFD.

    Things don't happen quickly but when they do the quality of the partner has always been pretty impressive.

    The ability of "a time payment option" to accelerate sales was first used in October 17 when a big order from Greenmo was secured by offering internally funded terms to extend payment over 24 months.

    At that stage traditional consumer finance providers had no appetite for funding EV mopeds and Bikes.

    For dealers to be able to offer finance to consumers and Vmoto to be able to offer it to business customers could well put a massive rocket under sales and the conversion from ICE to EV.

    https://hotcopper.com.au/data/attachments/4839/4839529-5f9da7977d493b066048f065880a8ab8.jpg
 
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