SML Isuzu Ltd, a renowned name in the commercial vehicle industry, has partnered with Bank of Baroda to launch the Dealer Invoice Finance Program. The initiative is designed to provide SML Isuzu dealers across India with easy access to supply chain finance solutions, ensuring smoother operations, improved cash flow, and enhanced inventory turnover.
The partnership aims to empower SML Isuzu dealers to scale their businesses and grow, by offering them flexible credit solutions. This co-operation also aligns with SML Isuzu’s commitment to strengthening its dealer network and reinforcing its presence in the commercial vehicle segment.
The agreement was formally signed by Prashant Kumar, Chief General Manager – Marketing, SML Isuzu Ltd, and Kapil Bhardwaj, AGM & Branch Head, Mid Corporate Branch, Bank of Baroda – Ludhiana. This strategic collaboration is expected to benefit SML Isuzu dealers by providing them with the necessary support to navigate the increasingly competitive commercial vehicle market.
By partnering with Bank of Baroda, SML Isuzu is demonstrating its commitment to its dealer network, recognizing the importance of financial empowerment for its partners. The Dealer Invoice Finance Program is likely to be a game-changer for SML Isuzu dealers, enabling them to make informed business decisions, manage cash flow more effectively, and scale their operations.
With this partnership, SML Isuzu is poised to further strengthen its presence in the commercial vehicle segment, as it continues to expand its reach and grow its network of dealerships. By providing its dealers with the support they need to succeed, SML Isuzu is positioning itself for long-term success and reinforcing its position as a leading player in the industry.