Fintrex Finance, a dynamic and innovative contender in the financial services industry in Sri Lanka, recently signed a Memorandum of Understanding with Ideal Motors Private Limited, for optimizing the market opportunities through a joint strategy of a new alliance for shared and combined business success.

The MoU was signed by the Director-Finance of Ideal Motors: Ms. Dilani Yatawaka and GM/CEO of Fintrex Finance: Mr. Jayathilake Bandara in the presence of senior managers of both companies, at the Ideal Motors Head Office – Union Place, recently.

Under this agreement, both parties will combine their resources including their technical expertise to serve their customers better with flexible and convenient financing solutions under one roof, leading customers towards the winning edge in sourcing their dream vehicle with the best possible financial solution.

Through this alliance, customers are offered seamless experience of selecting, inspecting their vehicle of choice from the esteemed Ideal Motors – the authorized Mahindra Distributor in Sri Lanka, financed by the most trusted financial services partner: Fintrex. This facility is extended to a wide range of vehicle models from Mahindra cars: KUV 100 GMT, KUV 100 GMT Two-tone, KUV 100 AMT and KUV 100 AMT Two-tone and selected Mahindra Bolero City Pick-up models marketed by Ideal Motors. Customers will enjoy special financing terms on these vehicles including special rates, flexible repayment plans, minimum documentation and prompt, personalized service to fulfill their requirement, be it for personal use or for business use.

Addressing the gathering, Director- Finance- Ideal Motors: Ms. Yatawaka added, “We are quite pleased to join hands with Fintrex Finance, an upcoming player in the financial services industry. We, at Ideal Motors, strongly believe in harnessing synergies through partnering with our industry verticals. Amidst the lackluster business landscape, this initiative will pave the way for ploughing positive sentiments of hope and generating turnaround returns through the strength and expertise of the two entities.

General Manager/ CEO of Fintrex Finance, Mr. Jayathilake Bandara highlighted the prevalent market requirement where customers seek best returns for value with speed and agility. He continued: “the synchronization of “Ideal Motors” – a leading motor vehicle distributor trusted over generations in Sri Lanka with “Fintrex” is a timely call, in terms of the improving market condition. Fintrex has always adopted prudent strategies in sailing through the tide and has proven itself against the odds.

Mr. Bandara further added:” Under the new agreement all facilities are made available for customers to call or walk into any of the Ideal Motors showrooms with personalized services backed by funding solutions from Fintrex Finance through a fully digitized process”