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StoriesOctober 06, 2022
Crown Paints Partners with I&M Bank to Provide Stock Financing for Dealers and Customers
- Published: October 06, 2022
Marking the start of Customer Service week, Crown Paints PLC Kenya entered a strategic partnership with I&M Bank, in a move that will see authorized paint dealers and customers access quick and convenient working capital when they place orders exclusively from Crown Paints.
Under the stock financing solution, I&M Bank will provide an unsecured loan of up to KES. 10 million to existing Crown Paints dealers who will be required to repay it within 60 days. Cash customers will be eligible for a loan of up to KES. 500,000 to be repaid within 60 days while Crown Your Space customers and Team Kubwa Sacco members will receive loans ranging from KES. 150,000 to KES. 500,000 to be repaid within 12 to 24 months. Customers who wish to access these facilities will conduct the process through a code USSD *458#.
Crown Paints Kenya PLC and I&M Bank seek to use this partnership to unlock the potential of customers within the painting ecosystem to be able to serve clients seamlessly as the world commemorates Customer Service Week which starts on 03rd October until 07th October 2022.
ABOUT CROWN PAINTS: Crown Paints Kenya PLC was established in 1958 and is the number one paint manufacturing company in Kenya. As the Kenyan decorative brand leader since 1986, Crown Paints has built a strong distribution network. Quality has been the key to the company’s consistent performance and growth, supported by its close to 700 loyal staff, as well as distribution dealers, some of whom have had 40 years trading or more as key distributors.
CONTACT DETAILS:
WEBSITE: www.crownpaints.co.ke
ADDRESS: P.O. BOX 78848 – 00507, Likoni Road, Industrial Area, Nairobi, Kenya
PHONE: (+254) 0202 165 703/5/6, 0203 2751
CALL CENTER: 0709 887 000
EMAILS: This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it.
MORE CONTENT:
INTERVIEWS:
• Crown Paints Kenya PLC: The Undisputed Paint Market Leader in Kenya
• Top Player in Kenya's Paint Market Introduces New Products and Increases Capacity
VIDEOS:
• Assessment of the Paint Sector in East Africa by Rakesh Rao of Crown Paints
• Crown Paints: 60 Years of Experience Leading the Paint Sector in Kenya
• Discover Crown Colour App by Crown Paints Kenya: An Overview by Rakesh Rao
• Incentives for Painters in Kenya: Team Kubwa Loyalty Program and Training Programs
• Construction Sector in Kenya: Current and Future Projects of Crown Paints Kenya PLC
• Permacote Ultraguard Silicone Paint and Dr Fixit: Waterproof Products by Crown Paints
• Crown Paints: Floor, Coating and Paint Solutions for the Industrial Sector in Kenya
• Crown Paints: Setting High International Standards to Serve Customers in a Better Way
• Leading Paint Company Crown Paints Kenya Sponsors the Chairmans Prize Golf Tournament
EXECUTIVE PROFILE:
• Rakesh Rao, Group CEO of Leading Paint Company Crown Paints Kenya PLC
LATEST NEWS:
• Paint Manufacturer Crown Paints Kenya Invests Ksh 10m in Mombasa Showrooms
• Kenya’s Leading Paint Manufacturer Unveils Granite Finish Paint for Multiple Surfaces
• Crown Paints PLC: Moyo Primary School in Kajiado County Crowned with a Facelift
• Misufini Primary School Emerges Top of this Year’s Crown Your Art Competition
• Crown Paints Partners with I&M Bank to Provide Stock Financing for Dealers and Customers
• Leading Paint Firm Crown Paints Signs Partnership with Jambojet to Boost Education in Kenya
• Crown Paints is The Fastest-Growing Kenyan Brand According to Brand Finance Kenya 25 2023
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