Carmaker will support small businesses by postponing loan repayments for company cars

In the current economic situation, when many businesses are being forced to close entirely or downscale to maintain operations, decisions are often made solely based on pricing and finance.

One carmaker is teaming up with a Prague-based leasing service to give sole proprietors and small businesses a helping hand during financially uncertain times.

In cooperation with Autoleasing, a. s., Volvo Car Czech Republic is launching a program that allows companies whose business situation and financial capabilities are only gradually stabilizing, to postpone the start of loan repayment by up to 6 months. The offer includes insurance if agreed upon in advance.

According to the agreed contract, the repayment period ranges from 36 to 66 months, and the advance payment ranges from 25% to 80%. The offer is valid for the first 50 ordered cars — in stock and new for production — according to the client’s choice throughout the Czech Republic.

Other offers for natural and legal persons prepared in connection with UniCredit Leasing CZ, a.s. include loans with zero increase from 30% down payment for all models and additional subsidized loans with four service inspections and four years free guarantee.

The program launched on June 3 and is valid until September 30, 2020 (or until the end of the event). Cars should be handed over by the end of 2020.

In the area of ​​operating leasing, Volvo, in cooperation with UniCredit Fleet Management, s. r. o., also offers natural and legal persons special installment payments.

Volvo Cars has been active in the car market since its inception in 1927. For the whole of 2019, 705,452 (642,253) new Volvo cars were sold worldwide, an increase of 9.8% compared to 2018.

As part of its new focus, Volvo Cars wants to provide its customers with a free way to travel according to its own rules, ecologically and safely.

This goal is reflected in a number of the company’s business ambitions: for example, by the middle of the current decade, it wants to reach a level where pure electric vehicles will account for half of its annual sales, while by then five million direct relationships with consumers.

At the same time, the carmaker has committed itself to continuously reduce its carbon footprint, while its goal is to become a climate-neutral company by 2040.