{"id":112967,"date":"2025-10-25T07:15:22","date_gmt":"2025-10-25T07:15:22","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing"},"modified":"2025-10-25T07:25:19","modified_gmt":"2025-10-25T07:25:19","slug":"dfcf-bank-mantrac-partner-for-affordable-equipment-financing","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing","title":{"rendered":"Dfcf Bank Mantrac Partner for Affordable Equipment Financing"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>In a move set to transform Uganda\u2019s construction, agriculture, and manufacturing sectors, DFCU Bank has partnered with Mantrac Uganda, the authorised dealer of Caterpillar equipment since 1991, to make world-class machinery more accessible through affordable asset financing.<\/b><\/p>\n

The partnership, announced by Mantrac Managing Director Mohamed Ibrahim, DFCU Executive Director Kate Kiiza, and DFCU Senior Manager for Asset Finance Gloria Namutebi, seeks to empower Ugandan businesses with reliable, high-quality equipment while addressing one of the biggest barriers to productivity\u2014financing.<\/p>\n

Mohamed Ibrahim explained that Caterpillar equipment serves a wide range of industries, including agriculture, construction, mining, quarrying, and aggregates.<\/p>\n

He noted that many clients desire quality machinery that guarantees higher productivity and less downtime, but financing often remains a major challenge.<\/p>\n

\u201cThe partnership with DFCU is helping both Mantrac and our customers to overcome one of the biggest challenges\u2014access to financing,\u201d Ibrahim said.<\/p>\n

\u201cOur equipment is known for durability and performance, and our 24\/7 product support team ensures customers receive continuous assistance to maintain high productivity. With DFCU\u2019s financial support, more clients can now access this equipment and improve their operations.\u201d<\/p>\n

Namutebi emphasised that the partnership is designed to support a wide range of clients\u2014from individual entrepreneurs to large corporations. She noted that DFCU has been in the leasing business for nearly 60 years, offering various solutions under its asset finance program.<\/p>\n

\u201cOur partnership with Mantrac will help individual customers, SMEs, and corporate companies especially those in construction, manufacturing, and agriculture access dependable and high-quality Caterpillar equipment,\u201d Namutebi said.<\/p>\n

To make this possible, DFCU is offering up to 90 percent financing for customers purchasing Mantrac equipment. Each package includes a two-year warranty and a 15 percent insurance discount from Britam Insurance.<\/p>\n

Namutebi added that asset financing has gained momentum in recent months, with more factories being established and roads constructed across Uganda as agriculture becomes increasingly commercialised.<\/p>\n

\u201cFor us to sustain this growth, we must support our clients so that they can quickly access the right tools for the job,\u201d she added.<\/p>\n

DFCU Executive Director Kate Kiiza reaffirmed the bank\u2019s commitment to transforming lives and businesses across Uganda. She said the partnership with Mantrac reflects DFCU\u2019s purpose and demonstrates its belief in enabling growth through practical financial solutions.<\/p>\n

\u201cBy partnering with Mantrac, we are bringing world-class equipment closer to Ugandan businesses,\u201d Kiiza said. \u201cWe are making it affordable for individuals, SMEs, and large corporates alike by offering flexible financing.<\/p>\n

In addition, every piece of equipment purchased under this partnership comes with operator training, proper servicing, and access to genuine spare parts.\u201d<\/p>\n

She added that the partnership would not only enhance productivity but also create employment and improve efficiency across key sectors.<\/p>\n

\u201cThe reliability of the equipment, the training, and the servicing provided will help increase employment, enhance productivity, and improve project execution timelines. These are key factors in achieving the tenfold growth that Uganda aspires to,\u201d she said.<\/p>\n

Through this collaboration, DFCU Bank and Mantrac Uganda are positioning themselves at the heart of Uganda\u2019s economic transformation.<\/p>\n

By bridging the gap between access to quality machinery and affordable financing, they are empowering local entrepreneurs and companies to scale their operations, boost productivity, and drive industrial growth.<\/p>\n

As Kiiza concluded, \u201cThis partnership is not just about selling equipment\u2014it\u2019s about powering progress, building industries, and helping Uganda move forward.\u201d<\/p>\n

For More News And Analysis About Uganda<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. In a move set to transform Uganda\u2019s construction, agriculture, and manufacturing sectors, DFCU Bank has partnered with Mantrac Uganda, the authorised dealer of Caterpillar equipment since 1991, to make world-class machinery more accessible through affordable asset financing. The partnership, announced by Mantrac Managing Director Mohamed Ibrahim, DFCU Executive Director Kate Kiiza, and […]<\/p>\n","protected":false},"author":84,"featured_media":112966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[234],"class_list":["post-112967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-uganda"],"yoast_head":"\nDfcf Bank Mantrac Partner for Affordable Equipment Financing - Uganda<\/title>\n<meta name=\"description\" content=\"In a move set to transform Uganda\u2019s construction, agriculture, and manufacturing sectors, DFCU Bank has partnered wit ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dfcf Bank Mantrac Partner for Affordable Equipment Financing\" \/>\n<meta property=\"og:description\" content=\"In a move set to transform Uganda\u2019s construction, agriculture, and manufacturing sectors, DFCU Bank has partnered wit ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-25T07:15:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-25T07:25:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2025\/10\/sm_1761364362.216214.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Dfcf Bank Mantrac Partner for Affordable Equipment Financing\",\"datePublished\":\"2025-10-25T07:15:22+00:00\",\"dateModified\":\"2025-10-25T07:25:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing\"},\"wordCount\":569,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2025\/10\/sm_1761364362.216214.jpg\",\"keywords\":[\"uganda\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/dfcf-bank-mantrac-partner-for-affordable-equipment-financing\",\"name\":\"Dfcf Bank Mantrac Partner for Affordable Equipment Financing - 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