Kago Finance, a black-empowered financial services company, has concluded an agreement with independent IT solutions provider First Technology to provide the financing for First Technology customers` technology solutions acquisitions.
This agreement will create a facility for First Technology Group companies to provide best of breed IT solutions at competitive financial rates.
Jabu Magagula, managing director at Kago Finance - which is accredited by our country`s major banks - says: "By providing tailor-made financial solutions to customers of IT companies, we effectively remove the pain from the transaction. Companies can therefore acquire the best technology for their needs without breaking the bank."
Magagula says the agreement between Kago Finance and First Technology is a win-win for both companies. "Creating a facility for First Technology to offer tailor-made financing packages to its customers, as an additional service, will ensure their loyalty to the group," he adds.
Hilton Cock, managing director at First Technology Imaging Solutions, says the deal with Kago Finance complements the group`s black empowerment initiatives.
"We are extremely pleased with the opportunity to work closely with a reputable, black-owned organisation like Kago Finance which comes highly recommended by some of our major vendors and suppliers. Not only are we able to provide our customers with competitive finance options, but with Kago Finance`s strategic alignment with First Technology, customers are assured of continuity and access to best-of-breed products, thereby providing the necessary security for sound long-term relationships," Cock concludes.
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