New service provides commercial operation upgrade and significant corporate expansion
Kuwait, 30 March 2011: Business commercial loans are now made easier and availability is within reach in no time. The Commercial Facilities Company (CFC), the leading finance company in Kuwait, announces its latest solution to finance car fleets and heavy equipment for corporations and establishments, an attempt to boost business operations and persuade corporate growth through pioneering concepts. Thanks to its 34 years of loaded experience in the market and profound understanding of its clients' needs, the company is introducing a practical initiative to continue simplifying its clients' daily operations through convenient finance solutions.
"After thoroughly studying the market based on our strategic agenda to identify business niches and corporate needs, it was well comprehended that financing company assets was a core necessity by a significant slice our target segment, with special attention to fulfilling the need of fleet cars. It was thus our role to step in and introduce an exclusive solution that would conveniently fill in an obvious gap in the market," said Mr. Nasser Ali Al-Mannai, Assistant Managing Director of Marketing, CFC. "Businesses can now benefit from our secure services and finance delivery fleets, heavy equipment, electrical appliances, network and computer servers and office furniture."
"The service provides a pioneering solution to upgrade business operations swiftly and securely in the local market. Contributing to our customers' growth through the new commercial loans is another brick in a milestone. We are pleased to announce that CFC is taking the steps of national economic growth."
In addition to providing asset loans, the company also offers installment credit facilities to finance consumer and commercial products. CFC was established in 1977 as the first Kuwaiti financing institution.
CFC also plays a major role in the development of the financial and consumer goods industry. It is one of the leading companies in offering installment credit facilities, car financing, and personal cash loans. Branching out in strategic locations, CFC has over 200 employees across its five branches and 21 representation offices.
CFC can be reached in Kuwait City (head office), Jahra, Hawalli, Al Riggae, Fahaheel, and the Kuwait International Airport. Moreover, CFC's online service: http://www.cfc-kw.com provides customers with a convenient portal to manage their accounts by financing applications, paying installments, plus accessing the financing calculator. It is worth to mention that the process of applying applications online has been receiving high customer satisfaction since the swift reply does not exceed one hour. It also allows customers to inquire about their accounts directly through CFCOnline.
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About CFC:
Commercial Facilities Company (CFC) was established in 1977 as the first Kuwaiti closed shareholding company with an initial capital of KD 3.8million (US$ 12.7million). It specialized in providing installment credit facilities to finance consumer and commercial products. CFC plays a major role in the development of the financial and consumer goods industry. It is one of the
leading companies in offering installment credit facilities, car financing, and personal cash loans. Branching out in strategic locations, CFC has over 200 employees across its 5 branches and 21 representation offices. CFC's online service, http://www.cfc-kw.com, provides customers with a convenient portal to manage their accounts.
For further information, please contact:
Abdullah Al-Hilal
CFC
Tel: 97749555
Email: aalhilal@cfc-kw.com
Nadin Al Alami/ Rana Nagi
ASDA'A Burson-Marsteller
Tel: 22901571/ 2/ 3
Email: n.alami@asdaa.com/ r.nagi@asdaa.com
© Press Release 2011
