New partnership aims to provide affordable financing for used trucks, supporting small fleet owners and the transport community.
TrucksUp has partnered with AU Small Finance Bank to offer easy and cost-effective financing solutions for used trucks. The collaboration is designed to support small fleet owners and drivers by providing low EMI loans, refinancing options, and top-up loans to meet their financial needs.
This initiative aligns with TrucksUp’s mission of empowering truck drivers to become owners, promoting self-reliance in the transport sector. By simplifying access to credit, the partnership aims to enhance business growth and operational efficiency for small fleet operators.
TrucksUp CEO Virendra Yaduvanshi emphasised the value of AU Small Finance Bank’s financial expertise in addressing capital needs. Wahid Raza, VP of Value-Added Services, highlighted the seamless execution of this initiative.
This collaboration marks a significant step in transforming truck ownership in India, making financial independence more accessible for drivers and fleet owners.
