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Mannai HED and QNB partner to provide best finance solutions to heavy equipment customers

Company: Heavy Equipment
Release Date: November 3, 2014

Mannai Auto Group’s Heavy Equipment Division and QNB are offering customers buying heavy equipment from the Group the most competitive finance solutions available in the country.

Financial support is available for companies seeking to bolster their existing operations with new heavy equipment across a range of uses. Customers benefit from the full breadth of brands available through Mannai HED.

Eng. Khalid Yousef, general manager, Mannai HED said: “Our clients are often building their heavy equipment portfolio to meet specific contractual needs. Strong financial support is an important aspect of being able to deliver to the satisfaction of their partners. Mannai HED is honored to welcome QNB, the country’s leading financial institution, to help customers realize their dreams, while also extending our very strong partnership with QNB to meet the needs of this niche sector.”

Mr. Hamad Al-Jamali, Acting AGM, SME, QNB, commented: “QNB supports the equipment sector through strategic partnerships. We launched our support for this sector with Mannai HED who, as an exclusive agent for premium brands such as JCB, serves the needs of the earth moving industry. Through their proven technical expertise and after sales service, we remain confident that the equipment financed retains its pristine working condition. QNB has set up many branches including one in the industrial area so as to serve this growing market. We aim at providing Mannai HED’s clients with a quick decision and funding for their equipment requirements. Our typical financing requires a 20% down payment with monthly repayment over 1 to 3 years through monthly installments. Competitive financing rates are available with minimal conditions imposed relating to third party insurance and a service package that is provided by Mannai HED.”

To complement all equipment deliveries, Mannai HED offers excellent after sales packages. The company is a leader in Qatar’s heavy equipment segment, distributing and providing after-sales support for internationally renowned heavy equipment lines, including JCB, Grove cranes, TCM forklifts, Massey Ferguson agricultural equipment, Daewoo buses, DAF trucks, and Eicher trucks.

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