Lease Insights

[caption id="attachment_1697" align="alignleft" width="818"] UTU Electric Tuk-tuks arrive at the VAELL Yard at Buffalo Mall, Naivasha - Kenya.[/caption]The firm is involved in leasing and selling new solar and electric powered automobiles dubbed ‘Utu’ distributed by its partner brand: It’s Electric Limited which is a dealer of modern electric vehicles (EVs) and charging stations. This comes in as the Kenyan government seeks to introduce electric bus units for the Nairobi capital BRT system. Installation of solar and electric vehicle charging stations The

END YEAR NEWSLETTER As we come to the end of 2018, I want to appreciate your continued commitment and all that you do to help our clients get equipped. We’ve had another exceptional year of growth and could not have achieved much without your dedication. As a stronger team, better organized to serve our clients and partners, we can build deeper relationships with them and help enhance confidence and strength to our economy.We have made substantial progress in the face of significant

August saw a banner month for Quipbank with a successful inaugural car sale. Dubbed bumper Friday, the event held on Friday, August 5th 2016 aimed at off-loading ex-lease vehicles.The highly anticipated sale was hosted at the Quipbank center on Mombasa road and attracted a considerable list of visitors keen on jumping on the offers and with deals starting from Ksh. 500,000 eager clients were quick to snap the cars on offer. Top cars that attracted buyers interest during the sale

Vehicle and Equipment Leasing Limited (Vaell) has launched Healthcare Equipment Leasing Limited (Heall), a leasing solution targeting private hospitals and clinics as well as mid-level government facilities.The solution is expected to lower the costs of medical equipment.“It costs Sh9,000 for dialysis in a public hospital like Kenyatta National Hospital and between Sh9,000 and 15,000 in private hospitals. We lease out dialysis machines under Heall for Sh110,000 a month.“Most hospitals can afford to pay for it in two days from their

On February 23, governors, in an open letter to the Health secretary, expressed reservations over the proposed managed equipment services promised to counties by the national government.They said the deal was opaque and hence a few issues needed clarification. Granted, I don’t hold brief for the CS.Further, although I am a professional with a Kenyan leasing firm, our firm did not participate in the said tender because we were technically side-lined in favour of international companies.While I share some of

When Vehicle and Equipment Leasing Limited (Vaell) emerged second during the Top100 SMEs Survey sponsored by the Business Daily and consultancy firm KPMG, it marked the success of a firm that took nearly a decade to come of age.Vaell started from the belief that you don’t have to own an asset, you can lease it.The company has now grown to become a powerhouse in the region targeting both corporate and government agencies that lease excavators, tippers, wheel loaders, breakers, graders, drills and compressors.Its clients

The atmosphere at Vehicle and Equipment Leasing Limited (VAELL) offices is captivating. The snow-white seats at the reception are complemented by the lush green of surrounding palm trees.For a moment, the reception at Vaell’s premises on Mombasa Road appears to be swallowed in the sea of green. “My boss loves flowers. It also makes the air around the office fresh,” says Ms Mauta, Vaell’s corporate communications officer.Although having flowers in the office is not a new concept, Vaell has worked magic

Finding reliable plant equipment, vehicles and heavy machinery lease company in the region isn’t a small feat these days. There are so many things that need to come together to provide for a reliable and reputable company that is able to meet all the needs of its clients. For a decade now VAELL has been hard at work perfecting our approach to the plant equipment, vehicles, heavy machinery lease industry and today service thousands of satisfied clients throughout South Africa.Many

It was a chilly Friday morning, the 4th of December, 2015. I had to be at the Junction at 6:30 am to attend celebration of 40 years anniversary for OikoCredit. OikoCredit is the world’s largest Micro Lender, based in Netherlands….and our Impact Lease project, after 2 years of development was most exciting for them! The project targets small holder farmers to link them to superior agricultural machinery to enhance farming through a rental platform.Great work to the Impact Lease team.