LOLC Al-Falaah Partners with Euro Motors offering finance solutions

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC, has announced the signing of a strategic partnership with Euro Motors Pvt Ltd, marking a significant step towards redefining accessibility to vehicle ownership through innovative and customer-centric financial solutions, according to a company media release.

The Memorandum of Understanding (MOU), signed recently at the LOLC Head Office in Rajagiriya, formalises a partnership aimed at delivering convenient and tailored Alternate Financial Solutions (AFS) to customers of Euro Motors. The agreement was signed by Montini Warnakula, Chief Operating Officer of LOLC Finance PLC, representing LOLC Al-Falaah, and Ravindra Senarathne, Chief Operating Officer of Euro Motors (Pvt) Ltd.

Through this collaboration, LOLC Al-Falaah will play a pivotal role in providing flexible and convenient financing solutions designed to facilitate vehicle ownership for Euro Motors customers. These offerings will be extended across Euro Motors’ entire vehicle portfolio, including globally recognised brands such as Jetour, Dongfeng, and JAC, covering both commercial and passenger segments. The solutions will be made accessible across all Euro Motors showrooms and retail outlets, ensuring greater convenience and seamless customer reach.

Commenting on the partnership, Mr. Warnakula said, “This partnership reflects our continued commitment to expanding inclusive financial access through innovative and ethically grounded solutions. By partnering with Euro Motors, we are enabling customers to realise their mobility aspirations through flexible financing structures that align with their needs and values.”

Speaking on the collaboration, Mr. Senarathne noted, “Partnering with LOLC Al-Falaah allows us to enhance the value we offer our customers by integrating flexible financial solutions with our vehicle offerings. This synergy ensures that customers can access dependable mobility solutions with greater ease and confidence.”