Toyota PH rolls out 'Kabuhayan on Wheels' financing program for MSMEs

MANILA: According to data from the United Nations Development Programme for Q4 2020, micro, small, and medium-sized firms (MSMEs) account for 99.5% of all commercial establishments in the Philippines, employ 63% of the labor force, and have generated 40% of the nation's GDP in recent years. This number decreased in 2020 as a result of community lockdowns.

MSMEs are now regaining momentum as the economy continues to open up. They require access to finance as one essential component. The expansion of MSMEs depends on financing since it enables them to restart operations and reenter the market.

With the vision of bringing mobility for all and the goal of enabling local businesses to contribute to economic recovery, Toyota Motor Philippines (TMP) is committed to being the partner of every MSME.

The country’s leading mobility company is empowering livelihoods by extending financial assistance — through its financing partner, Toyota Financial Services Philippines (TFSPH); and including its Light Commercial Vehicle line, the all-new Lite Ace — in TFSPH’s Kabuhayan on Wheels Financing program.

Growing businesses now have the chance to own the 2022 Toyota Lite Ace to help with their day-to-day operations. They can choose from these easy and convenient options.

Vehicle Loan and Finance Lease – both of which are customizable to ensure hassle-free payment terms.

In addition to these, Toyota has introduced its newest option, Lite Sa Bulsa, which allows customers to pay on a weekly basis for as low as P2,903.50 a week.

With the Kabuhayan on Wheels Financing Program, MSMEs are a step closer to achieving their  "asenso" goals. For those who want to avail of this new offer, they can visit the nearest Toyota dealer in their area to inquire. A P5,000 worth gas card awaits for every successful booking. Toyota marketing professionals will assist entrepreneur through every step of the application process.

The 2022 Toyota Lite Ace is available in pickup, panel van, FX utility van, and cargo aluminum van variants.

Kabuhayan on Wheels and Lite Sa Bulsa are just a few of the programs that Toyota Motor Philippines and Toyota Financial Services Philippines offer, as part of their commitment to providing mobility for all. Toyota Financial Services Philippines Corporation is supervised by the Bangko Sentral ng Pilipinas.

Interested entrepreneurs can visit Toyota Financial Services Website to know more about the company’s offers.

The QDR (Quality, Durability, and Reliability) hallmark of Toyota products, which satisfies the needs of MSMEs demanding the greatest returns on every investment, supports TMP's entry into this new market. QDR reduces vehicle downtime, preserving business continuity and preventing losses in terms of time and money as well as additional maintenance expenditures.

The Pickup and the Panel Van are the two versions available for the Lite Ace. While the Panel Van has a sliding cage for more safe freight transport, the Pickup has an open bed for simple and flexible loading.

Both the Pickup and the Panel Van have large cargo holding capabilities and sturdy construction, making them ideal for moving bulky cargo.

For industrial and agricultural organizations, the Dropside Pickup is appropriate, but the Panel Van is perfect for delivering packages for online retailers.

A five-speed manual transmission is mated to a 1.5-liter gasoline engine under the hood of the Lite Ace. Convenience amenities like air conditioning and electric power steering are also included with the Lite Ace. To enhance safety on the road, it also has SRS Airbags, an anti-lock brake system, and vehicle stability control (VSC).

Check out the spec chart for the brand-new Toyota Lite Ace below to discover more about it. 

SPECIFICATIONS	Toyota Lite Ace Panel Van	Toyota Lite Ace Pickup
Overall Length (mm)	4,045	4,195
Overall Width (mm)	1,665	1,675
Overall Height (mm)	1,930	1,920
Payload Capacity (kg)	790	950
Engine Model	2NR-VE	2NR-VE
Engine Type	Four-cylinder, In-line, 16-Valve DOHC with Dual VVT-i	Four-cylinder, In-line, 16-Valve DOHC with Dual VVT-i
Displacement (cc)	1,496	1,496
Maximum Output (ps/rpm)	98/6,000	98/6,000
Maximum Torque (Nm/rpm)	134/4,400	134/4,400
Fuel Type	Gasoline	Gasoline
Transmission	Five-speed Manual Transmission	Five-speed Manual Transmission
Suspension	Front: MacPherson Rear: Five-link Coil Spring	Front: MacPherson Rear: Leaf Spring
Brakes	Front: Ventilated Discs Rear: Drum Type	Front: Ventilated Discs Rear: Drum Type
Tires and Wheels	165R14 Steel	175R14 Steel
Spare Tire	Ground Tire (Steel Wheel)	Ground Tire (Steel Wheel)
Headlamps	Halogen	Halogen
Windshield Wiper	Intermittent	Intermittent
Rear Combination Lamp	Halogen	Halogen
Mudguards	Front	Front and Rear
Antenna	Pillar Type	Pillar Type
Seat Material	PVC	PVC
Seat Type and Adjustment	Driver: Four-way Manual Adjust Passenger: Two-way Manual Adjust with Tumble	Driver: Two-way Manual Adjust with Fold Passenger: Two-way Manual Adjust with Fold
Steering Type	Electric Power Steering	Electric Power Steering
Steering Wheel Material	Urethane	Urethane
Cup/Bottle Holder	Front (x2)	Front (x2)
Ignition System	Rotary System	Rotary System
Power Door Locks	Front, Rear, and Back Doors	Without
Airconditioning System	Manual Dial	Manual Dial
Audio System	2-DIN with AM/FM, USB Bluetooth, Aux, and CD	2-DIN with AM/FM, USB Bluetooth, Aux, and CD
Speakers	Two	Two
SRS Airbags	Driver and Passenger	Driver and Passenger
Anti-Lock Brake System (ABS)	With	With
Vehicle Stability Control (VSC)	With	Without
Seatbelts	Driver and Passenger	Driver and Passenger
PRICE	P655,000	P570,000

Photos from Toyota Motor Philippines

Also read: Auto sales increase by 90% in Aug.