Hero MotoCorp into retail finance business

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Sept 24, 2012: World’s largest two-wheeler maker, Hero MotoCorp Ltd is entering retail finance business to offer easy loan options for its two-wheeler buyers. The company that already operates a financing arm which supports its suppliers and dealers will now extend their financial facilities to its retail customers too.

Hero MotoCorp’s financing arm Hero FinCorp support the dealers and suppliers by financing their working capital requirements.  According to the company sources, extending the financing support to potential customers will give them the opportunity to increase the volume of their sales.

 

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