STRENGTHENING its thrust for sustainability, SB Finance, an affiliate of Security Bank, has partnered with Cost Plus Inc., a leading distributor of electric vehicles, to offer MotorsikLOAN financing for electric tricycles (e-trikes) as part of the Kidlat Electric Vehicles program. This partnership is designed to directly benefit Tricycle Operators and Drivers' Associations (TODA) in Quezon City, Laguna and Rizal by offering affordable financing options to help them transition to sustainable, cost-efficient transportation.
The collaboration between SB Finance and Cost Plus Inc. brings accessible financing to TODA members, enabling them to upgrade to electric tricycles that offer reduced fuel costs and lower maintenance expenses. This shift will not only improve their daily income but also help them embrace a greener, more sustainable mode of transportation.