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

May 30, 2024May 30, 2024

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.

MANILA