United Bank for Africa Plc (UBA) has partnered with Mikano Motors to launch a vehicle financing scheme that allows eligible Nigerians to finance up to 70 per cent of the cost of a new vehicle. Nigerians can get up to 70% as UBA launches vehicle financing scheme with Mikano Motors Credit: UBASource: UGCUnder the arrangement, customers are required to make a 30 per cent down payment, while UBA provides financing for the remaining 70 per cent. Once approved, customers can obtain a pro forma invoice from Mikano Motors for their preferred vehicle and proceed with the financing process. Mikano promises after-sales supportFor Mikano Motors, the partnership is expected to broaden access to its vehicles by allowing more Nigerians to spread the cost of ownership over time. Tony Elumelu-owned UBA launches vehicle financing scheme with Mikano Motors.