Singapore, 23 March 2021 – Ramping up efforts to push Singapore towards being a green and sustainable city, Hong Leong Finance (HLF) has today announced the launch of the nation’s first green vehicle financing initiative for vehicle rental companies.

This new initiative comes in two parts. Firstly, HLF is offering the Vehicle-Green Loan at a competitive rate as low as 1.5% per annum up to seven years to steer the vehicle rental sector towards green vehicles usage. This package is available for fully electric vehicles (EVs) and hybrid vehicles (a combination of a petrol engine with an electric motor).

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