New scheme for drivers: WesBank will rent cars to Uber drivers who do not qualify for traditional car loans due to a lack of credit history.
JOHANNESBURG: Online taxi-hailing service Uber has agreed a 200mil rand (RM61.41mil or US$14mil) deal with South African vehicle finance provider WesBank to rent cars to drivers who can't afford to buy them, the companies said.
WesBank, which is an arm of lender FirstRand, will rent cars to Uber drivers who do not qualify for traditional car loans due to a lack of credit history.
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