A strategic agreement between Quantum Energy and I-Loan, a prominent green-only lending company that is a member of the LoanTap Group, has been announced. By improving accessibility and affordability for consumers throughout India, this partnership hopes to increase the number of people who can buy Quantum Energy’s wide variety of EV two-wheelers, which include the well-liked Plasma, Milan, and Bziness models. From regular city commutes to corporate logistics, these scooters meet a wide range of commuting needs, increasing the viability of sustainable mobility for Indian consumers.
Customers of Quantum Energy will be able to choose from a variety of flexible repayment options with I-Loan. By eliminating the need for large upfront payments, these customized financing options enable a wider range of people to acquire electric scooters without experiencing financial hardship. The goal of the partnership is to ensure a speedy and hassle-free purchase experience by streamlining the entire financing process, requiring little paperwork and loan disbursements within 24 to 36 hours. Another level of trust is added to the process by the fact that I-Loan’s solutions have no hidden fees or foreclosure charges and that client data is protected and secure.
“This partnership with I-Loan is a crucial step in expanding our retail financing capabilities, ensuring that our electric scooters are more accessible to the average Indian consumer,” said Mrs. Chakravarthi C., Managing Director of Quantum Energy, in reference to the relationship. We can provide our clients with the flexibility they require to switch to environmentally friendly transportation without having to worry about up-front expenses thanks to I-Loan’s wide range of financing alternatives. We have no doubt that this will increase our market share and forward our goal of assisting India’s green transportation revolution.
“We are thrilled to collaborate with Quantum Energy, a business that shares our vision for a sustainable future,” continued Rajeev Das, CEO of I-Loan (LoanTap Group). At I-Loan, we’re dedicated to offering creative lending options that meet our clients’ various demands. With this collaboration, we hope to streamline the electric vehicle buying process by providing flexible payback plans, little paperwork, and speedy loan approvals. We want more Indians to have access to and be able to finance the transition to electric mobility, rather than merely having the option.
I-Loan will also give Quantum Energy dealers the resources and instruction they need to properly market these financing options in order to strengthen this partnership. Along with on-the-ground assistance from I-Loan’s field team, dealerships nationwide will be outfitted with QR codes for quick and simple loan access. Dealerships can easily incorporate financing into the sales process thanks to this hands-on approach, which enhances the overall client experience. Quantum Energy is ideally positioned to expand its electric two-wheeler options and take advantage of the rising demand for sustainable mobility solutions thanks to its wide network of dealerships in states like Uttar Pradesh, Tamil Nadu, Andhra Pradesh, Bihar, etc.
