Sunlyn, backed by Sasfin, has announced its acquisition of Capitec Rental Finance, a strategic move aimed at enhancing its position in South Africa's rental finance sector and providing better support to equipment suppliers.

Capitec says the business no longer fits its strategy but will continue funding its portfolio of rental finance agreements through a R1.6 billion credit facility.

Sunlyn, backed by Sasfin, has announced its acquisition of Capitec Rental Finance, a strategic move aimed at enhancing its position in South Africa's rental finance sector and…

Sunlyn, a key player in South Africa's rental finance sector, announces its acquisition of Capitec Rental Finance, aiming to enhance service delivery and strengthen its market…