Summit Capital gunning for 10% share of bike hire-purchase business
Summit Capital is revving for a larger slice of the motorcycle hire-purchase market next year, after outpacing the Covid-19 downturn with an impressive performance in the first nine months of 2020.
Its business grew 3.85 per cent from the same period in 2019 with 274,817 motorbike hire-purchase contracts.
The company is now targeting a 10 per cent share of the market next year, after seeing it rise from 7.3 per cent in 2019 to 8.8 per cent this year.
Summit Capital also aims to add three to six more outlets next year to the 37 branches it currently operates nationwide.
