Muktinath Bikas Bank Signs MOU with Autoways Sign Deal for Bull Machine Financing
Summary
Muktinath Bikas Bank has signed an MoU with Autoways Pvt. Ltd. to offer financing for customers buying Bull construction equipment in Nepal. Buyers may receive loans of up to 50% of the invoice value, or up to 80% with additional acceptable collateral.
Key Points
- Muktinath Bikas Bank Limited signed an MoU with Autoways Pvt. Ltd. to finance purchases of Bull Machines in Nepal.
- The bank can finance up to 50% of the dealer’s invoice value using the Bull Machine as collateral.
- Customers with additional acceptable fixed-asset collateral may qualify for financing of up to 80% of the invoice value, subject to credit assessment and lending policies.
