NIB and Srei Equipment Finance launch lending and leasing facility in India
The Nordic Investment Bank (NIB) and Srei Equipment Finance Ltd. (SEFL), a leader in construction and mining equipment financing in India, have agreed on a loan programme for financing the acquisition or leasing of industrial equipment designed or produced in the NIB’s member countries. The loan programme totals EUR 20 million and has a maturity of eight years. The funds from the programme will be used to finance acquisitions and leasing of industrial equipment designed or supplied by original equipment manufacturers (OEMs) in NIB’s member countries to Indian enterprises. “The