Action Construction Equipment (ACE) has entered into a Memorandum of Understanding (MoU) with Bank of Baroda to facilitate financing solutions for construction equipment businesses.
The MoU was signed by Manish Handa, VP and Business Head, Earthmoving Equipment Division, ACE, and Dhrubashish Bhattacharya, Head – MSME and Co-Lending, Bank of Baroda.
Under this partnership, ACE customers across the country will have access to tailored financing options provided by Bank of Baroda. This agreement aims to support construction equipment businesses, local entrepreneurs and startups by offering seamless access to financing.
The partnership covers the entire range of ACE’s construction equipment, including backhoe loaders, front end loaders, cranes, graders, compactors and forklifts.
ACE is committed to understand and meet the evolving needs of the construction industry and its customers.