By 121 News
Chandigarh 04th May:- Construction equipment owners now have a reason to celebrate again. Srei Equipment Finance Limited ("SEFL"), one of India's largest equipment solution providers, has introduced a unique equipment exchange finance platform which will allow construction equipment owners an opportunity to exchange their old equipment for new ones and avail attractive financing solutions.
The exchange finance platform, 'Smart Exchange Finance', is a first-of-its-kind initiative which enables owners to replace their existing equipment with those having higher productivity, better technology and improved fuel efficiency. This financial assistance initiative will provide equipment buyers and sellers a market place on one single platform.
SEFL in association with JCB India unveiled the exchange finance platform in Jaipur, Rajasthan, enabling owners of JCB equipment to exchange their old equipment for new ones. SEFL provided one-stop financing assistance to the seller and the buyer for their new and old equipment at attractive terms and conditions.
Commenting on the occasion, Devendra Kumar Vyas, CEO, SEFL said that we have conducted an innovative exchange finance programme. The phenomenal response highlights the need for such an event. It also gives us an opportunity to connect with customers on a continuous basis offering them an opportunity to exchange their old equipment for new ones with our financial assistance. Pre-owned construction equipment market in India is largely unorganised and our initiative helps buyers acquire used equipment at a fair value by directly interacting with the sellers.We believe it is a win-win situation for all customer segments, OEMs and Asset Finance Solution providers, like ours.
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