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BMO exiting retail auto finance trade

Baua Electric

The Store of Montreal is exiting the retail auto finance trade, because it seems to redeploy sources to farmlands the place its “competitive positioning is strongest.” The Montreal-based lender will stop making client car loans, however proceed providing financing for sellers, BMO spokesperson Jeff Roman showed Sept.

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Mullen secures $150 million financing deal, production Bollinger is a go

Baua Electric

Mullen received a $100 million financing commitment from an undisclosed family office and sold an additional $50 million of senior secured convertible notes to both family offices and high net worth investors. FTC: We use income earning auto affiliate links.

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Revamp Moto partners with loan providers for 2W financing solutions – ET Auto

Baua Electric

The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.

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Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional

Baua Electric

Cholamandalam Investment and Finance Company Limited, a major participant in India’s vehicle financing sector, reported a significant surge in demand, particularly in rural markets. The post Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional appeared first on Bauaelectric Auto News.

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Renault India joins with Bajaj Finance to offer financing solutions to its customers – ET Auto

Baua Electric

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. New Delhi: Renault India Pvt Ltd. an arm of Bajaj Finserv Ltd. , an arm of Bajaj Finserv Ltd. ,

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Ashok Leyland signs MoU with South Indian Bank for dealer financing | Autocar Professional

Baua Electric

Ashok Leyland, the flagship company of the Hinduja Group has signed an MoU (Memorandum of Understanding) with South Indian Bank for financing dealers under the Bank’s dealer finance program. Under this partnership, the Bank will provide competitive dealer finance options to the dealers of Ashok Leyland Limited.

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Bank of America introduces new EV financing bundle with auto loans and charging

Electrek

Bank of America revealed Wednesday a new bundle program allowing EV buyers to finance their electric vehicle chargers alongside their auto loans. more… The post Bank of America introduces new EV financing bundle with auto loans and charging appeared first on Electrek.