MAS Financial Services has entered into a strategic co-lending partnership with UCO Bank for lending to micro, small and medium enterprises (MSME). The Co-Lending envisages offering loans to MSME borrowers under priority sector, in compliance with the applicable law(s).
The co-lending partnership will help MAS Financial to broaden its client base and expand the credit flow to the vast unserved and the underserved markets. It will also further strengthen the liability management of the company.
MAS Financial Services is engaged in the business of providing Micro Enterprise loans (MEL), Small and Medium Enterprise loans (SME), Two Wheeler loans (TW), Commercial Vehicle loans (CV) and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.