The MAC Protocol is a treaty that provides an international legal framework for the financing of MAC (Mining, Agricultural, and Construction) equipment with the goal of increasing global investment and productivity in the mining, agriculture, and construction sectors.
The Protocol allows financiers to provide credit in some countries where they are currently unable to do so. In other countries, the MAC Protocol would allow financiers to provide credit at a lower cost. Increasing the availability and lowering the cost of credit will give entities in the MAC sectors better access to high value, technologically advanced equipment.