Company facilitates the purchase of vehicles, machinery and equipment with a credit mechanism that is very different from the traditional one.
With the aim of providing agile financial solutions to all customers, Total Leasing and Puentes & Portafolios will now have the trading name Total Finco, under which they intend to expand the portfolio of financial products.
The services provided by Total Finco are flexible and fast through a portfolio of products such as leasing, medium-term real estate credit and financing for the import of inventories.
Leasing is a financing instrument that allows customers to offer a different option to traditional loans and therefore they can acquire assets for their operation such as vehicles, machinery, technological equipment, among others.
“These instant financing options are tailored to customer needs and with these solutions your business can be strengthened through working capital support for inventory purchase, project financing with collateral and ease in acquiring assets “, highlighted Jose Pablo Azofeifa, Commercial Director of Total Finco.
Read more: Loan, Rent or Lease, Which is Best for Me?
They are specific products with a focus on need, so there is a high level of flexibility in the structure to be able to provide a bespoke solution for the customer.
They also have a real estate loan which provides medium-term concessions (up to 24 months) with monthly payment of interest and capital at maturity guaranteed by a property withdrawn for no more than 50% of its value.
“This facility aims to solve the investment needs of all clients who wish to develop a project while reaching the maturity necessary to cash it and then repay the loan,” said Azofeifa.
Read more: In times of uncertainty, protect your business with leasing for your fleet of vehicles
Small to medium-sized businesses will also be eligible for an Inventory Import Credit, which is a specialist product for the importing industry, where it provides a short-term credit solution to finance the purchase of inventory internationally and same inventory as collateral at 70% of cost.
target customer
Having an up-to-date legal status, balance sheet and company profile are the requirements to be able to opt for these financial services and companies will benefit from:
• Telecommunications
• Services
• Trade
• Industry
• Building
• Transportation
• Breeding and agriculture
• Health
