Garanti Leasing launches Auto Rapid for finance of up to EUR 50,000

Newsroom 15/04/2015 | 11:25

Garanti Leasing announced on Wednesday the launch of Auto Rapid, a new offer dedicated to companies and self-employed individuals. Thus, according to a press release issued by the bank, customers can access up to EUR 50,000 in order to lease motor vehicles, commercial vehicles or forklift trucks.

Among the benefits offered by Auto Rapid, there is the fast approval – the analysis is done in less than 2 hours and the contract can be signed in 24h -, basic documentation and reduced necessary down payment.

“The launch of this new product is part of our strategy this year of increasing our market share on the auto segment, which is expected to develop at a face rate, and we target to reach all cities in the country where Garanti is present. In 2015 we will further focus on improving our offer, as to address all our customers with leasing products and services tailored to their specific needs,” stated Okan Yurtsever, the general manager of Garanti Leasing.

The distribution of new assets funded by Garanti Leasing in 2014 was: vehicles (54 percent), equipment (32 percent) and real estate (14 percent). At the end of 2014, the company achieved a net profit of RON 11.1 million (EUR 2.5 million).

Garanti Leasing is part of Garanti Group Romania since 2010, one of the most dynamic and innovative financial groups on the local market.

The company has disbursed over EUR 730 million for assets under finance leases and entered into over 41,000 lease contracts since its inauguration, currently operating from 7 offices and creating synergies with Garanti Bank’s 84 branches.

Staff

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