Garanti Leasing, part of Garanti Group Romania, one of the most active financial groups on the local market, just launched a new product as part of its strategy this year to increase the market share on the auto segment, which is expected to develop at a fast pace.
Auto Rapid is a new offer dedicated to companies and self employed individuals. Customers can access up to EUR 50,000 in order to lease motor vehicles, commercial vehicles or forklift trucks, according to a press release.
With Auto Rapid, Garanti Leasing clients will benefit from fast approval (the analysis is done in less than two hours and the contract can be signed in 24h), relaxed funding conditions, basic documentation and reduced necessary down payment.
By this program, Garanti Leasing targets to reach all cities in the country where the institution 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, General Manager 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.