The Ups And Downs Of The Business Life

By Author: The Ups And Downs Of The Business Life
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Over the years, Leasafric has seen the ups and downs of the business life of leasing. So like the elderly, we have the experience and do understand what your needs as well as your expectations are because we listen to you. Whiles our matured eye visualizes what your requests are, our heart has matured to accommodate whatever transport operational requests you may have…Just do the talking and allow us do the walking….

OUR PRIMARY FOCUS

Our efforts would be in futility except our effectiveness as a service oriented organization is judged by one significant element…CUSTOMER SATISFACTION. It therefore is not accidental that Leasafric can boast of such a unique trademark. Over here at Leasafric, the team understands dedicated service and the unique requirements of fleet operations that give clients VALUE FOR THEIR MONEY.

WHY YOU SHOULD ENTRUST US?

FUNDING???

We have a solid capital base that can service the highest priced/valued facility on the market.

HOW DO WE PULL THAT OFF?

• Leasafric is parented by the only leasing company listed on the Nigerian Stock Exchange, C&I ...
... Leasing Plc, Nigeria.

• We have working relationships with credible financial institutions that are internationally accredited that support the facilities we service. Notable amongst these are: Access, UBA, Stanbic Barclays and Standard Chartered Banks, Golden Cedar and many others.

PROCESS – our easy and shortest process in acquiring a facility gives us a competitive advantage; thus online and walk-in application. Have your brand new vehicle or equipment within 2-3 weeks provided it is readily available in the showroom.

LEASAFRIC GHANA LIMITED was incorporated in March 1992 and commenced business in April 1994. The Bank of Ghana subsequently licensed it in August 1994 as a non-bank financial institution to carry out the business of finance leasing as its principal business. Leasafric has since then been running an Asset Finance business using the technique of finance leasing.

The company was founded by a Ghanaian entrepreneur who pulled together a team of investors comprising a venture fund, two local banks, an insurance company and three other individuals to provide the start-up equity. The founder, Mr. Seth K. Dei initially held 15% of the shares and was for eleven years the Chief Executive of the company before retiring in March 2005.

The shareholding of the company has evolved over the years. Ghana Venture Capital Fund, which initially held 20% of the shares came to term and sold out in August 2003. In December 2004, another investment fund Aureos West Africa Fund bought into the company to take a 51.28% stake, pushing the founding shareholders into minority position. Some shareholders exercised their share warrants in September, 2006 which brought the Aureos holding to 48.06.
In August 2007, Aureos West Africa Fund and Ecobank Ghana Limited, holding between them 59.05% shares, sold their shares to C & I Leasing Plc, Nigeria. Aureos West Africa Fund subsequently bought out other shareholders totalling 17.58%. Aureos West Africa Fund sold their shares of 17.58% to C & I Leasing Plc in March 2012. In June 2014 West Africa Emerging Markets Growth Fund bought shares.

For more details on our products and services, please feel free to visit us at Finance Leasing, Personnel Outsourcing, Fleet Management, Vehicle Tracking Installa&Job Provider