BRD Sogelease grants funding worth 225m euros

BRD Sogelease, the local leasing division of the French group Soci?t? G?n?rale, last year granted funding worth 225 million euros, up 29% on 2006.
45% of funding went towards the acquisition of commercial vehicles, 19% to cars, 16% to industrial, medical and farming equipment, 3% for IT equipment and 1% to real estate equipment. “In BRD Sogelease’s portfolio, equipment funding, particularly for constructions equipment, is a very dynamic segment, and we intend to preserve this growth, making full use of the knowledge we have acquired since entering this market. Obviously, this increase will not affect funding for other types of goods,” said Daniela Davidescu, the company’s commercial manager. BRD Sogelease ended last year with 3,800 contracts, up 12% on 2006.