Nuevva is looking for leasing companies with experience in captive vendor leasing to help expand its Afrilease project in Africa. Afrilease is a project designed to support Fortune 500 vendors that are looking to do more business on the African continent. Captive vendor leasing provides all of the traditional advantages of leasing products, such as cashflow to lessees, greater deal flow to vendors, and tax and balance sheet advantages to all parties. Through leasing, vendors are able to close more business deals more quickly and with greater ease. Through Nuevva’s Afrilease , vendors can discover and approach markets in which they were previously unknown or had limited presence.
Nuevva is currently finalizing vendor arrangements in the heavy equipment and automotive industries for a wide range of African countries. With no geographic restrictions, Afrilease is an attractive way for ambitious vendors to enhance their capabilities in Africa.
In the traditional business environment, there is no pan-African vendor leasing programme that works for any vendor, in any African country. With the explosion of business opportunities in asset sales throughout the continent, vendors are scrambling to position themselves to take advantage of strong demand. Afrilease is the only programme that has been designed exactly with those ambitions in mind. Afrilease has been designed specifically for vendors that want to be able to take advantage of African demand, African market entry opportunities, and limitless geographical scope.
Ultimately, Nuevva hopes that Afrilease will increase the availability and lower the cost of capital equipment in African markets, improving prospects for sustainable development.
If your leasing company is interested in increasing its portfolio in Africa, please contact us today on firstname.lastname@example.org.