| Tank container leasing giant EXSIF
Worldwide has formed a strategic alliance with UK-headquartered
container financing operation CG Capital, under which CG Capital
is providing long-term financing arrangements to EXSIF’s
clients seeking such financing. CG Capital’s arrangement
with EXSIF is CG Capital’s first venture under its “Vendor
Programme,” which effectively enables lessors to outsource
their finance offerings. CG Capital says it is seeking out other
lessors interested in joining the Vendor Programme. |
| “We think we are offering something
very different to the market – competitive financing to
tank operators and chemical companies, but with a knowledge
of the industry,” says Rob Hawking, marketing director
of CG Capital. “One of the key problems in this market
is that a lot of traditional banks don’t understand the
equipment. But what we’ve done is form relationships with
partner banks and persuaded them through our industry knowledge
to arrange financing with more flexible structures than the
traditional deals.” |
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