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Parfip Lease: 45% growth in 2008

Parfip Lease has seen its European business portfolio quadruple in volume in the past three years.

The Franco-Belgian lessor, who specialises in financing industry security and technology products, reached 200,000 leasing contracts by the end of 2008, worth nearly €300 million. Within three years, the company aims to exceed 500,000 contracts.

In 2007, the company saw a record growth of 80 percent, and continued to grow in 2008, at 45 percent.

Through an automatic scoring system, the small ticket lessor provides financial leasing agreements starting from €750 with flexible terms of between 24 and 60 months.

Although the majority of its clients are based in France, Belgium and Spain, Parfip Lease, created over twenty years ago in France, services customers in 11 European countries.