Aquila Leasing

Debt : February 2010

In Nigeria, like in most African countries, leasing companies start to play a vital role in the expansion of financial markets and SMEs. Aquila Leasing is one of the few sizeable and well-established leasing companies in the country.

Amount

€ 3,828,000.00

Type of investment

Debt

Development impacts

Local economic growth
Financial inclusion

Beneficiary locations

Sub-Saharan Africa: Nigeria

Investment field

Financial Institutions

Activity

Leasing

Organisation

Aquila Leasing

Website

https://aquilagroupng.com/

Domicile

Nigeria

More investments in

Aquila Leasing

Debt € 4,000,000.00 (2015)

Aquila's core business consists of financial leasing targeting SMEs and consumers (individuals, professionals, traders/craftsmen) in specific sectors for which Aquila developed a particular marketing positioning. In addition, Aquila provides short term working capital financing (less than one year) to SMEs and private professionals.

Aquila Capital started its operations mid-2005 as a non-bank financial institution providing financial leasing solutions and asset management services to SMEs and individuals.

BIOs long term debt financing (USD 5 million) will help Aquila Leasing in reaching a critical size and becoming the new leader in the market, thus improving confidence from local banks and local private investors. This way the company will be able to attain easier access to capital markets and bank financing at more attractive conditions.