Parex Leasing and Factoring (Latvia)

Parex Leasing and Factoring is a fully owned subsidiary of Parex banka. Established on August 10, 2005, the company has commenced its operations in March 2006. Currently, the company is providing the full range of leasing services on the Latvian market. The clients are served by 41 qualified leasing professionals. Although Parex Leasing and Factoring has only entered the leasing market in the beginning of 2006, the company has already gained good positions in Latvia. The company’s market share in terms of new contracts reached 4,85 % after just two years of operations. The clients have already realized the advantages of the company’s outstanding service offering and the tailor-made approach to each and every client.

Parex Leasing and Factoring offers an opportunity the freely choose the term of leasing contracts (up to 7 years), the proportion of financing (up to 90%), as well as the rate (flexible or fixed) and the currency (LVL, EUR or USD).

Parex Leasing and Factoring is the best partner for all your leasing needs!

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