SG Equipment Finance at a glance - 2007
By launching its activities in the United States and building up its subsidiaries in Russia, Ukraine and China, SG Equipment Finance is consolidating its ongoing expansion and now operates in 23 countries worldwide.
In 2007 SG Equipment Finance's various entities benefited from the strong European economy and continued to increase their new business. As a result of the implementation of our strategy, we achieved robust growth rates in the financing and leasing of construction equipment, office equipment, high tech and industrial equipment.
The key drivers of this success were once again our business relationships with leading international vendors. This close and coordinated collaboration, based on
Partnership, provides firm foundations for our international growth. Our clients benefit from having a partner that offers a standard, professional service in all the countries in which we operate.
SG Equipment Finance once again generated encouraging growth, originating new business worth 10 billion €. This business was spread across a wide range of financing and leases, from small-ticket flow business to big-ticket deals.
The number of newly originated agreements rose from 126,000 to 209,000 and is positive proof of the broad diversification of our operations. The volume of managed
assets grew to over 21 billion € by the end of 2007 in line with the increase in new business.
Our consistent growth is based on several factors. These include our distinctive corporate culture, our cross-selling activities, the transfer of know-how, our in-depth knowledge of local markets and, last but not least, our successful integration of the companies we have acquired in recent years to strengthen and expand our international network.
Please find further information in our brochure "SG Equipment Finance at a glance - 2007".