Arrendadora Financiera

Arrendadora Financiera S.A., is a subsidiary of Banco Agricola, created in December 2001, starting operations since September 2002 with the enactment of the Financial Leasing Law, providing this way, a new form of financing for our customers. The Financial Leasing is established through a contract whereby it commits to grant the use or temporary enjoyment of a good to the lessee, biding him to pay a periodic rent that covers the original value of the property, plus the financial load, and additional expenses that the contract contemplates, according to Art 2. of the Financial Leasing Law. The lessee, by the end of the stipulated term, will have the option to buy the property at a price previously agreed in the leasing contract, give it back or extend the term of the contract for subsequent periods.