DUBAI, December 15, 2014 – Linklease today announced the official launch of its organisation to pioneer leasing as a mainstream alternative to traditional equipment financing for SME businesses across the Middle East. It has been founded in response to the frequent challenges SMEs face in gaining access to finance for asset acquisition, cumulating in a $USD 40 billion regional credit gap.
Steve Williams, Founder and Chief Executive Officer, Linklease said, “I am very excited to bring equipment leasing on a large-scale to SMEs across the Middle East through the launch of Linklease. We are committed to ensuring SMEs get the equipment they need whilst reaping the benefits of leasing, particularly by keeping their valuable cash and credit lines free.”
“We see our role as being more than just providing affordable leasing products because Linklease is ultimately about institutionalising a new level of choice, innovation and competitiveness within the Middle East’s financial services industry.”
Aligned with this ambition, Linklease also provides investment opportunities for global fixed income investors. This includes connecting institutions looking to participate in the regional SME equipment leasing market with Linklease’s clients.
As its initial product offer, Linklease will provide conventional and Sharia-compliant leases on new and used equipment, as well as sale and lease-back agreements and equipment management services. It will service a broad range of industries including construction, energy, healthcare, logistics, manufacturing and printing.
Linklease is the Middle East’s leading SME equipment leasing company. Established in 2014 and headquartered in Dubai, its ambition is to provide SMEs across the region with an alternative to traditional sources of equipment finance whilst facilitating opportunities for global fixed income investors. With a leadership team backed by 25 years of specialist experience in SME financing, Linklease provides new and used equipment leasing, sale and lease-back agreements and equipment management services to a broad range of industries.