ORIX METRO stays ahead in providing expert leasing solutions

The leasing and finance industry in the Philippines is making even greater strides, benefitting from historic developments ushered in by the country's sustained economic growth since 2010. Well-positioned to take advantage of these market opportunities is veteran leasing company ORIX METRO Leasing and Finance Corp. 

A joint venture between Metropolitan Bank and Trust (Metrobank) and ORIX Corp from Japan, ORIX METRO has capitalised on the strengths of its parent firms to differentiate itself as a comprehensive provider of expert leasing solutions with a strong provincial market presence.

"We mainly attribute our growth to our aggressive provincial expansion," says Fumihiko Sato, director. "We were able to quickly expand our network from just six in 2000 to the current 66 branches, thanks to the good relations between ORIX and Metrobank." 

Metrobank, a premier universal bank and among the foremost financial institutions in the country, lends its franchise strength and in-depth knowledge of the domestic market to ORIX METRO. Overseeing operations is ORIX, a global financial force renowned for its leasing expertise.

Launching commercial operations in the 1970s, ORIX METRO is among the industry pioneers that invested resources to educate the market about the advantages of leasing over traditional bank loan products. As leasing became more widely accepted, the company's offerings became more diverse and now include financial leasing services for trucks, heavy equipment, industrial machinery, office equipment, medical equipment and other types of personal properties. It also offers mortgage loan facilities for vehicles and all kinds of equipment, receivables financing and pre-owned car loans. ORIX METRO extends flexible and convenient financing terms for its loans and affordable rental rates that are unaffected by inflationary factors.

Through wholly owned subsidiary ORIX Rental Corp, the company provides long-term, full-service operating leases of motor vehicles, computers and materials handling equipment. Another subsidiary, ORIX Auto Leasing Philippines Corp, offers car rental services and hotel and limousine services.