LEAGUE ONE FINANCE AND LEASING CORPORATION offers financial services through Mortgage Loan and Finance Lease, covering, but not limited to : trucks, heavy equipment, industrial, and office equipment.  Aside from loans and leases, we also offer Floor Stock Financing for select truck dealers.

LEASING AND FINANCE

  • Chattel Mortgage Loans –A mortgage loan against movable personal property (the chattel). The lender then secures the loan with a mortgage over the chattel. Legal ownership of the chattel is transferred to the borrower/customer at the time of purchase with lender putting a lien over the property, and the mortgage is removed once the loan has been repaid.
  • Assignment of Long Term Receivables – Enables the borrower to generate cash through the sale of their existing installment sales contracts on a discounted basis. 
  • Assignment of Short Term Receivables – This involves the sale of short term receivables, for 1 year and below, by other business organizations  on a “with” or “without” recourse basis supported by required documents of customers.
  • Floor Stock Financing – A Revolving Credit Line for dealers/suppliers of motor vehicles secured by the inventory (motor vehicle) purchased as the collateral. Drawdown on the Revolving Credit Line is short term in nature and curtailment schedules will vary, but generally principal repayment shall be made on each vehicle every 60-90 days.
  • Finance Lease Receivables – Finance Lease or a Capital Lease is a type of lease in which a finance company is typically the legal owner of the asset during the duration of the lease, while the lessee not just has operating control over the asset, but also has a substantial share of the economic risks and returns from the change in the valuation of the underlying asset.

League One Finance and Leasing Corporation is a proud member of the    Philippine Finance Association. 

We are an accredited financing company of the  auction   United Auctioneers Inc.

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