In August 2000, Loita acquired 100% of the Industrial Credit Company (ICC) in Zambia, the leading leasing finance institution in the country. Based in Ndola on the country's copper belt, ICC Zambia continues to excel in its core business of leasing finance, while also expanding its operations, particularly in Lusaka, to include investment-banking products to the many corporate its serves.

A new leasing unit, Industrial Credit Company South Africa (Pty) Ltd (ICCSA) was incorporated in 2003, and has already achieved success in niche market leasing transactions within South Africa. ICCSA assists primarily the emerging Black Empowerment Companies whilst developing Previously Disadvantaged Individuals in the Small and Medium sized enterprises segment. The transactions are meticulously structured so as to mitigate any risks that would be apparent in this burgeoning sector of the South African market.

What we do
In leasing with Loita, we strive to ensure that specific markets are serviced with specific products. We are able to tailor make our lease products to suit your requirements from:-

• Standard leasing products to focus on your core business to
• Money market instruments which will make money on your money to
• Factoring where your debts are minded so you can mind your business to
• Insurance Premium financing which assists the cash flow and the stability of the business to
• Balloon leases which assist with tax structuring of your leases to
• Islamic leases which ensures that you have considered your ethics and religion and financial requirements to
• Operating leases because your leasing requirement is urgent and you cannot wait forever for an approval to
• Maintenance leasing because fleet management as internal arrangements is becoming a thing of the past and finally to
• Empowerment leases assisting emerging Black Empowerment Companies and developing Previously Disadvantaged Individuals in the Small and Medium sized enterprises segment.

Exemplary Transactions
South Africa
Zambia 
 

Contact
For more information about Loita’s leasing team in Zambia, contact Mr. Paul Richards, General Manager at prichards@loitaicc.co.zm and in South Africa, contact Mr. Tladi Ramushu, Vice-President, at tramushu@loita.com