FRNLEN   
Structure of the market

There is a wide range of leasing companies for the prospective lessee to choose from and his business is pursued aggressively.
The major companies are subsidiaries of local Belgian banks. Their portfolios consist predominantly of medium and small-ticket leases, a large percent of which are written with the service industries.

There are also product-specialised companies, in particular car and vehicle leasing companies and computer leasing companies.
Vehicle leasing companies are often, but not always, owned by large motor-manufacturing companies and, to a lesser degree, major motor distributors.
Computer-leasing companies will either be captives or more independent.

The Belgian Leasing Association was founded in 1972, about ten years after the launch of leasing in Belgium. The Association has been studying and examining the many problems which have arisen since then in respect of leasing. Research is carried out in consultation with the members of the Association.

In the course of 2002, several Belgian professional associations involved in financial business amongst which the Belgian Leasing Association, decided to found an umbrella association (FEBELFIN). This offers the Belgian Leasing Association the opportunity of relying on a greater organization in order better to protect and promote the leasing product and consequently the clients of the leasing companies.

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