Leasing financing experienced a remarkable year-on-year growth of 121% in 2024. During the second half of the year, the highest number of operations since 2017 was recorded, with a marked boost from both SMEs and large companies. According to the report presented by Leasing Argentina, a total of 14,034 goods were activated in that period, reaching a total of 19,438 assets throughout the year. The leasing portfolio balance of companies in the sector increased to $540 billion by the end of December, reflecting a real growth of 59% compared to June.
In terms of distribution, it stands out that 64% of the portfolio balance was allocated for financing transportation and logistics equipment, 15% for technology and telecommunications goods, 11% for construction machinery, and the remaining 8% for industry and agricultural machinery. This growth in leasing not only consolidates its position as a fundamental financing tool but also contributed to the creation of around 10,100 direct jobs.
Nicolas Scioli, the vice president of the entity, explained that the remarkable increase in the use of leasing in 2024 is largely due to stable economic conditions, low inflation rates, and improved expectations in the country. Ramiro Baré, the president of the association, highlighted that there were clear signs of recovery during the past year, especially in the demand for long-term financing for the acquisition of transportation and logistics equipment, which boosted employment and growth, with a central role played by SMEs.
In summary, the report emphasized that throughout 2024, leasing has accompanied economic recovery and increased investment, providing companies, especially SMEs, with the necessary access to financing for their expansion. With a growing and diversified portfolio, this financial tool confirms its strategic importance for the country's economic growth.
