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ATM leasing for Luzon based thrift Bank

Project Description

As part of an ambitious expansion strategy and to improve the customer experience, a Luzon based Bank engaged with Finacore to finance the roll-out of more than 50 ATMs for their new to open locations in and around Metro Manila. In close cooperation with an international ATM supplier, Finacore upgraded previously leased ATMs to the latest EMV compliance standards. Together with partner Evisan Logistics, where the ATMs were safely stored, Finacore transported and installed the ATMs at over 50 locations in the region. Next to the Lease of the ATM hardware, Finacore finances the complete preventive and on-call maintenance delivered by a fully trained specialist technical team from Evisan Logistics. The package allows the Luzon based Bank to quickly expand their ATM network, reduce their CAPEX and manage the operating cost of their ATM network better.