captive arm of Volvo Group, is set to expand its operations
internationally, starting with a launch in Chile.
Financing the purchase of the Group’s infrastructure equipment
in Chile, VSF aims to support Volvo’s general sales, particularly
for mass transport vehicles such as buses, which is a popular
sector in Chile. Volvo will also offer equipment for construction
in transport infrastructure, mining, water network and lumber
transport.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
VSF President and CEO Carl-Gustaf Hornestam said: “The product
that we will offer here in Chile is financing for clients to
purchase the equipment.”
VFS already provides services in Brazil and Mexico, where it
offers additional products such as insurance. In Chile VSF will
concentrate on finance leasing predominantly and instalment
loans.However, VFS will not finance intermediate buyers who plan to
lease or hire the equipment.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
