El Camino Resources Announces End of Year Public Funding of Leases in Mexico.
El Camino Resources Mexico has pioneered a number of new methods in the Mexican market for the financing of leases. "A few years back El Camino Resources Mexico was challenged to find a way to finance its activities within the Mexican financial community. Our management, led by David Lopez, did not flinch at the opportunity to show that Mexico could be on its own, without U.S. financial support. They went out and did it and, as a consequence, are now the preeminent independent leasing company in Mexico," noted David E. Harmon, president and chief executive officer of the California-based lessor and technology services provider.
El Camino Resources Mexico has delivered on financing of Mexican businesses and has been very instrumental in assisting in the growth of the Mexican businesses in general. One such client in Mexico is Cemex Mexico, S.A. de C.V., the world's larger provider of cement products to the construction industry delivering throughout a large portion of the world. "El Camino Resources Mexico has been of great assistance to us in providing capital to finance our asset requirements during a time of accelerating growth for us. They respond quickly and are part of our team here in Mexico," reports Senor Max Israel Guzman Juangorena, Treasury and Finance Manager of the company.
El Camino Resources has been servicing Mexican lessees since the early 1990s. It is a leader of the independent leasing businesses in Mexico and enjoys strong relationships with a number of leading Mexican business enterprises and financing institutions. El Camino is focused on multinational companies located in Mexico, as well as companies listed on the country's stock exchange (BOLSA). Its largest account is a recognized leader in Mexican retailing. Since the inception of doing business in Mexico, El Camino has financed over $500 million US dollars of business investment. Its expectations are to accomplish that amount and more over just the next four years.
About El Camino Resources International, Inc.
El Camino Resources International, Inc. (ECR) was founded in 1979 to provide technology equipment leasing/financing and computer trade-in opportunities for businesses and organizations. ECR specializes in mainframes, workstations, client/servers, storage devices and peripheral equipment from such industry leaders as IBM, Sun, and other selected manufacturers. El Camino's sister company, Infinite Computer Group LLC, provides a range of maintenance and information technology services to U.S. companies. ECR's Mexican subsidiary is a general lessor, leasing equipment over a broad range, varying from high-tech computer equipment to low-tech material handling equipment.
El Camino Resources is qualified and prepared to offer quotations for the sale, purchase or lease of new and used information technology equipment. The company has a strong commitment to customer satisfaction and has enjoyed long-standing relationships with companies of all sizes and types.
El Camino Resources is headquartered at 21300 Superior Street, Chatsworth, CA 91311, and can be reached by telephone at 818.226.6600.
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|Date:||Feb 5, 2007|
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