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International Monetary and Financial Committee

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Although the banks show excess liquidity they are unwilling to extend long-term equipment loans. The leasing companies have the opposite problem; they provide long-term financing on equipment, but lack sufficient capital to meet the market demands. An intervention by the DCA becomes viable for leasing only when an outside source of funds (private sector or an internationally strategic investor) is willing to make a capital investment (debt/equity). One of the most widely used sources of financing for leasing is credit lines. In fact, OPIC approved a $1 million credit line for GLC, in September...
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International Monetary and Financial Committee

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