ALGO Leasing and Finance, Inc.
ALGO Leasing and Finance, Inc. (ALGO) was incorporated in June 2007. The company is majority owned by Mr. Antonio L. Go, the former Chairman of Equitable PCI Bank, the third largest bank in the country during that time. Mr. Go was also the Founder and President of Equitable Card Network Inc., which was established in 1989, and was then the largest credit card issuer and acquirer in the Philippines until 2005. It was the only card issuer which carried the four major global credit card brands, namely VISA, MasterCard, American Express and JCB. He was a director and member of the Executive Committee of Visa International Worldwide. He served as Chairman of Visa International Asia-Pacific Board from 1998 to 2005 and was a director since 1980.
ALGO is an Equicom Company. It has an authorized capital of
P800 Million
ALGO offers a suite of competitive financial products and provides convenient processing to the small and middle-sized enterprises – its chosen market segment. With a workforce which consists of seasoned and competent leasing and financing professionals, the company will take advantage of the latest, state-of-the-art information technology, particularly in areas such as product development, market scanning, and risk management to serve its chosen market. The company is committed to develop new products and services to help small and medium enterprises grow and prosper. ALGO is gearing up to be a viable and responsible medium-sized leasing and financing company in the immediate term.
Products & Services
∙ Leasing
Financial Lease Transactions: Direct Lease and Sale/Leaseback
∙ Commercial Loans
Secured short and medium term business loans
∙ Consumer Loans
Secured individual loans in the form of brand new and pre-owned
car program.
Doctors’ loan program for medical equipment acquisitions
∙ Term Contract Discounting
Discounting of trade receivable
ALGO currently serves Metro Manila, key provinces outside Metro Manila, and the whole of Luzon. |
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Board of Directors
Antonio L. Go
Chairman
Rene J. Buenaventura
Vice Chairman
Nelia V. Carlos
Josephine R. Lopez
Atty. Marian Joanne K. Co
Corporate Secretary
Key Officers
Nelia V. Carlos
President & CEO
Josephine R. Lopez
Treasurer
Atty. Marian Joanne K. Co
Corporate Secretary
Constante C. Lapuz
Executive Vice President & COO
Glenn C. Penetrante
Assistant Vice President, Marketing
Main Office
ALGO Leasing and Finance Inc.
Ground Floor, ODC Building, 219 Salcedo Street, Legaspi Village, Makati City 1229
Tel. Nos.: 893. 8843,817. 9847, Telefax: 893 9141
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