First Lease Finance and Investment Limited (FLFIL), having its registered and operational office is located at Jahangir Tower (3rd Floor), 10 Kawran Bazar C/A, Dhaka-1215, Bangladesh. was incorporated in Bangladesh as a private limited company on June 28, 1993 and the company was subsequently converted into public limited company under the Companies Act, 1994. The company obtained license from Bangladesh Bank under the Financial Institutions Act, 1993 on October - 05,1999. The Company provides lease finance for machinery, equipment, transport, housing etc for both industrial and commercial purposes. It has also introduced term financing in the year 2002 with a view to expand its activities. During the past nine years of its operation, FLFIL has played a major role in producing alternative source of term and capital asset financing to the ‘Private Sector'. First Lease's primary focus has been in the area of 2-5 years term financial leasing with particular emphasis on balancing, modernization, replacement and expansion of existing units. FLFIL Shareholders have upheld their commitment towards the development of the financial service sector by offering high quality services to local entrepreneurs. To ensure steady and long term growth as well as to sharpen its competitive edge in an ever changing and challenging business environment. FLFIL always endeavors to diversify into other financial services, which have long-term prospect. In the year 2001, we expanded our range of services by introducing House Financing. In year 2002 we started financing Taxi-Cab with our continuous drive in introducing new products and success tailored to client's need, FLFIL is well on its way to become the leading multi-product financial institution of the country in coming years.
The company's Authorized Capital is Tk.250 million divided into 2.5 million ordinary shares of Tk. 100 each while Paid-up Capital as on 31/12/2006 stands at Tk. 145.20 million subscribed by the sponsors. The company provides lease finance for machinery, equipment, transport, housing etc. for both industrial and commercial purposes. With a view to expand its activities, It has also introduced term loan financing in the housing sector from the year 2001.During the past fourteen years of its operation, FLFIL has played a major role in producing alternative source of term and capital asset financing to the private sector.