SQN Latina and KMEX Leasing announced the combination of their leasing services.

The companies had been working closely together to provide leasing services to companies in Mexico, but with different focuses. SQN Latina was focused on providing Mexican peso lease financing to small- and medium-sized companies, while KMEX Leasing was focused on U.S. dollar financing to U.S. companies’ subsidiaries in Mexico. The full range of manufacturing equipment leasing services will now be offered under the SQN Latina banner, with Kevin O’Gara heading up marketing efforts to U.S. companies and equipment vendors.

“This combination increases our ability to provide equipment financing to US manufacturers operating in Mexico, an underserved market, and makes us a key asset to equipment vendors as we can effectively finance all types of customers they have in Mexico,” said Charles Zentay, CEO of SQN Latina.

SQN Latina provides mission-critical equipment leases to medium sized industrial businesses throughout Mexico as well as to manufacturing companies in the U.S. and Canada that have, or are moving, production to Mexico.