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LBP Leasing and Finance Corporation


Business Address

15th Flr., Sycip Law Center 105 Paseo de Roxas St., Makati City, Metro Manila

Contact Email


Telephone Number


Fax Number


Contact Person

Mr. Francisco J. Leonor, Jr.



LBP Leasing and Finance Corporation (LLFC) was created in line with Section 21-A of Republic Act 337 or the General Banking Act that allows Banks like Land Bank of the Philippines (LANDBANK) to invest in established companies with allied undertakings such as leasing and financing activities.

The Corporation was created by LANDBANK to provide support to the Bank and its clients in the form of financial and operating leases.  Its primary purpose is “to engage in leasing of all kinds of equipment, extend credit to industrial, commercial, agricultural and other enterprise and engage in financing of merchandise in all their various forms”.  LBP Leasing and Finance Corporation makes available various leasing and financial facilities that support priority sectors in the acquisition of equipment and other capital assets as well as in providing working capital to expand, upgrade or modernize their operations.

LLFC was registered with the Securities and Exchange Commission (SEC) on March 17, 1983 as a fully-owned subsidiary of LANDBANK with an initial paid-up capital of Two Million Nine Hundred Pesos (P2,000,900.00) and was granted the authority to operate as Finance Company on March 18, 1983. 




  1. Financial Leases

Finance Lease is a credit facility where LLFC (lessor) acquires fixed assets based on the requirements/needs of the client (lessee) which are then leased by the client (Lessee) from LLFC (Lessor) through payment of periodic lease amortization. The benefits and risks of ownership of the assets are transferred to the lessee at the end of the term.  This facility allows enterprises to acquire equipment, motor vehicle, lot and building and other equipment, to expand, upgrade or modernize their operations. It also enables enterprises to match financing terms with the earning potential of the capital asset, preserve working capital and credit lines and address existing or current budget limitation.

2. Operating Leases

Operating Lease is a credit facility where the client (lessee) makes rental payments to LLFC (lessor) for the use of an asset over a fixed period (normally, more than a year). Under the facility, LLFC retains the benefits and risk of ownership of the leased asset. At the end of the lease term, the lessee may opt to renew the lease, purchase the asset at its fair market value or return the asset to LLFC.

  • Variants of Leasing Facilities
  • Net Service Lease
  • Full-Service Lease
  • Semi-Service Lease 
  • Non-Revolving Financial Lease
  • Revolving Financial Lease 


  1. Equipment Financing Line

This facility provides medium or long-term financing to clients and may be granted to provide funding for the acquisition of equipment or other capital assets to be secured by the object to be financed and or for the improvement of client's equipment/asset that may contribute to the expansion and improvement of their business which will be secured by chattel mortgages.2.

       2. Purchase Orders/Receivables Financing Line

This facility provides clients with a source of funds through financing of Receivables or Purchase Orders/Contracts. It is secured by assignment of outstanding receivables that are duly acknowledged/confirmed for products and services that had been delivered and accepted or confirmed or Purchase/Job Orders from established corporate or institutional customers to purchase materials and pay for other expenses needed to deliver the goods and services that are the subject of the purchase orders/contracts.

       3. Short-Term Credit Line

This facility provides clients with a source of funds to finance short-term working capital requirements. This facility is provided to existing clients with good track record.


  • Special lease and credit programs may be developed by LLFC in partnership with asset suppliers or other institutions to facilitate the processing and implementation of lease or credit facilities for identified sectors.
  • Special Financing to Support Government Programs
  • Anchor-Based Financing Programs
  • Vendor Partnership Financing Programs
Board of Directors / Officers
  • Dir. Alex V. Buenaventura - Chairman
  • Dir. Silvestre M. C. Punsalan Jr. - Vice Chairman/Member
  • Dir. Manuel H. Lopez - Member
  • Dir. Edward John T. Reyes - Member
  • Dir. Joel R. Caminade - Member 
  • Dir. Francisco J. Leonor, Jr. - Member 
  • Dir. Fritz M. Salazar - Member 
  • Dir. Roberto U. Teo - Member 
  • Dir. Conrado S. Miñano, Jr. - Member 
  • Dir. Leticia V. Damasco - Member
Executive Committee
  • Joel R. Caminade - Chairman 
  • Edward John Reyes - Member 
  • Francisco J. Leonor, Jr. – Member
  • Roberto U. Teo – Member
  • Manuel H. Lopez - Member
Corporate Governance Committee  
  • Chairperson-vacant 
  • Silvestre M. C. Punsalan Jr. - Member 
  • Leticia V. Damasco -  Member 

Risk Management Committee
  • Edward John T. Reyes - Chairman 
  • Leticia V. Damasco - Member 
  • Conrado S. Miñano, Jr.- Member
Audit Committee
  • Fritz M. Salazar - Chairman
  • Silvestre M. C. Punsalan Jr. – Member
Related Party Transaction
  • Silvestre M. C. Punsalan Jr. – Chairman
  • Fritz M. Salazar – Member
  • Conrado S. Miñano, Jr.- Member
Corporate Officers
  • Manuel H. Lopez - President/CEO 
  • Riza M. Hernandez – Treasurer
    •  VP/Head-Account Servicing Group 
  • Ma. Lourdes G. Gonzaga - VP/Head-Corporate Services Group
  • Fidelito G. Magno - VP/Head-Account Management Group  
  • Atty. Marla A. Barcenilla - Asst. VP/Legal Counsel
    • Acting Corporate Secretary
  • Raizza L. Gonzales - Asst. VP/Head-Risk Management Unit
    • Data Protection Officer
  • Luz M. Narciso - Sr. Manager/Head-Internal Audit Unit & Compliance Officer (concurrent) 


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Where to find us?

Find us! We have 384 Branches, 44 
Lending Centers and 1,913 ATMs
(as of 31 August 2018) nationwide.