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This company, which specialises in providing financial solutions for businesses and businessmen within the gaming sector, has its headquarters in Germany and has a direct presence in various countries with branches that operate autonomously, in each case applying the criteria that are most suitable for each market.
In the case of Spain, the company is headed by Manuel Torres, an executive whose youth belies his profound knowledge of a sector about which he is passionate and in which, in his own words, "every day we must take important decisions and every day we must learn something new".
The first contact Manuel Torres had with the Private Gaming Industry was when he worked for the Gauselmann Group. After living and working in Germany for 28 years he then had the opportunity of coming to Spain as Manager of MERKUR, taking responsibility for the firm's arcade business. It was a year of very hard work, Manuel Torres acknowledges, with no regular hours or days off until he had succeeded in setting up four arcades in which he implemented new ideas, overcame administrative difficulties and made such good progress that the German Headquarters put him in charge of a new mission in Romania which finished up with him expanding the German company's business in the Russian market. All of which is an extraordinary background which together with his personal skills and his step by step approach, means that today this professional is able to offer his specialised knowledge to Spanish industry from FGL LEASING. A sure bet for the Spanish market that according to Manuel Torres "one has to know at first hand and where it is essential to understand how things work if one wants to have a true vision of its possibilities. It is of little relevance if one has previously worked in the same business in other countries".
The financing needs of the Spanish market, with its continued expansion gave Manuel a new opportunity to implement what he has learnt elsewhere. "I realized that the funding structure for many companies could be improved, especially if one rents. FGL was, and still is a leader in this field in Germany, yet in Spain it was virtually unknown in the sector until 2006. Renting was limited to cars, yet it is ideal for renewing or expanding the machine base. "The possibilities for specialised professional financing are far greater than any that can be obtained from a bank", explains Manuel Torres: "We all know the damage that can be caused by delays in the Amusement world and that is why we are very swift to respond. The FGL mentality is different from other financial groups, for us the client is king. To that end, we conduct a personalised study of each individual situation and after analysing it, we always offer the best possible alternative".
The work of FGL LEASING in Spain is aimed primarily at manufacturers and distributors. "These are the professionals who put us in touch with their clients when they need to make a significant outlay to increase their volume of business. In this way we maintain excellent lines of contact in the current Spanish market with such successful firms as SLEIC, MGA, COSTA CÁLIDA, DOSNIHA, VID DISTRIBUCIONES... we offer great flexibility and speed yet at the same time our service forms part of a machine that speeds up the renewal of the existing stock to the benefit of the manufacturer, the dealer and the operator. "Renting is a flexible and intelligent financing system that offers no administrative problems and is perfectly consistent with the development of the gaming industry, when seen from a perspective that for Manuel Torres is looking very promising: "We are in an era of growth in which the Private Gaming industry is expecting to play a major role in our society's leisure activities. It is for this reason that I intend to go all out to give it greater prominence. In Spain, very probably, it will end up with something absurd such as a ban on advertising for the Arcades and the rest of the gaming centres".
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