"Introducing a broader asset finance and leasing business enables us to leverage Investec Bank's proven leasing expertise and take it to the wider market across all industries," Ingram said.
"It makes a significant difference to a company's profitability if they can get leasing services that match their business operations and leasing products that match the lifespan of their equipment."
He said following a period of slow corporate spending, many companies that had made do with existing equipment now faced the need to upgrade and adopt newer technology.