Genesis
AMSA is formed to engineer bespoke commercial fleet financing.
Institutional Fleet Provider for Latin America
The financial and operational backbone behind fleet modernization.
Arrendamiento Mercantil S.A. (AMSA) structures tailored leasing, financing and asset-management solutions for public and private transport networks across Latin America.
International capital
OEM alliances
Regulatory execution
Electric transition
+USD 800M
Capital deployed and leased
1,500+
Vehicles financed and deployed
5
Latin American markets served
15+
Years structuring transport assets
Who we are
A Chilean platform engineered for complex transport assets.
Founded by José Manuel Larraín in 2010, AMSA has evolved into a recognized fleet-provider platform for national transport networks, combining international financing, asset ownership, leasing structures and operational support.
The company works with top-tier banking relationships and global bus and truck manufacturers to deliver medium and long-term leasing solutions designed for demanding public and private transport operators.
Regional expansion
The platform expands into Colombia and Uruguay while scaling operations in Chile.
Fleet Provider recognition
AMSA consolidates its position as a specialized Fleet Provider for complex transport infrastructure.
High-level financing
Direct connection to international banking networks for scalable, competitive capital structures.
Fleet Provider
Strategic acquisition and deployment of buses, trucks and specialized transport assets through operational and financial leasing.
End-to-end support
From importation and regulatory registration to agreement administration, reporting and lifecycle support.
Financial solutions and asset management
Sophisticated capital deployment for complex acquisitions.
AMSA designs tailored structures to isolate master clients from operational, regulatory and financial friction while preserving long-term flexibility.
Operational Leasing
Flexible structures that maximize fleet availability and lifecycle management while reducing balance-sheet pressure for dynamic transit networks.
Financial Leasing
Long-term asset acquisition strategies with clear paths to ownership and lease frameworks aligned with international financial standards.
Guaranteed Financing
Risk-mitigated capital deployment structured with asset security, institutional safeguards and top-tier financing institutions.
Structured Trade Finance
End-to-end funding for international vehicle procurement, import documentation, customs clearance and cross-border asset delivery.
End-to-end orchestration
From procurement to lifecycle management.
AMSA coordinates financial, legal, logistical and regulatory execution so clients can focus on service continuity and strategic oversight.
Operational capabilities
Financial, legal, logistical and regulatory execution in one platform.
Coordination of international procurement with bus and truck manufacturers, combined with leasing frameworks and ownership-option structures when appropriate.
Design of institutional safeguards and asset-security packages required for fleet financing at scale.
Organization of international financing designed to match client needs, medium and long-term asset horizons and competitive banking conditions.
Regulatory coordination for fleet assets and transaction structures before transport authorities.
Preparation of documentation for vehicle entry into the country, customs compliance, powers of attorney and operational delivery requirements.
Lifecycle administration, required documentation, ownership-option support and day-to-day work related to the owned fleet.
Fleet Provider model
De-risking operations through an operator-independent asset architecture.
Under the master-client relationship, AMSA secures capital, owns or manages the physical assets and can support operator substitution without interrupting fleet continuity.
AMSA diagnostic
Traditional ownership vs. the Fleet Provider model
Challenge
Traditional operator model
AMSA Fleet Provider model
Financial burden
High upfront CapEx and asset depreciation.
AMSA secures capital and acquires the assets.
Operational risk
Vehicle downtime and maintenance failures affect the client.
Risk-mitigated structure supports asset availability.
Operator turnover
Asset disputes or losses can occur when operators change.
Assets remain available while operators are substituted.
Traceability
Opaque reporting from operators.
Independent KPI monitoring for master-client oversight.
Regional impact
A continental footprint with measurable fleet scale.
AMSA has financed and deployed assets across Chile, Colombia, Uruguay, Peru and Guatemala, supporting both public transit and strategic private-sector logistics.
$800M+USD deployed
1,500+Vehicles financed
Metropolitan transit and strategic logistics
More than 1,000 urban buses for Transantiago/RED operators, plus more than 120 trucks and passenger buses for copper mining, forestry and logistics.
Bogotá mass-transit support
379 buses and 50 advanced batteries financed for the public transport system, with operators including ETIB, Consorcio Express and EEMB.
Montevideo urban transport and industry
89 urban buses and 5 trucks leased, including fleet support for COETC and specialized assets for forestry and productive sectors.
Public track record
Regional fleet experience presented in aggregated form.
This section highlights AMSA's scale, geography and operational capabilities without publishing private transaction details or confidential commercial information.
More than 1,000 urban buses financed for Chilean metropolitan public-transport systems, supporting long-term fleet modernization.
More than 120 trucks and passenger units deployed for mining, forestry and logistics operations, including service for a leading copper mining operator.
379 buses and 50 advanced battery systems financed for urban public-transport infrastructure and high-demand mobility corridors.
89 urban buses and 5 industrial trucks supported for Montevideo mobility and productive-sector logistics.
Detailed diligence materials can be reviewed directly with AMSA under appropriate confidentiality protocols.
Strategic alliances
Engineered with world-class manufacturers and banking partners.
AMSA acts as a financial bridge between master clients, operators, OEMs and banking institutions, aligning pricing, asset quality, regulatory requirements and long-term fleet economics.
Its strategic network includes a leading Swedish manufacturer, European OEMs and Chinese electric-bus manufacturers, together with financing relationships designed to provide liquidity and competitive long-term rates.
China supplier interface
A bilingual operating front for Chinese OEM relationships and Latin American deployment.
The site includes a complete Chinese version to support supplier coordination, electric-bus opportunities and technical conversations with Chinese manufacturing partners.
Electromobility and sustainability
Accelerating the transition to cleaner and more resilient transport.
AMSA supports the modernization of fleets through electric vehicle financing, battery infrastructure structures and long-term asset solutions aligned with decarbonization goals.
Electric fleet integration
Support for next-generation electric vehicles and the financial transition from operating to long-term asset structures.
Battery infrastructure
Financing solutions for batteries and supporting infrastructure in high-demand urban systems.
Lifecycle discipline
Asset administration, monitoring and replacement planning for extended useful life and operational reliability.
Regional decarbonization
Capital structures designed to help public and private fleets move toward lower emissions across Latin America.
Team & platform
AMSA operates as a lean institutional platform supported by specialist teams.
Rather than presenting itself around one individual, AMSA is organized as a flexible platform that assembles legal, financial, regulatory, procurement and operational expertise according to each client's needs. This model preserves senior-level execution while avoiding unnecessary permanent overhead.
Founder & 100% Owner
José Manuel Larraín
Managing Partner, Dentons Larraín Rencoret
José Manuel Larraín founded AMSA in 2010 and owns the company together with his family. A lawyer from Universidad Diego Portales, admitted before the Supreme Court of Chile, he brings more than three decades of experience in infrastructure and transport, project and structured finance, concessions, PPP/BOT frameworks and M&A. Consistently ranked among Chile's leading projects lawyers by Chambers & Partners, he sets AMSA's strategic direction while day-to-day execution is delivered by the specialist teams assembled for each mandate.
Capital solutions designed around the asset.
AMSA coordinates with banking institutions and financing partners to structure medium- and long-term leasing solutions, including operating and financial leasing alternatives for public and private fleets.
Institutional support for complex transport frameworks.
The platform draws on high-level legal and regulatory experience in concessions, public procurement, transport registration, import documentation, contract administration and concession-linked asset structures.
Direct coordination with world-class manufacturers.
AMSA supports procurement strategy, manufacturer interface, technical due diligence and import coordination with Swedish, European and Chinese OEMs, maintaining a public-safe manufacturer-neutral positioning.
Execution support without replacing operators.
AMSA may monitor KPIs and fleet information for the master client, support continuity when operators change, and coordinate documentation through the life of the asset without intervening in day-to-day transit operations.
Institutional support
Senior experience made available through a flexible team model.
- Strategic direction from José Manuel Larraín, AMSA's founder, with extensive experience in infrastructure, transport, PPP/BOT projects, concessions, M&A and project finance.
- Project-specific legal, financial and operational specialists can be assembled according to the scale, jurisdiction, vehicle technology and risk profile of each mandate.
- This platform approach avoids the cost burden of a large permanent organization while preserving access to senior capabilities and disciplined execution.
- The same model supports public transport, private logistics, mining-related mobility, electric-fleet transition and cross-border procurement.
Business perspective
Relevant entrepreneurial experience, without distracting from AMSA's institutional platform.
The founder also participates in other family businesses across several sectors. In the public website, these interests are presented only as broader business exposure, while the emphasis remains on the areas that directly contribute to AMSA: legal structuring, infrastructure finance, transport assets and institutional execution.
Next steps
Begin the modernization of your fleet.
AMSA is ready to evaluate fleet requirements, structure financing and coordinate execution with finance, logistics and operations teams.
AMSA - Arrendamiento Mercantil S.A.
Address
Apoquindo 3885, Piso 18, Las Condes
Santiago, Región Metropolitana 7550177, Chile
Phone
+56 2 2471 9200
Hours
Monday to Friday, 9:00 a.m. - 5:00 p.m.
Website
www.amsa-leasing.cl