Tailor-made financing solutions for the Wacker Neuson Group.
Customers of the Wacker Neuson Group from all industries are increasingly resorting to financing offers in order to maintain their liquidity, despite bigger investments. A high percentage of all new machines in the compact equipment range and also of construction equipment is already being financed today. To be able to advise customers about financing options at the point of equipment sale, the Wacker Neuson Group entered into a global cooperation with De Lage Landen (DLL), a specialized provider of asset-based finance solutions. In Germany, where the partners cooperate in the form of a virtual joint venture, the customers receive tailor-made financing solutions from DLL that fit their needs under the brand "Wacker Neuson Finance."
Wacker Neuson has worked together closely with financing partners for more than ten years. In order to optimize the processes for customers and be able to offer finance at the point of sale, a framework agreement was signed with the globally operating financial service provider.
“There are many reasons that speak for financing machines and equipment," says Cem Peksaglam, CEO of Wacker Neuson SE. "One important reason is the reduced burden on our customers' liquidity. Financing machines has become very attractive due to very good conditions as well as fast and uncomplicated processing. The high quality standard and the long service life of Wacker Neuson products support optimal rates with minimal risk." The duration of the financing is based on the customers' needs and the holding period of the equipment, whereby periods of between 12 and 60 months are possible.
More and more Wacker Neuson customers are opting to finance their machines. Especially for small and medium-sized operations, the procurement of a compact machine is no small investment. Professional advice and flexible financing options are therefore all the more important.
Global cooperation agreement with De Lage Landen
By signing the global cooperation agreement with DLL, the provision of financial service providers for dealers and customers world-wide should be further strengthened. "We chose DLL as the preferred financial partner, because they offer a great deal of industry knowledge and have corresponding expertise and a global presence," says Günther C. Binder, CFO of Wacker Neuson SE. "Dealers and customers in different countries can now draw on flexible and customized financing solutions." DLL is a wholly owned subsidiary of the Rabobank Group, which is distinguished with one of the highest ratings among the banks around the world. Together with DLL, the Wacker Neuson Group will now offer its customers attractive financing solutions based on this global cooperation agreement in other countries as well.