bauma 2019: 50-Year Finance Veteran DLL Continues Commitment to the Construction Industry

Apr 1, 2019

Press

This year, DLL will celebrate its 50th anniversary as a global financial solutions partner. Over the years, DLL’s global reach, industry specialization and asset knowledge have played an integral role in delivering a customer experience that has been unrivalled in the marketplace.

Long-lasting commitment to the construction industry

For decades, DLL has been strongly committed to the construction industry and partnered with key manufacturers of construction equipment including cranes, aerial work platforms, excavators, wheel loaders, dump trucks and drills. This resulted in deep knowledge of the market and asset expertise. Building upon that 50-year foundation, DLL will remain a strategic partner providing comprehensive and innovative solutions that help construction equipment manufacturers successfully navigate the continuously evolving market environment.

Grégory Cartier, Group CFO at Mecalac explains: “Being able to offer financial solutions is a true added value for Mecalac. By partnering with DLL and leveraging their asset knowledge and industry understanding we were able to develop an efficient operating lease solution together. For our customers, this means enabling them to benefit from our high-quality construction equipment at an affordable price per month. In addition to that, we have developed a digital configurator which will enables sales force to quote and sign the machine together with the financing solution on the spot. These represent a common investment on what I believe will be the future of financing in our industry: more usage-oriented and digital.”

By partnering with DLL and leveraging their asset knowledge and industry understanding we were able to develop an efficient operating lease solution together."

Reliable partner

Bob Shuman, Managing Director at Vermeer EMEA, says: “DLL has always been a reliable partner to us, and financing has become an integral part of our sales process. The ability to think in close cooperation about all aspects of the business drives stronger customer-oriented solutions. Our partnership with DLL has brought a high level of financing expertise, but the subtler additions they bring when working with our teams are pure magic.”

Alexis Facques, Trade Finance Manager at Manitowoc Cranes, adds: “Large transactions, low volumes and few customers: Cranes are a very specific market. Therefore, financing experts must also act as project-oriented product experts and keep close communication with the end customers. DLL attracts talents who are up to this challenge. Manitowoc and DLL have been partners since 2002. This long-lasting business relation allowed us to build trust between our two companies. DLL and Manitowoc have always collaborated and communicated transparently, as if being one company. “

“The excellent cooperation we have with key players in the construction industry proves that DLL adds true value to their business model,” explains Neal Garnett, Global Business Unit President Construction, Transportation and Industrial at DLL. “In 50 years, DLL has grown into a global finance company with 4k+ team members and 30+ billion euros in assets. But more importantly, through our long-lasting presence in the industry, we developed the ability to understand our partners needs and jointly develop innovative products and services to keep up with ever changing market needs. From flexible finance solutions, like pay-per-use and servitization models, to digital tools, we continuously cooperate with our partners and customers to match financial solutions with new requirements of the construction industry.”

Meet DLL’s construction financing experts at bauma, the largest construction machinery trade fair in the world, from 8 to 14 April. Discuss your business goals and learn how tailored financing solutions for construction equipment can grow your business. Schedule a meeting today.

Learn more: bauma 2019: DLL develops innovative financing solutions for the construction industry.