In the dynamic landscape of the construction equipment industry, the demand for customized financial solutions that cater to diverse equipment needs has never been more pronounced. At DLL, we understand the nuanced requirements across sectors within this industry, and our commitment lies in crafting tailored financing strategies that align with these unique demands.
Being a partner, you can count on in the construction asset finance industry is ingrained in DLL’s DNA. With more than 50 years of experience, we’ve stood by our partners through fluctuating circumstances, offering unwavering support and tailored financial strategies. Our commitment extends beyond merely financing; we aim to be the ally businesses can rely on to navigate and thrive in the ever-evolving construction industry.
Our approach begins with establishing strong partnerships, forming the bedrock upon which our tailored solutions are built. "It all starts with our relationships with manufacturers," notes Patrick Burke, National Sales Representative at DLL. “We run a variety of programs and have a wide mixture of manufacturer partners that span the gamut. These relationships give our sales experts a base product understanding that allows them to then really delve into the needs of dealers and show them we understand their business and the products they sell."
More than just a finance provider, DLL engages with manufacturers, dealers, and customers to build long-term relationships and help businesses through challenging times by understanding not only the asset, but also the brand users’ and dealers’ businesses.
Equipment is the heart of the construction industry
At DLL, we have a deep understanding of the construction market, which has allowed us to cultivate meaningful partnerships with manufacturers and dealers. Understanding the market intricacies, partner needs, and their goals empowers us to develop customized end-to-end financing solutions.
Heidi Brooks, a program manager for DLL’s commercial finance solution, underscores this, stating, "Thanks to our market insight and collaboration with our partners, we craft tailored programs to meet manufacturers' cash flow needs, offering inventory or floorplan financing options for dealers.
These solutions can help reduce days sales outstanding (DSO) for manufacturers, amplify dealer stocking power, and extend repayment terms,” continues Books. “We can also provide rental and demo financing, bolstering equipment accessibility.”
However, the flexibility and depth of DLL’s offerings doesn’t stop there. Customization is at the core of DLL’s offering and we stand as your partner in providing financial solutions designed to your business requirements and market fluctuations. Our retail financing options offer unparalleled benefits, from flexible leasing arrangements to a diverse array of products catering to varied needs.
"We have a ton of flexibility to structure retail programs in a way that fits the end-use customer,” says Britta McSparen, Global Program Manager at DLL. “So, whether they need monthly, seasonal, annual, or even skip, payments, we offer a lot of flexibility on both our retail and inventory finance solutions.”
Adapting to unique business needs
The construction industry's pulse is intricately connected to its equipment. Recognizing this heartbeat, DLL caters to evolving equipment needs with precision and innovation.
Moreover, DLL is committed to acknowledging the industry’s shift towards sustainable equipment solutions. We actively assist businesses in transitioning to eco-friendly practices, aligning environmental responsibility with operational efficiency. Our expertise ensures a seamless transition, offering solutions that meet evolving industry standards while optimizing business performance.
Adaptation is key in meeting unique business needs. Transitioning towards innovative models like Pay-Per-Use (PPU) or DLL’s Lease by the Hour® showcases our capabilities to adapt, ensuring that our partners have access to cutting-edge financial structures that align with the evolving demands of the construction industry with progressive and flexible options.
No matter the solution chosen, our asset management and remarketing team ensures that equipment needs are not merely met but exceeded. DLL's commitment extends beyond providing customized finance solutions; it encompasses a partnership that strives to understand the intricacies of your business to better cater to its needs and goals.
A partner you can count on to help you achieve success
DLL’s primary focus is on supporting our partners' growth and success. We understand the significance of fostering relationships, and our financial strategies serve as the cornerstone of our approach. Through thought leadership and innovative solutions, we aim to raise awareness and empower businesses within the construction industry, fostering loyalty and trust among our partners.
Our commitment goes beyond mere transactions. Our financial strategies are not just about numbers; they embody our dedication to your success. We encourage businesses to explore DLL’s offerings, engage with our team, and discover how our customized financial solutions can propel your ventures towards greater heights in the construction industry.
Learn more about our unique finance options and how you can partner with DLL today.