De Lage Landen has signed a joint venture agreement with
Truckland Group to launch Truckland Lease. The new joint venture
will allow Dutch CV dealer Truckland to offer in-house financing to
its customers.

“At this moment, up to 95 percent of all Truckland’s sales are
financed, 40 percent of which through Truckland’s direct
involvement,” said Jan van Beek, the newly appointed managing
director of Truckland Lease.

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“Now we are able to offer our customers an in-house financing
solution at point of sale, which will result in a one-stop-shop and
a better service for our customers. I’m very confident we will make
this close cooperation a success.”

Truckland had previously worked with De Lage Landen through the
DAF Financial Services program, but a new partnership was
established to help it grow internationally, according to the two
companies. The dealer also has a “successful” joint venture with
Schmitz Cargobull, Cargobull Finance.

Jason T Hesse

GlobalData Strategic Intelligence

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