De Lage Landen (DLL) has been confirmed as a
long-term funder of Microsoft Financing in three European
countries, Leasing Life can reveal.
The Dutch lessor – which served as an interim finance provider for Microsoft since July
2009 – has just signed long-term agreements with the software
giant covering Spain, the Netherlands, Belgium, as well as
Australia and New Zealand.
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According to a spokesman, the previous
agreement between DLL and Microsoft Financing also included a
“contingency plan that was designed to provide a rapid response
coverage model”, which would allow the software company to use DLL
while assessing and completing arrangements with other finance
providers.
Microsoft Financing’s general manager Brian
Madison said that DLL’s “solid reputation and strong capabilities
make it one of Microsoft’s preferred financing providers for our US
federal lending program and for operations in several
countries.”
Marc Dierckx, who heads DLL’s global business
unit office technology, added: “We are proud of our long-standing
relationship, and expect that we will continue to expand this
important global affiliation.”
Last month, BNP Paribas Lease Group (BPLG) won
a tender to provide finance in France,
Germany, Italy and Switzerland to Microsoft’s direct SME
customers and those serviced by resellers.
It is also understood that SG Equipment
Finance (SGEF) has been chosen to cover all of Microsoft’s larger
deals across Europe.
However, it is unclear whether DLL still holds
on to Microsoft’s UK programme.
Antonio Fabrizio
