Verdant Commercial Capital, LLC executed a multi-year Vendor Program Agreement with KION North America Corporation. The agreement provides retail financing for KION North America’s Linde and Baoli forklifts in the United States. The go-to-market name for the new financing program will be Linde Material Handling Financial Services.
Linde Material Handling Financial Services brings the durability, high performance and low cost of ownership that customers of Linde Material Handling products have been known for and brings an affordable price tag to the entire market. This program agreement will allow customers to access Linde products at a very low monthly payment.
“KION is a worldwide leader in manufacturing material handling equipment. Their reputation for quality and customer satisfaction is unmatched,” said Brian Lowe, Chief Commercial Officer for Verdant Commercial Capital. “Verdant is excited to use financial merchandising to help demonstrate KION’s lowest total cost of ownership in the industry. The Verdant team will work hard to increase KION NA’s order intake through both their Key Account Team and Dealers.”
“When pairing attractive lease payments with a full maintenance agreement, our customers will get the best of both worlds. Linde forklifts are designed with heavy duty cycles and extended maintenance intervals in mind. This results in lower maintenance and service costs, further dropping the monthly expenses for users. We expect customers who typically had not considered our products attainable for their operations to give Linde Material Handling a look,” said Jonathan Dawley,
KION North America President & CEO. “In assessing leasing program partners, we felt Verdant brought the best total package for market coverage, competitiveness and ease of doing business for our end users and dealers.”
ABOUT VERDANT COMMERCIAL CAPITAL
Verdant Commercial Capital is a national, independent commercial equipment finance company that is backed by a family-held private investment firm. Verdant provides financing solutions for the acquisition of critical equipment in six industry verticals: industrials, manufacturing, specialty vehicles, energy efficiency/ renewables, technology, and office products and works with OEMs, vendors, dealers, distributors, software developers and resellers. After only two years, Verdant is already the 6th largest independent equipment finance company in the US. Headquartered in Cincinnati, Verdant has offices in Dallas, Los Angeles and Minneapolis. For more information, visit www.verdantcc.com or call 513.769.2033.
About KION North America
Headquartered in Summerville, S.C., KION North America Corporation is a member of the KION Group, one of the world's leading manufacturers of industrial trucks. Their brand companies, Linde and Baoli, serve the specific industrial truck requirements of the U.S. Canadian and Mexican markets with a broad and complementary product portfolio. KION North America produces material handling equipment known for its innovative technologies, reduced energy consumption and low operating costs. KION North America also works closely with its sister company, Dematic, a global leader in automated material handling that provides a broad range of intelligent supply chain and automation solutions.
Disclaimer
This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of technical studies, foreign exchange rate fluctuations, and the availability of financing. We do not undertake any responsibility to update the forward-looking statements in this release.