Equipment Depot, an independently operated material handling and equipment rental source, launched its new EQFINANCE division. Offered through a partnership with De Lage Landen Financial Services (DLL), EQFINANCE provides leasing and purchasing solutions that enable businesses to secure the equipment they need to operate effectively. The collaboration between Equipment Depot and DLL embeds their respective industry expertise in programs that simplify the leasing process throughout all stages of industrial equipment ownership.
Through EQFINANCE, Equipment Depot offers its customers a variety of equipment leases with flexible payment options designed to maximize cash flow while meeting financial requirements. EQFINANCE representatives work as a trusted partner to determine the best leasing solutions for each customer, reviewing lease rates, monthly payments, term length, allowed hours, end-of-lease options and the lifecycle of the customer’s current fleet. In partnering with its customers, these representatives understand how businesses are using their equipment, and customers are presented with leasing and financing options that truly match their equipment usage and budget.
EQFINANCE gives businesses the ability to streamline all of their warehouse equipment and material handling purchases, including forklifts, high-capacity port equipment, personnel lifts, pallet racking, storage solutions, conveyors, automated systems and more. Lease agreements can include equipment maintenance contracts and make it easier for businesses to regularly upgrade to the latest equipment and technology.
“The experience and success of our customers is incredibly important, and EQFINANCE allows us to offer the direct financing relationship our customers prefer,” Equipment Depot CFO Marcel Broeshart said. “And by offering a wide range of lease options, we make it easy and affordable for customers to get the right equipment for the job.”
“The addition of EQFINANCE enhances our ability to provide a true one-stop-shop experience to our customers for all of their equipment, service, parts, warehouse solutions, and financing needs. We continuously ask how we can better support our customers, and forming EQFINANCE addresses our customers’ desire for a single, full-service material handling solutions partner,” Equipment Depot President and CEO David Turner, said.
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