DLL received the 2022 Vendor Finance Provider and Best ESG/Sustainability Initiative of the Year awards from Leasing Life, a leasing industry journal in Europe, during the Leasing Life Conference & Awards event in Paris.

The Vendor Finance Provider award recognizes an asset finance lessor that has worked in conjunction with manufacturers to provide tailored asset finance at the point of sale. The essence of success is building strong and successful partnerships that add clear value to both sides; this is not just about the provision of funding, but also about creating a strong service and partnership business culture that withstands the ebbs and flows of the external environment. It is the fourth time in five years that DLL has won this award.

According to a statement from the awards jury, “We gave weight to the partner testimonials reported by the applicants [with] a particular focus on asset management, supporting circular innovations with tailored financing proposals, including a full-service offering for new machines but also for totally rebuilt machines, and stock financing. Vendor financing is either in your organizational DNA or it’s not, and the judges said DLL has demonstrated this DNA to be part of its make-up since its creation over 50 years ago.”

“At DLL, we believe in genuine partnerships built on personal trust. With a strong focus on customer experience, we look beyond quick fixes to deliver meaningful solutions,” Carlo van Kemenade, CEO of DLL, said. “We are proud that our vendor partners recognize that and state in their testimonials that DLL is committed to growing long-term relationships and to actively working with them to design, develop and implement creative and healthy solutions that add value throughout the supply chain. This Leasing Life Vendor Finance Provider of the Year award is a crown on those valuable partnerships and endorses our mission of ‘partnering for a better world.’”

For the ESG/Sustainability Initiative of the Year award, the awards jury recognized DLL’s work in the sustainability space, including its partnerships with the European Investment Bank and other groups, such as the Finance Climate Journey Funds.

“The environmental difficulties the world is facing are undeniably challenging, and DLL is committed to contributing to a more sustainable future by providing financing options that promote circular economy principles with our vendor partners and help our end-customers reduce their carbon footprint,” Marije Rhebergen, global head of sustainability and CSR at DLL, said. “We are very proud to receive the 2022 Leasing Life Best ESG/Sustainability Initiative of the Year award.”