PEAC Solutions, a multi-national asset finance platform, entered into a program agreement with NOBLELIFT North America, a global manufacturer specializing in lithium-iron electric forklifts and material handling equipment. This union will combine PEAC’s financing prowess with NOBLELIFT’s product offerings.
The partnership agreement spans various financing facets, including wholesale (floor plan financing for dealer inventory), dealer short-term rental, dealer long-term rental and retail (leasing and loans) financing for end-users.
“With this agreement, PEAC will provide NOBLELIFT a complete financing and leasing solution for their dealer network to grow their business and market share in the USA,” Tibor Horvath, senior vice president of PEAC’s construction, transportation and industrial business, said.
“I have known several of the leaders at PEAC Solutions for many years. They are honorable and willing to go the extra mile to get a deal done,” Loren Swakow, managing director of NOBLELIFT North America, said. “I know this partnership will prove beneficial to both NOBLELIFT and our dealer network. I am looking forward to working with PEAC and growing our mutual business.”
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