A Doosan forklift

De Lage Landen Financial Services is partnering with Doosan Infracore America Corp to establish Doosan Global Finance, which will be a finance provider for Doosan Infracore's forklift division.

Doosan Global Finance director Rick Schulte says the partnership will bring "significant benefts" to Doosan forklift, construction equipment and machine tool dealers.

"We are providing a one-stop-shop financing product to our customers on a global level with local attention," Schulte says. "Now that equipment financing is part of Doosan Infracore, we can leverage the vast knowledge of our dealers, customers and industries to ensure we deliver equipment and financing options to match."

Rod Versteegh, president of De Lage Landen's materials handling and construction global business unit, agrees that the arrangement will benefit Doosan's distributors and customers.

"With our product expertise and global footprint, this partnership was a natural fit for the future growth and geographic expansion of our organisations," he says.

De Lage Landen headquartered in Eindhoven, the Netherlands, is a wholly owned subsidiary of the Dutch Rabobank Group, which is Triple-A rated by rating agencies Moody's and Standard & Poor's. Through offices and joint ventures in over 30 countries, De Lage Landen specialises in asset financing and vendor finance programs.