BNP Paribas Leasing Solutions, CNH and Iveco Group renew long-term retail financing partnership
October 29 2024 - 5:00AM
BNP Paribas Leasing Solutions, CNH and
Iveco Grouprenew long-term retail financing
partnership
Paris, France / Basildon, England / Turin,
Italy, 29th October 2024 – BNP Paribas Leasing Solutions, a
specialised business unit of BNP Paribas, together with CNH, a
manufacturer of Agricultural and Construction Equipment, and Iveco
Group N. V. (EXM: IVG), a manufacturer of trucks, vans, buses,
defence vehicles and powertrain solutions, have agreed to renew
their long-term retail financing partnership across Europe.
The successful collaboration among the
organisations through the Joint Venture CNH Industrial Capital
Europe has led to significant expansion since its inception in 1997
and now operates in nine countries: Austria, Belgium, France,
Germany, Italy, Netherlands, Poland, Spain and the United Kingdom,
under CNH Capital and IVECO CAPITAL branding. The partnership
excels in offering leasing and financing solutions, including
insurances and services, enabling CNH and Iveco Group customers to
enhance their operational capabilities.
Neil Pein, CEO of BNP Paribas Leasing Solutions:
"We are thrilled to extend our long-standing partnership with CNH
and Iveco Group. This renewal underscores our dedication to
delivering innovative, customised financial solutions to their
retail customers. Our collaboration will continue to drive
sustainable growth and success across the European market."
Douglas MacLeod, President of CNH Financial
Services: "Our partnership with BNP Paribas Leasing Solutions has
been instrumental in supporting our financial services business
growth and providing our customers with flexible financing options.
We look forward to building on this successful collaboration and
delivering even greater value to our customers."
Simone Olivati, President, Financial Services,
Iveco Group: "This renewed partnership aligns perfectly with our
strategy of offering comprehensive financial solutions to our
customers. By leveraging BNP Paribas Leasing Solutions’ expertise,
we can provide competitive financing options that meet the unique
needs of our customers."
The partnership with BNP Paribas Leasing
Solutions continues to strengthen the market position of CNH’s and
Iveco Group's commercial offerings, driving growth in equipment
sales. Through the Joint Venture, CNH Capital and IVECO CAPITAL
offer comprehensive financing options including purchase, rent and
lease arrangements for CNH’s brand machinery and Iveco Group
vehicles.
***
About BNP Paribas Leasing
SolutionsAt BNP Paribas Leasing Solutions, we offer
capital efficient business equipment financing solutions in key
sectors including agriculture, construction, transportation,
materials handling, ICT, healthcare and green tech. Drawing on our
proud 70-year history, our partners and clients rely on our market
expertise, asset know-how and advisory services to propel their
growth, transformation and transition to a low carbon circular
economy. We are present in 17 countries across Europe and Turkey,
employing over 3000 experts. We also offer vendor finance solutions
in the USA and Canada in partnership with Bank of Montreal, and in
China through Jiangsu Financial Leasing. In 2023, we advanced over
€15.5 billion in asset finance and presently manage a €39.6 billion
leased asset portfolio. BNP Paribas Leasing Solutions is fully
owned by BNP Paribas and is positioned within the Group’s
Commercial, Personal Banking & Services division. More
information on leasingsolutions.bnpparibas.com
Media Contact:For BNP Paribas
Leasing Solutions: Pauline Gourdel, Head of Corporate
CommunicationsE: pauline.gourdel@bnpparibas.com
About CNH CapitalCNH Capital is
the captive financial provider for the CNH family of brands,
specializing in agricultural and construction equipment and
technologies.CNH Capital supports the CNH brands’ customers and
dealers with a dedicated suite of financial solutions through
various wholly owned subsidiaries, joint ventures, and vendor
programs around the world.More information can be found on the
corporate website: www.cnhcapital.com
For CNH Capital:Marzia
Paciantoni, Financial Services EMEA, Communication and BrandingE:
marzia.paciantoni@cnh.com
About IVECO CAPITALIVECO
CAPITAL is the financial services brand of Iveco Group that offers
a comprehensive range of solutions for the purchase, rent or lease
of commercial and industrial vehicles, and buses. Customers can
build their financial formula modulating financing, insurances and
services (e.g., mobility service card, “ELEMENTS” maintenance and
repair, uptime monitoring, services available on IVECO ON), to fit
their always evolving needs. IVECO CAPITAL contributes value to its
customers’ businesses, leveraging its long-standing presence in the
market. It is a reliable partner to customers around the world,
steadily offering easy access to its dynamic and innovative service
ecosystem.Discover more at: www.ivecocapital.com
Media Contact:Fabio Lepore,
Tel: +39 335 7469007Chiara Levati, Tel: +39 349 9306763E-mail:
mediarelations@ivecogroup.com
- 20241029_PR_Iveco_Group_BNP_Paribas_Leasing_Solutions
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