“Master leases once again are key here. Take credit limits, for example. If a company has to renegotiate the credit limit on every separate contract for every separate piece of equipment, that quickly adds up in man hours and documents that have to be prepared, checked, signed and filed,” says Mark Hield. “Our master lease contracts leverage pre-agreed credit limits and one principal set of documents to streamline the entire process and help the customer standardize their leasing processes and terms and conditions.”
“Another way DLL helps companies save time in financing equipment for HS2 is through our industry-specific sales, asset management and credit teams who understand the construction business and assets required. Altogether, this can make the difference between arranging equipment financing in a few days or a few weeks.”
Financing solutions at scale
“DLL is a registered supplier for the HS2 supply chain and is actively working with key suppliers to help them meet their financing needs,” says Martin Joli, Global Head Fleet Solutions and New Business Development at DLL. “In the UK, we have ongoing relationships with leading manufacturers and HS2 suppliers across the Construction, Transportation, Industrial, Materials Handling, Waste Management, Specialist Vehicles and other sectors. Our global resources and underwriting capabilities enable us to provide financing solutions at the scale that will be needed for this project.”
Let’s make history together
“This is a defining moment for the people in the UK, and we look forward to playing our part in writing this new chapter of history,” says Mark Hield. “We believe that by working together with a clear focus on our end goal, we have the potential to make this not only the biggest – but also the most successful infrastructure project of this century.”
For more information please contact us.
Annual Asset Finance UK 50 – 2020 rankings survey, published by Asset Finance Policy and Asset Finance International.