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Verdant Commercial Capital Signs Vendor Program Agreement with KION

December 08, 2020, 07:22 AM
Filed Under: Program Agreements

Verdant Commercial Capital, LLC executed a multi-year Vendor Program Agreement with KION North America Corporation. The agreement provides retail financing for KION North America’s Linde and Baoli forklifts in the United States. The go-to-market name for the new financing program will be Linde Material Handling Financial Services.

Linde Material Handling Financial Services brings the durability, high performance and low cost of ownership that customers of Linde Material Handling products have been known for and brings an affordable price tag to the entire market. This program agreement will allow customers to access Linde products at a very low monthly payment.

“KION is a worldwide leader in manufacturing material handling equipment. Their reputation for quality and customer satisfaction is unmatched,” said Brian Lowe, Chief Commercial Officer for Verdant Commercial Capital. “Verdant is excited to use financial merchandising to help demonstrate KION’s lowest total cost of ownership in the industry. The Verdant team will work hard to increase KION NA’s order intake through both their Key Account Team and Dealers.”

“When pairing attractive lease payments with a full maintenance agreement, our customers will get the best of both worlds. Linde forklifts are designed with heavy duty cycles and extended maintenance intervals in mind. This results in lower maintenance and service costs, further dropping the monthly expenses for users. We expect customers who typically had not considered our products attainable for their operations to give Linde Material Handling a look,” said Jonathan Dawley, KION North America President and CEO. “In assessing leasing program partners, we felt Verdant brought the best total package for market coverage, competitiveness and ease of doing business for our end users and dealers.”

Headquartered in Summerville, S.C., KION North America Corporation is a member of the KION Group, one of the world's leading manufacturers of industrial trucks.

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