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PEAC Solutions, NOBLELIFT Unite in Strategic Financing Partnership

April 11, 2024, 07:18 AM
Filed Under: Program Agreements

PEAC Solutions announced a program agreement with NOBLELIFT North America, a global manufacturer specializing in lithium-iron electric forklifts and material handling equipment.

This union is poised to revolutionize the material handling landscape by combining PEAC’s comprehensive financing prowess with NOBLELIFT’s cutting-edge product offerings.

The partnership agreement spans various financing facets, including Wholesale (Floor Plan financing for Dealer Inventory), Dealer Short-Term Rental (STR), Dealer Long-Term Rental (LTR), and Retail (Leasing and Loans) financing for end-users. This holistic approach not only streamlines operations but also amplifies accessibility to NOBLELIFT’s innovative solutions.

Commenting on the partnership, Tibor Horvath, Senior Vice President of PEAC’s Construction, Transportation, and Industrial (CT&I) business, said, “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.”

“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,” said Loren Swakow, Managing Director of NOBLELIFT North America. “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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