Structuring the transaction was complex due to the long term of 7 to 10 years, high residual values, and multiple jurisdictions. However, in the end a tailored solution was provided which enabled Stena Line to retain the flexibility and service options offered by Terberg. DLL even purchased four units that had already been delivered recently and leased these back to ensure the whole fleet fell under the same financing platform.
As a global fleet centric, financial solutions partner with local knowledge, DLL knows that strong supplier relationships and standardized yet flexible financing options are key for large fleet owners. “To make financing more accessible, we tailor our financial solutions to their financial situation. As such, we are not just financing the equipment, but also offer advice about financial structures and more, recognizing the financial complexity that comes with international operations,” adds Michiel van Ramesdonk, VP Global Fleet Customer Accounts at DLL.
“Effective fleet management is about insights; being able to track usage and proactively manage operations so you can cut costs and increase efficiency. DLL’s fleet centric approach to asset financing means we are constantly looking to develop solutions that help you do just that.”
“Stena Line implemented Fleet Management on terminal equipment in 15 port terminals during 2014/2015. In co-operation with Terberg and DLL we have established a platform supporting our Dutch and UK terminals to take the next steps striving for continuous safe and more efficient handling of our customers”, according Per Söholt, Stena Line Port & Terminals.