Digitization, sustainability and efficiency; three megatrends in the spotlight at bauma 2019 in Munich are also key focus areas for DLL, a leading financial solutions partner to construction industry. DLL has continuously developed its range of financial products and services to offer innovative solutions tailored to the needs of the customer . In addition, the company focuses on digital solutions - including partner integration technology and application programming interfaces (API) - to help align business models within the construction equipment industry with tomorrow's needs.
Concepts like pay-per-use, servitization and lifecycle asset management are responding to rapidly changing markets and match financial solutions with new requirements of users, manufacturers and resellers. The carsharing trend in the private sector is a good example: cars can be booked via a simple app and are available at a fixed price-per-minute, including services such as fuel, parking tickets and insurance. Actual usage is billed and paid while purchase and maintenance costs are eliminated. By offering usage-based financing, tailored to the construction industry, DLL aims to remove investment hurdles to embrace innovative technology.
From ownership to usage
The pay-per-use concept helps to eliminate finance risks and is an attractive business model for the construction and industrial sector. It offers the possibility to manage unexpected demands or planned peaks in the utilization of construction, material handling and production line equipment. Instead of paying fixed costs to purchase the machines upfront, which is the case when buying or closing a traditional financial lease, costs can now be synchronized with actual usage.
Reliable financing partner with industry expertise
"Reliable long-term partnerships combined with an in-depth industry expertise are the basis of DLL's business model," explains Cesar Alonso, Commercial Lead Europe for the Construction, Transportation & Industrial sector at DLL. "We are proud to present our extensive range of finance products and services which have been developed to overcome the challenges of tomorrow." From 8th to 14th April, DLL will support its partners and customers at bauma 2019 and present innovative solutions, ranging from digital tools to flexible finance products.
Meet DLL’s construction financing experts at bauma to discuss your business goals and learn how tailored financing solutions for construction equipment can grow your business. Schedule a meeting today.