Based on annual results reported for the 2014 Monitor 100 Survey, De Lage Landen continues to rank #1 by new business volume among the Top 25 Vendor Finance companies in the U.S. This is the third year in a row since 2011 that DLL has maintained this position.
“We are very proud of this recognition and our continued success that is based on the long-term partnerships we form with our customers, our in-depth knowledge of the industries they serve, and a focus on putting our customers first,” said Jeff Berg, EVP & U.S. Country Manager.
For 2013, DLL reported $9.7 billion in new business volume, up 6.7% or $608 million from 2012, and representing 28.9% of market share or more than double that of its two nearest competitors. This was the highest result of any of the companies providing information to qualify for this year’s vendor channel rankings.
“Amid challenges of the global economy, our core principles have not changed—driving a strong and sustainable business,” added Bill Stephenson, CEO and Chairman of the Executive Board. “In addition to our partnership focus, we can attribute our industry leadership to our global footprint, unique company culture, balanced and diversified portfolio, and entrepreneurial spirit that drives innovation.”
De Lage Landen looks forward to further growing its U.S. business through new opportunities and further leveraging partnerships around the world.
For more information about this and other DLL rankings, see the June 2014 issue of Monitor magazine, a leading U.S. leasing industry publication.