Liugong expands finance programme to Europe

Chinese equipment manufacturer Liugong is expanding its customer leasing and financing programme into Europe, following the introduction of the programme in North America this year.

The manufacturer has teamed up with BNP Paribas Leasing Solutions to offer financial leasing services designed to help Liugong dealers manage their cash flow more effectively, promoting easier investment into their dealership and product line.

The financial products include loans, financial lease/hire purchase, operating leases, and full service lease/contract hire, among other things.

"When we announced the first phase of our global financing programme in March, we knew we also wanted a strong partner in Europe," said Liugong vice-chairman and president Zeng Guang'an.

"Leasing is very common in the European market, so this alliance provides our current and any potential dealer's access to a strong, well-capitalised and highly rated financial firm for the financial products they need."