Equipment Finance News

PEAC and Liugong North America announce partnership

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Tibor HorvathSenior Vice President of Construction, Transportation and Industrial Sales for PEAC Solutions

Multinational asset finance platform, PEAC Solutions, has announced a collaboration with LiuGong North America, effective July 1, 2024.

As a preferred finance partner of LiuGong, PEAC Solutions will deliver financing programs to both the construction equipment and material handling divisions of LiuGong in the United States.

LiuGong will seamlessly integrate PEAC Solutions into its network of preferred financing providers. The new program will extend the breadth and depth of innovative financing products available to the LiuGong dealer network, with PEAC Solutions offering retail end-customer financing, inventory floor plan financing, and dealer rental fleet financing.

By combining competitive rates and flexible lease payment options with streamlined processes, PEAC Solutions will provide LiuGong dealers with easy-to-use products that are designed to enhance sales growth and catalyze market expansion.

“The addition of PEAC Solutions to our growing portfolio of preferred finance partners will support the continued growth and success of our dealers and end customers throughout the United States. Both our construction equipment and material handling divisions are excited to have PEAC on board as a preferred finance partner,” said Joseph Andris, Vice President of Dealer Administration & Finance at LiuGong North America.

“Having successfully supported LiuGong in Europe for years, we are thrilled to extend our partnership to LiuGong’s construction equipment and material handling divisions in the US,” remarked Tibor Horvath, Senior Vice President of Construction, Transportation and Industrial Sales for PEAC Solutions.

“By combining LiuGong’s high-quality range of machinery with PEAC Solutions’ diverse suite of financial products, I am confident that we will deliver unparalleled value to LiuGong, its dealer network, and its customers.”