Equipment Finance News

PEAC Solutions and HD Hyundai partner for US financing program

Mike RossSenior Vice President, HD Hyundai Construction Equipment North America

Multi-national asset finance platform, PEAC Solutions, has entered into a strategic collaboration with HD Hyundai Construction Equipment North America (HD Hyundai) as a preferred financing partner.

Building upon the alliance established in November 2023 with HD Hyundai Material Handling, the partnership marks a significant milestone in strengthening financing opportunities within the construction industry.

As part of this venture, HD Hyundai will integrate PEAC Solutions into its preferred financing provider network, facilitating retail end-customer financing, dealer rental fleet financing, and inventory floor plan financing. By offering competitive rates and flexible lease payment options, coupled with streamlined dealer financing, Hyundai dealers will benefit from a comprehensive solution designed to enhance sales growth and market expansion.

“This agreement gives HD Hyundai and our dealers across the United States new financing options to help give more customers in road building and general construction, utility work, aggregates operations, public works, material-handling applications, lumbering, and other operations the chance to experience the benefits of our trusted, proven construction equipment,” said Mike Ross, Senior Vice President, HD Hyundai Construction Equipment North America.

“PEAC’s CT&I leadership has roots reaching back to Hyundai’s entrance into North America more than a quarter-century ago and we could not be more pleased at this new opportunity to be part of their continued growth and success,” said Jeff Gocken, PEAC’s Vice President of CT&I Sales.

“By combining HD Hyundai’s quality products and exceptional product support with PEAC Solutions’ financial product offerings, we look to create significant value for HD Hyundai, its exceptional dealer network, and its customers.”