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BNP Paribas Leasing Solutions, CNH Industrial, and Iveco Group Extend Long-Term Retail Financing Partnership

BNP Paribas Leasing Solutions, CNH Industrial, and Iveco Group have renewed their long-term retail financing partnership across Europe.

Date: November 2, 2024

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BNP Paribas Leasing Solutions, CNH Industrial, and Iveco Group Extend Long-Term Retail Financing Partnership

Paris, France / Basildon, England / Turin, ItalyBNP Paribas Leasing Solutions., an equipment financing solution company, CNH Industrial N.V., an agricultural machinery manufacturer, Iveco Group NV., an automotive manufacturer has renewed their long-term retail financing partnership across Europe.

Mr. Neil Pein, CEO of BNP Paribas Leasing Solutions, said, "We are thrilled to extend our long-standing partnership with CNH and Iveco Group. This renewal underscores our dedication to delivering innovative, customised financial solutions to their retail customers. Our collaboration will continue to drive sustainable growth and success across the European market."

Mr. Douglas MacLeod, President of CNH Financial Services, said, "Our partnership with BNP Paribas Leasing Solutions has been instrumental in supporting our financial services business growth and providing our customers with flexible financing options. We look forward to building on this successful collaboration and delivering even greater value to our customers."

Mr. Simone Olivati, President of Financial Services at Iveco Group, said, "This renewed partnership aligns perfectly with our strategy of offering comprehensive financial solutions to our customers. By leveraging BNP Paribas Leasing Solutions’ expertise, we can provide competitive financing options that meet the unique needs of our customers."

Since its inception in 1997, the Joint Venture CNH Industrial Capital Europe has expanded to nine countries: Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Spain, and the UK. Operating under the CNH Capital and IVECO CAPITAL brands, the partnership offers leasing, financing, insurance, and services, helping CNH and Iveco Group customers enhance their operations. The collaboration with BNP Paribas Leasing Solutions further strengthens their market position and drives equipment sales. Through this venture, CNH Capital and IVECO CAPITAL provide flexible financing options, including purchase, rental, and lease arrangements for CNH machinery and Iveco vehicles.

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