HD Hyundai XiteSolution Enhances Financial Services for North American Material Handling Customers

- Partners with global financial firm DLL to deliver exclusive financial services for Hyundai Material Handling equipment
- Significantly boosts approval speed and user convenience via a fully digitized system from application to credit review

HD Hyundai XiteSolution is launching an exclusive financial program in collaboration with DLL (De Lage Landen), a global asset finance company. This initiative aims to provide faster and more convenient financial services to material handling customers in North America.

The program operates under a private-labeling model, combining the Hyundai Material Handling brand with DLL’s financial expertise to offer customized financial solutions. By granting DLL preferred financial partner status, HD Hyundai XiteSolution is positioned to deliver highly competitive interest rates to customers.

This North American financial program is expected to enhance the brand's competitiveness and credibility while providing differentiated financial services to customers purchasing through installment or lease plans.

Customers can apply for these financial services online via the "HYUNDAI Financing Hub," a dedicated application portal. The platform features various leasing and financing options tailored to meet specific business needs and capital management strategies.

For contracts under $500,000 that meet specific credit criteria, an automated credit review system will be implemented, reducing the approval process from an average of three days to less than three business hours.

Moreover, the program aims to lower lease rates by offering favorable residual value terms on HD Hyundai XiteSolution equipment. Special promotional interest rates will also be available for customers choosing 60-month long-term leases or installment purchases, easing the financial burden on North American buyers in a high-interest-rate market.

HD Hyundai XiteSolution plans to use a specialized dashboard program provided by DLL to monitor each contract's financing status in real time. Going forward, the company intends to continually enhance its customer financial services based on accumulated data and analytics.

△ A user interface screen of the "HYUNDAI Financing Hub," a dedicated financial services application portal for North American material handling customers introduced by HD Hyundai XiteSolution in partnership with DLL.