Written by Stella Meehan from Agriland
Agricultural machinery manufacturer Claas has said that there will be “minimal” impact on customers in the Republic of Ireland as a result of a new financing model.
The company has confirmed to Agriland that Claas Financial Services Ltd. has entered a new commercial arrangement with Everyday Finance DAC.
Claas Financial Services is the finance division of the brand with the aim of making “access to Claas equipment easy and affordable”, according to the company.
Since 1999, it has offered finance to agricultural customers in 11 countries around the world.
The company said that in the UK and Republic of Ireland, Claas Financial Services Ltd., has “helped over 10,000 customers” become owners of its equipment.
Under the new model, Claas Financial Services Ltd. and Everyday Finance DAC said they will “ensure high levels of continuing service to Irish customers”.
The new financial model is being implemented in response to changes to the regulatory framework in Ireland.
It added that the Claas Financial Services area managers remain the dedicated primary contact point for all new financing requirements for the company’s customers, which include many agricultural contractors.
In the past, the manufacturer has provided financial solutions such as hire purchase (HP) agreements, finance leases and operating leases.
The Xerion tractor celebrated 25 years of production in 2022
It’s understood many customers of the brand, such as contractors, were informed of the new financial arrangement in recent days.
Everyday Finance DAC, which is part of the Link Financial Group is one the largest credit management businesses in Ireland.
Link Financial has stated that since the company was set up, it “has pioneered an ethical and transparent approach to credit management”.
Everyday Finance DAC has previously taken over the loan books or distressed debt of many commercial properties across the country, from financial institutions.
The post Claas: ‘Minimal’ impact on Irish customers with new finance model appeared first on Agriland.co.uk.
Continue reading on the Agriland Website...
The company has confirmed to Agriland that Claas Financial Services Ltd. has entered a new commercial arrangement with Everyday Finance DAC.
Claas Financial Services is the finance division of the brand with the aim of making “access to Claas equipment easy and affordable”, according to the company.
Since 1999, it has offered finance to agricultural customers in 11 countries around the world.
The company said that in the UK and Republic of Ireland, Claas Financial Services Ltd., has “helped over 10,000 customers” become owners of its equipment.
Claas financing
Under the new model, Claas Financial Services Ltd. and Everyday Finance DAC said they will “ensure high levels of continuing service to Irish customers”.
The new financial model is being implemented in response to changes to the regulatory framework in Ireland.
It added that the Claas Financial Services area managers remain the dedicated primary contact point for all new financing requirements for the company’s customers, which include many agricultural contractors.
In the past, the manufacturer has provided financial solutions such as hire purchase (HP) agreements, finance leases and operating leases.
The Xerion tractor celebrated 25 years of production in 2022
It’s understood many customers of the brand, such as contractors, were informed of the new financial arrangement in recent days.
Everyday Finance DAC
Everyday Finance DAC, which is part of the Link Financial Group is one the largest credit management businesses in Ireland.
Link Financial has stated that since the company was set up, it “has pioneered an ethical and transparent approach to credit management”.
Everyday Finance DAC has previously taken over the loan books or distressed debt of many commercial properties across the country, from financial institutions.
The post Claas: ‘Minimal’ impact on Irish customers with new finance model appeared first on Agriland.co.uk.
Continue reading on the Agriland Website...
