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Our customer is a worldwide leading manufacturer of chassis, engine and drive components for the automotive industry. His transmissions, axles, wheel brackets, bumpers, as well as his products for noise and vibration control, can be found in the models of numerous, well-known automotive brands.
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A need to act following an exclusive order
There is enormous competition among automotive suppliers. So obviously, when our customer was awarded a lucrative exclusive contract for producing steering knuckles for a Spanish subsidiary, he had to have his production line in Spain operating at full capacity as quickly as possible. Thanks to Deutsche Leasing’s considerable market knowledge, we were able to make a comprehensive, non-manufacturer based and extremely attractive investment offer which focused on a graduated product financing approach.
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Reliable planning via a customized contract
The necessary investment of over 5.5 million Euros was implemented within the framework of a detailed contract as a specially adapted renting model. The contract stipulated that several suppliers were to be included via general and licensing agreements, and that their activities be connected through partial financing. Reliable planning was a decisive criterion for our customer. This was achieved by determining leasing rates for the term of the contract and by guaranteeing that the investment costs would be paid off synchronously with the start of production.
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Immediate contract processing enabled our customer to accept this prestigious order.
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