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Hitachi Capital wins new Vaderstad deal PDF Print E-mail
Tuesday, 06 June 2017
Hitachi Capital Business Finance has secured a new business win after advanced negotiations with Väderstad, one of the leading suppliers of soil cultivation and seed drilling equipment. 

The deal will mean stock finance options will now be available to the Väderstad dealer network - consisting of 30 dealers operating from 75 locations throughout the UK and Ireland - on a three-year exclusive contract.

Hitachi Capital Business Finance and Väderstad already enjoy a successful Retail Finance relationship, which stretches back over a decade, however this deal was won against strong competition from Väderstad’s existing stocking provider.

Michael Alsop, Managing Director at Väderstad commented: “Hitachi Capital Business Finance has been a true partner to Väderstad Limited for over 10 years. Throughout that time we have enjoyed a relationship based on mutual respect, understanding and commitment; this has enabled us all to focus entirely on generating more and better business. The Väderstad Finance brand in the UK has become an inherent part of our operation and our culture, and is the envy of our colleagues throughout the rest of the Väderstad Group.

Moving our Dealer Stocking facility to HCBF will bring strategic and administrative benefits, as well as opening up the potential for us to be more creative and pro-active with that side of the business. Testament enough to our confidence in the relationship.”

Gavin Wraith-Carter, Managing Director at Hitachi Capital Business Finance commented: “At Hitachi Capital, we pride ourselves on exceptional levels of service and the ability to meet dealers’ specific requirements. We’re delighted when some of our best relationships with vendors flourish, as is the case with Väderstad. This demonstrates the level of our partnership as businesses, with our strong relationship being built over the last 10 years. Not only is this a sign that our work is market leading and valued, it cements our ambition to become a full service funder for businesses in both the agricultural and manufacturing sectors."

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