DLL

What DLL does

DLL (legal entity: De Lage Landen International B.V.) is a global asset finance company and wholly-owned subsidiary of Coöperatieve Rabobank U.A., headquartered in Eindhoven, Netherlands, and operating across more than 25 countries. Founded in 1969, DLL provides vendor finance solutions that span the full asset lifecycle — including commercial finance (inventory floor planning, asset-based lending), retail finance (loans, financial and operating leases, FMV leases), pay-per-use and as-a-service models, custom asset finance, used equipment remarketing, and insurance and risk protection. The company serves equipment and technology manufacturers, distributors, dealers, and end-user businesses across verticals including agriculture, construction, healthcare, transportation, energy transition, eMobility, materials handling, intralogistics, software/technology, and office equipment. As of the most recent disclosures, DLL manages a portfolio exceeding €47 billion and employs 5,500+ people across regions including Europe, the Americas, Asia Pacific, and select emerging markets.

The company's technology stack centers on digital contracting tools (e-contracting usage up 46.6% since Q1 2022 per Wolters Kluwer's Equipment Lease Finance Digital Transformation Index), IFRS 16-compliant financing structures, and structured inventory finance platforms. DLL applies data science and machine learning to process automation and predictive risk modeling. It also operates global shared service centers (notably in Mumbai) and co-develops programs with strategic vendor partners including AGCO (joint venture: AGCO Finance), Philips, Epson, Alfen, Rivulis, and the EIB. Revenue is generated primarily through interest spreads and leasing margins on the managed portfolio, transaction fees on blended finance programs, and recurring revenue from long-term multi-year financing contracts across business, government (e.g., NHS trusts), and end-user customers.

Name

DLL

Legal name

De Lage Landen International B.V.

Website

https://dllgroup.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

DLL is a global vendor finance company and wholly-owned subsidiary of Rabobank, providing asset lifecycle financing — commercial finance, retail finance, pay-per-use, and used equipment remarketing — to equipment manufacturers, distributors, dealers, and end-users across 25+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Eindhoven

HQ country

Netherlands

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Finance and Leasing: DLL generates revenue through providing financing solutions to equipment and technology manufacturers, distributors, and dealers. This includes commercial finance (inventory finance, floor planning, asset-based lending), retail finance (loans, financial leases, operating leases, FMV leases), and custom asset finance solutions structured around asset lifecycles and operational cash flows.
2. Blended Finance Programs: DLL participates in blended finance initiatives combining public and private capital with risk-sharing mechanisms for sustainable agriculture and energy transition projects in emerging markets.
3. Green Finance Solutions: DLL provides Green Finance options for sustainable equipment, supporting customers transitioning to more circular and environmentally responsible business practices through flexible financing structures.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels7 records

Core offering

DLL provides integrated financial solutions for the entire asset life cycle, serving equipment and technology manufacturers, distributors, dealers, and end-user businesses in more than 25 countries. Core offerings include Commercial Finance (inventory finance, floor planning, asset-based lending), Retail Finance (loans, financial leases, operating leases, FMV leases, pay-per-use, sale-and-leaseback), Used Equipment Finance and remarketing, Custom Asset Finance, Insurance and Risk Protection Solutions, and Digital Solutions (e-contracting, online portals).

Product overview

DLL is a global asset finance company and wholly-owned subsidiary of Rabobank, offering a comprehensive suite of vendor finance solutions across the complete asset lifecycle. The company's portfolio consists of core financing products including Commercial Finance (inventory floor planning and asset-based lending), Retail Finance (loans, leases, pay-per-use, sale-and-leaseback), Used Equipment Finance, Custom Asset Finance, and Pay Per Use solutions. Supporting services include Fair Market Value Leasing, Insurance and Risk Protection Solutions, and Digital Solutions for streamlined contracting. DLL serves equipment and technology manufacturers, distributors, and dealers across 16 industries including Agriculture, Construction, Healthcare, Transportation, Energy Transition, and eMobility, operating in more than 25 countries with €47+ billion in managed portfolio assets.

Differentiator

Problem solved

Functional benefit

Brands

• AGCO Finance: Joint venture between DLL and AGCO providing worldwide financing solutions for AGCO agricultural equipment

Products and services

• Commercial Finance

Quantifiable outcome

• Electric ground support equipment generates up to US$3,000 in annual operational savings per vehicle
• +3 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• AGRI3 FundcoreStrategic or Co-development Partner · 13 June 2026DLL partnered with the AGRI3 Fund and Rivulis to launch a blended finance program for sustainable agriculture in emerging markets. The program combines public and private capital with risk-sharing mechanisms, with Peru as the first pilot market.
• RivuliscoreStrategic or Co-development Partner · 13 June 2026Rivulis partnered with DLL and AGRI3 to provide turnkey drip irrigation packages backed by DLL financing and AGRI3 guarantees. San Efisio blueberry farm in Peru's Paiján Valley is the inaugural client.
• Rabo PartnershipscoreStrategic or Co-development Partner · 13 June 2026Rabo Partnerships collaborated with DLL on developing the AGRI3 blended finance program for sustainable agriculture, combining Rabobank's agricultural expertise with DLL's financing capabilities.
• PhilipscoreStrategic or Co-development Partner · 12 June 2026DLL partnered with Philips to provide flexible financing models including IFRS 16-compliant solutions (pay-per-use, as-a-service) for NHS organizations. Recently signed contract with a large London trust for ICU patient monitoring as-a-service model.
• AlfencoreStrategic or Co-development Partner · 9 March 2026DLL and Alfen partnered to finance deployment of Alfen's mobile battery storage system (TheBattery Mobile X), starting in the Netherlands and UK with phased rollout to other European markets to address grid accessibility constraints.
• Invisible Urban Charging Inc. (IUC)minorStrategic or Co-development Partner · 6 March 2026DLL Group provided financial backing for IUC's $500 million investment to deploy electric bus charging infrastructure in central Mexico and Bajío region as part of Mexico's clean transportation initiative.
• ATX Smart MobilityminorStrategic or Co-development Partner · 6 March 2026ATX Smart Mobility partnered with IUC and DLL Group for $500 million EV infrastructure investment in Mexico, deploying 140 electric buses and 38 DC fast chargers across Querétaro, Puebla, and Mexico City Metropolitan Area.
• EpsoncoreStrategic or Co-development Partner · 23 February 2026Epson expanded its leasing program through partnership with DLL, enabling businesses to access Epson technology without upfront capital. Collaboration gives Epson access to end-of-lease products for circularity programs while extending financing to harder-to-reach European markets including Finland and Ireland.
• AGCO FinancecoreStrategic or Co-development PartnerAGCO Finance is a joint venture between DLL and AGCO providing worldwide financing solutions for AGCO agricultural equipment, serving farmers and dealers in DACH region and globally.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• BNP Paribas Leasing Solutions: BNP Paribas Leasing Solutions is one of Europe's largest vendor finance businesses, providing equipment and technology financing across multiple industries. It is the most direct competitor to DLL given similar scale, vendor partnership model, and European geographic footprint.
• AGCO Finance: AGCO Finance is a joint venture between DLL and AGCO providing financing for AGCO agricultural equipment. While partly DLL-owned, it operates as a competitor-style captive entity serving the same vendor finance model in agriculture.
• Caterpillar Financial Services: Caterpillar Financial Services provides dealer and customer financing for Cat equipment globally. Directly comparable to DLL's commercial and retail finance products in the construction, materials handling, and industrial equipment space.
• Siemens Financial Services (SFS): Siemens Financial Services is the captive/vendor finance arm of Siemens providing equipment financing, leasing, and project finance. Comparable to DLL as a major OEM-aligned vendor finance provider serving multiple industrial verticals globally.
• Hitachi Capital / Hitachi Financial Services: Hitachi Capital provides vendor financing and equipment leasing globally including heavy machinery and industrial equipment. Comparable to DLL as an OEM-aligned, multi-vertical asset finance provider with global operations.
• Deutsche Leasing: Deutsche Leasing is a major German vendor finance company serving SMEs and mid-market equipment buyers. Comparable to DLL as a European-headquartered, multi-vertical asset finance provider with deep manufacturer relationships.

Emerging players

• Tikehau Capital: Tikehau Capital is a European alternative asset manager with growing private debt and equipment finance capabilities. An emerging competitor in European asset finance that increasingly overlaps with DLL's mid-market vendor finance business.
• Ingram Micro Finance / technology vendor finance peers: Technology distributor finance programs (including those operated by Ingram Micro and similar IT distribution finance arms) compete with DLL's Software and Technology vertical. They offer vendor-aligned leasing solutions to enterprise IT buyers.

Regional players

• BALfin Group (LeasePlan successor / Vendor Finance peers): BALFIN Group and similar regional vendor finance players operate in Southeast Europe and emerging markets providing equipment leasing. Comparable to DLL's regional vendor finance model but focused on different geographies.

Broad incumbents

• John Deere Financial: John Deere Financial is the captive finance arm of Deere & Company providing retail leases and loans to dealers and customers. While focused on agriculture, it competes with DLL's agriculture vertical through dealer floor planning and end-user leasing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/DLLgroup
• Facebookfacebook.com/dllgroup
• LinkedInlinkedin.com/company/dllgroup
• Instagraminstagram.com/lifeatdll

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DLL