DLL Announces Financing Partnership with Waev on EVs

WAYNE, Pa. – DLL, a global financial solutions provider, announced a financing partnership with Waev Inc., an electric mobility provider. DLL will serve as a preferred financing partner for Waev’s GEM and Taylor-Dunn brands in the United States, offering both floorplan and end-user financing solutions. 

The demand for electric vehicles (EV) along with advancements in EV technology continues to grow. Through this partnership, DLL and Waev are committed to bringing EV solutions to market that deliver value, while also helping to achieve carbon emissions goals and to contribute to a circular economy that respects our planet’s resources. 

“We are thrilled to serve as a preferred financing partner for Waev and to continue our expansion into electric vehicles,” said Rob Abelman, Head of Global Program Management for the Commercial Finance division of DLL. “This serves as a perfect opportunity for DLL to continue our commitment to sustainability and provide financing options that drive a low carbon footprint and promote a circular economy. We look forward to supporting Waev and their dealers in all their financing needs.” 

DLL has more than 50 years of experience and offers all of Waev’s dealers a modern way to do business with easy-to-use online tools, while maintaining the personal support of the global DLL team. Under this new agreement, retail programs are also offered through DLL to provide GEM consumer financing options, including leasing, rental or commercial financing for B2B customers. 

“Waev is an established and trusted manufacturer of electric vehicles and we identified DLL as a trusted finance partner to share with our dealers and customers. DLL also values sustainability and is invested in the growth of the EV market, just as we are,” said Luke Mulvaney, SVP and chief growth officer, Waev. “Our partnership with DLL provides improved access to GEM and Taylor-Dunn EVs by enabling dealers to better stock inventory locally to make sure the EVs are in the right spot when customers need them. DLL’s consumer and commercial financing, leasing, and other retail options also makes it easy to purchase our EVs, eliminating the financial obstacle.” 

Through DLL, dealers of Waev EV brands will have the advantage of working with one solutions partner that can offer total financing solutions through the sales cycle. This may also help dealers improve cash flow management, match repayment terms to the sale of goods, increase purchasing power and offer competitive lease structures to their customer base. 

Source: https://rvbusiness.com/dll-announces-financing-partnership-with-waev-on-evs/