De Lage Landen Canada Celebrates 10th Anniversary in the Equipment Lease Finance Industry

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De Lage Landen Financial Services, a global provider of high-quality asset-based financing products to manufacturers and distributors of capital goods, is pleased to announce that its office in Oakville, Ontario is about to mark its 10th anniversary in the equipment lease financing business.

De Lage Landen Financial Services, a global provider of high-quality asset-based financing products to manufacturers and distributors of capital goods, is pleased to announce that its office in Oakville, Ontario is about to mark its 10th anniversary in the equipment lease financing business.

When De Lage Landen Canada opened its doors on February 14, 2000, it had 10 staff members, and its focus was mainly on the office equipment sector. After 10 very successful years, the Canada office has expanded into the healthcare, agriculture, office technology, transportation, and construction and industrial sectors, and it is now supported by the expertise of more than 180 employees across the country.

Thanks to the financial strength of De Lage Landen's parent company, Rabobank, the Canada office's access to capital has consistently ensured safety and stability for its financing partners, and has successfully grown the office's portfolio to more than $1.0B (Cdn).

About De Lage Landen
De Lage Landen is a global provider of high-quality asset-based financing products. Headquartered in Eindhoven (the Netherlands), De Lage Landen is 100% owned by Rabobank. This Dutch bank is triple-A rated by the major rating agencies Moody's and Standard & Poor's.

With offices and joint ventures in more than 35 countries worldwide, De Lage Landen specializes in asset financing and vendor finance programs on a worldwide scale. The global offering also includes an array of commercial finance solutions. The company focuses on the following industries: Food & Agriculture, Healthcare, Office Equipment, Technology Finance, Financial Institutions, Transportation and Construction & Industrial. De Lage Landen also offers private-label leasing programs for the banking industry, and delivers a broad range of financial services to leasing organizations and non-banking financial institutions.

In the Netherlands, De Lage Landen offers a broad range of financing products, both through local Rabobanks and directly to the market. These products include Equipment Leasing, Car and Commercial Vehicle Leasing, ICT Leasing, Consumer Finance and Factoring.

Athlon Car Lease International became part of De Lage Landen Group in 2006. Athlon Car Lease International is an international provider of operational car leasing, active in eight European countries.

In 2008 De Lage Landen achieved a net profit of €235 million and a lease portfolio of €23.3 billion. By year-end 2008, De Lage Landen had 4,965 employees. For more information, please visit our website: http://www.delagelanden.com.

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Helene Rudzinski