Gehl announces loan and lease program

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15 September 2010

Gehl Company, a wholly owned subsidiary of Manitou BF SA, has entered a strategic partner program with De Lage Landen Financial Services, Inc. to provide financing services for US customers. Finding financing for construction equipment has become increasingly difficult since the economic meltdown.

Effective Oct. 1, De Lage Landen Financial will offer loan and lease financing directly to registered US Gehl and Mustang dealers, as well as to end-user customers who need equipment finance help.

"On behalf of the Gehl Company, we are extremely pleased to have created a partnership with De Lage Landen," said Daniel L. Miller, Gehl Company president and CEO. "De Lage Landen's unique global footprint offers the potential for future expansion to include equipment finance solutions to our dealers and customers outside of North America."

"De Lage Landen values this newly developed relationship with the Gehl Company and is confident the partnership will support their equipment sales throughout the United States. We look forward to the opportunity for future program expansion and growth with Gehl Company," said Rod Versteegh, president of De Lage Landen's Construction, Transportation and Industrial global business unit.

Gehl has worked with De Lage Landen and their subsidiary AgriCredit in Canada for many years. For more information on

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