HERC and Donlen launch equipment finance programme

Hertz Equipment Rental Corp (HERC) is offering its commercial customers the option of acquiring its equipment through finance and leasing packages from Donlen, Hertz’s financing and asset management division.

Hertz said the HERC Ready Finance programme would give customers access to "one-stop-shopping" for financing and assets across a wide spectrum of equipment and trucks.

"Today's hard-pressed credit markets often make it difficult to access capital, especially for small to mid-size companies," said Mike Lewis, Donlen senior vice president and general manager, equipment leasing.

"Customers are looking for options, and HERC Ready Finance gives them a seamless financial solution for the purchase of HERC equipment. By employing our respective resources, Donlen and HERC together are providing a way to help companies succeed and grow."

The HERC offering follows the launch of a similar service for Hertz car rental customers, with the Hertz Value Lease programme making the vehicle rental fleet available for lease.

"Hertz Equipment has one of the strongest fleet mixes in the equipment rental industry”, said HERC president, Lois Boyd, “By also offering financial options through Donlen, we further illustrate our position as the leading market solutions provider.”