Volvo Financial Services offers a comprehensive selection under Volvo Group brands - Volvo Financial Services, Eicher Financial Services and SDLG Financial Services, the company said.
Volvo Financial Services strengthens the Volvo Group's ability to provide a competitive and total one-stop shop solution of equipment, loans, leases, insurance, maintenance, and other aftermarket services, to customers and dealers of the Volvo Group and VE Commercial Vehicles Ltd, it said in a statement.
Scott Rafkin, EVP and Global President, Volvo Financial Services, who officiated the launch today said, "Volvo Financial Services is a global enterprise, and being a part of the Volvo Group, we have a strong understanding of the use of the products made by Volvo Group and VE Commercial Vehicles under the Eicher Trucks and Eicher Buses brands, and the industries in which our customers operate in."
John Rakocy, President, Volvo Financial Services Region Asia-Pacific said "After running a private label financing program with one of the leading finance companies in India during 2011 to 2014, we decided to launch full-fledged operations in India using our own balance sheet."
Customers who finance their Volvo or Eicher products with Volvo Financial Services or Eicher Financial Services can preserve their existing lines of credit with their banks for other business needs, while enjoying the benefits of an integrated solution from the Volvo Group and VE Commercial Vehicles, the release said.