Question 1

What is DLL?

Accepted Answer

DLL (De Lage Landen International B.V., Sucursal en España) is the Spanish branch of a global vendor finance company specializing in asset-based financial solutions. Operating as an EEA branch under EU passporting rights, DLL focuses on equipment leasing and financing across multiple industries including agriculture, food, healthcare, clean technology, construction, transportation, industrial equipment, office technology, and automotive sectors.

As of 2024, DLL's Spanish branch holds approximately €1.23 billion in total assets, representing a 0.05% market share in the Spanish banking sector. The institution ranks as the 52nd largest bank in Spain.

Question 2

When was DLL founded?

Accepted Answer

DLL was founded in 1969 in the Netherlands by Rabobank and Interpolis as a credit company named De Lage Landen. The company was established to provide leasing and hire-purchase services, with its first transaction being a hire purchase for a Fiat 850S valued at 5,730 Dutch guilders.

In 1987, DLL began its European expansion, which ultimately led to the establishment of branches in multiple EU countries. The Spanish branch was authorized on January 1, 2000, allowing DLL to serve the Spanish market through its EU passporting rights. In 2014, the company underwent a major rebranding, adopting the name "DLL" along with a new logo and positioning itself as a "financial solutions partner."

Question 3

Where is DLL headquartered?

Accepted Answer

The Spanish branch of DLL is headquartered in Madrid, Spain. Specifically, the office is located at Calle Jose Bardasano Baos, 9, 5ª Planta, 28016 Madrid.

The parent institution, De Lage Landen International B.V., is headquartered in Eindhoven, The Netherlands, at Vestdijk 51, 5611 CA.

Question 4

Where does DLL operate?

Accepted Answer

DLL's Spanish branch operates throughout Spain, serving customers across the country from its Madrid headquarters. The branch leverages the EU passporting rights of its Dutch parent institution to conduct business in Spain under European Central Bank supervision.

Within Spain, DLL serves various regions, providing specialized financial solutions to equipment manufacturers, dealers, distributors, and end-users across multiple industries throughout the Spanish territory.

Question 5

What services does DLL offer?

Accepted Answer

DLL offers a comprehensive range of asset-based financial solutions tailored to equipment and technology financing:

Commercial Finance: Solutions for manufacturers and dealers to finance inventory from the manufacturing plant to the showroom floor, including wholesale floorplan financing and dealer inventory programs.

Retail Finance: Point-of-sale financing solutions designed to help customers acquire equipment and technology, with flexible payment structures that match business cash flows and budget requirements.

Equipment Leasing Products: Multiple leasing structures including finance lease, operating lease, hire purchase, and serviced rental options with terms ranging from 24 to 84 months.

Used Equipment Finance: Remarketing programs and financing solutions for pre-owned equipment, extending asset value beyond initial deployment.

Specialized Industry Solutions: Customized financing programs for specific sectors including food and agriculture equipment, healthcare technology, construction machinery, transportation vehicles, industrial equipment, office technology, and clean energy solutions.

Digital Services: Online application processes and digital tools for efficient financing applications, leveraging technology for quick approvals and streamlined documentation.

Question 6

What makes DLL unique?

Accepted Answer

Global Vendor Finance Leadership: DLL is recognized as the #1 vendor finance provider in the United States for ten consecutive years (through 2018) and ranked among the top five European leasing companies.

Industry Specialization: Unlike traditional banks, DLL provides deep expertise across nine distinct equipment sectors, with dedicated teams of industry specialists who understand specific market dynamics and asset types.

Rabobank Backing: As a wholly owned subsidiary of Coöperatieve Rabobank U.A., one of the world's leading food and agriculture banks, DLL benefits from extensive research capabilities and global financial strength, particularly in agricultural markets.

Complete Asset Lifecycle Management: DLL offers financing solutions for the entire equipment lifecycle, from acquisition through remarketing, including maintenance, service, and insurance packages integrated into financing agreements.

Flexible Payment Structures: The institution provides highly customized financing options including seasonal schedules, deferred payments, balloon payments, step-up or step-down payments, and monthly or quarterly billing options tailored to business cash flow patterns.

Circular Economy Focus: DLL has received recognition for its commitment to sustainability, including the Young Global Leaders' Circular Economy Investor Award at the World Economic Forum in 2016.

Question 7

What type of financial institution is DLL?

Accepted Answer

DLL's Spanish branch operates as a Sucursal Financiera de Entidad de Crédito Comunitaria (EEA Credit Institution Branch) under Spanish banking regulations.

This classification means DLL operates as a branch of a credit institution authorized in another EU member state (the Netherlands) and conducts business in Spain through EU passporting rights under the Capital Requirements Regulation (CRR). The branch is supervised by the European Central Bank as the competent authority, reflecting its status as part of a systemically important EU banking group.

Unlike standalone Spanish banks, EEA branches leverage their parent institution's banking license while maintaining a local presence to serve Spanish customers. DLL specializes in vendor finance and asset-based lending, distinguishing it from traditional retail or commercial banks by focusing exclusively on equipment and technology financing rather than general banking services.

Deposits in DLL's Spanish branch are protected up to €100,000 per depositor through the Netherlands' Deposit Guarantee Fund (DGF), as the guarantee scheme of the home country applies to EEA branches.

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About DLL in Spain