Related News

National City Commercial Capital Company and ING Vendor Lease International are jointly launching new pan-European equipment financing solutions.


Under a strategic agreement National City will begin providing equipment financing solutions for its US and Canadian based-customers operating in Western, Central and Eastern Europe, while ING Lease will be providing complete US and Canadian equipment financing packages for its Europe-based customers.


The partnership allows National City to have immediate access to ING Lease’s already longstanding network of customers across Europe.


The arrangement is in response to demands of the companies” customers for a single source of financing for their US, Canadian and European markets, and will act as a “one stop shop” for financing its customers “needs.


In addition to National City’s financing solutions, the bank’s international banking division also provides a range of export finance facilities, offering a full range of cross-border financing and credit, such as structured trade finance, letters of credit and multicurrency loans.