CNH INDUSTRIAL CAPITAL EUROPE

CNH Industrial Capital Europe is the captive finance arm of CNH Industrial, supporting sales of Case IH, New Holland Agriculture, STEYR, CASE Construction Equipment and New Holland Construction across European markets by providing equipment-focused financing rather than traditional banking services. Its core products include retail installment loans, finance and operating leases, and hire purchase, with options such as seasonal payment schedules, balloon structures, and VAT/tax-aligned plans; add-on services may include insurance and extended protection offered via partners. For dealers, it provides wholesale floorplan, demonstrator and rental fleet financing. Distribution runs primarily through the manufacturer’s dealer network and selected online channels; underwriting considers credit history, financial statements, cash flow, down payment and collateral, and contracts are typically secured by the financed equipment with repossession rights on default. Pricing depends on country, asset type and program, with rates set on a market or promotional (subsidized) basis; fees can include documentation, administration, late payment, early settlement and end-of-lease charges, and operating leases carry residual value risk. The company funds receivables using a mix of parent support, committed bank facilities and periodic securitizations of retail and wholesale portfolios via European special-purpose entities, and it is reported within CNH Industrial’s Financial Services segment under IFRS. It is not a deposit-taking institution and does not provide current accounts, cards or payment services; activities are subject to applicable consumer credit, leasing, financial promotion and data-protection rules in each jurisdiction, with local entity authorizations where required. Servicing is handled through dealers and country call centers, with online account tools available in some markets for statements, payment changes and early payoff quotes. Geographic coverage spans the EU and other European countries, though eligibility criteria, documentation standards, maximum advance rates, term limits and subsidy availability vary by market and customer segment. Key borrower considerations include potential exposure to variable-rate options, asset value fluctuations, fees on contract changes and the tax treatment differences between loans and leases; the lender’s risk profile reflects credit losses tied to cyclical agriculture and construction demand, residual value outcomes and dealer concentration. Complaints are managed under local processes with escalation to statutory alternative dispute resolution or ombudsman schemes where applicable. This financing is generally suited to customers seeking equipment-secured credit aligned to seasonal or project cash flows through an integrated dealer experience; businesses needing broader banking products or unsecured facilities will need to use banks or independent lessors, and should compare total cost, subsidy value and non-rate fees across offers before committing.