DNB Finans is a division of DNB Bank ASA, which is Norway's largest financial services group and among the largest in the Nordic region. DNB Finans has a widespread distribution network. In addition the products are distributed through DNB Bank, Nordlandsbanken and various suppliers of capital goods. Division DNB Finans is Norway's largest finance organisation.

The main products are leasing, leasing concepts for ICT (Information and Communication Technology), factoring, car fleet management (Autolease), Sikret Billaan (a hire-purchase contract with payment protection insurance), car loans and creditcards. In addition, DNB Finans offers several forms of vendor financing programmes.

Leasing:
DNB Finans offers leasing of fixed assets and operating equipment such as motor vehicles, machinery, production equipment, construction equipment, office equipment and computers. Under a leasing agreement the object is available for use against payment of an agreed monthly sum. This gives the company a right to use the financed equipment without tying up equity.

Car loans: DNB Finans offers car loans to buy a new car or a used car. In addition we finance caravans, motorbikes and snowscooters. The applications will be dealt with promptly.

Fleet management: (Brand name " Autolease"). Fleet management is a complete solution for the management of company cars on hire-purchase agreements or contract to hire. DNB Finans develops administrative solutions aimed at making the customer's car-related activities as cost-effective and simple as possible.

Credit Cards: DNB Finans is Norway's largest credit card issuer. We are market leader in the areas of traditional purchase financing and credit cards for the organisational market and a major player in the direct credit card market.

Factoring: DNB Finans offers efficient follow-up of accounts receivables, flexible working capital facilities and assumes credit risk for customer losses. DNB Finans' factoring services boost business earnings by shortening the credit period, reducing bad debts and cutting payroll costs. We specialise in financing sound growth for small and medium-sized companies operating in the wholesale, retail, service and manufacturing sectors.

ICT financing:
The objective of ICT financing is to give customers the chance to invest in the opportunities presented by new technological solutions.

Vendor financing:
Vendor financing gives suppliers of capital goods the possibility to cover customer needs for financing through a cooperation agreement with DNB Finans. This gives customers a better overall product and a "turn-key" solution from suppliers. Customers regard this as a professional, safe and complete offer.

Contact

Business contact persons:

Morten Guldhaug, phone: + 47 90 15 08 08, mail to: morten.guldhaug@dnbnor.no
Kjell Stronen, phone: + 47 90 02 12 81, mail to: kjell.stronen@dnbnor.no
Lars Feginn, phone: + 47 90 08 49 38, mail to: lars.feginn@dnbnor.no