Komatsu to Offer Credit Card

Equipment company signs deal with HSBC to offer customer financing.

 

Komatsu America Corp., Vernon Hills, Ill., has announced the introduction of the Komatsu credit card. The card will be offered to Komatsu customers though HSBC, according to a release from Komatsu.

 

The Komatsu credit card is intended to make it easier for customers to purchase Komatsu equipment, parts and supplies, according to the release. Komatsu representatives say that customers will also benefit from increased purchasing power, revolving credit lines, promotional financing offers and flexible payment options.

 

HSBC, Buffalo, N.Y., is optimistic about the relationship with Komatsu, says Brian Zempel, managing director for HSBC’s business solutions group.

 

Walter Savage, director of marketing and administration for Komatsu Financial, echoes Zempel’s sentiments. “This program will give our customers exciting new buying power and flexibility in financing options,” he says. “The construction industry changes from day to day. New challenges bring new demands on our customers and their equipment needs. With the Komatsu credit card, we are making it easier for Komatsu and our distributor network to serve those changing needs.”