Netsol’s API-enabled technology aims to foster closer ties between Hiltermann and its dealerships. Credit: metamorworks / Shutterstock.

NetSol Technologies, a solutions provider for the asset finance and leasing sectors, has partnered with Netherlands-based Hiltermann to enhance its presence in the European asset finance and leasing sector.

This collaboration marks Netsol’s first strategic move into the Netherlands, aligning with its European expansion goals.

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It sees Hiltermann adopting Netsol’s wholesale finance system (WFS), a white label lending platform designed to bolster Hiltermann’s offerings in the asset finance and leasing market.

Netsol’s API-enabled technology aims to foster closer ties between Hiltermann and its dealerships, enhance customer relations, and secure a broader competitive edge.

The technology integrates with local market infrastructures. It also facilitates automation and scalability operations. This efficiency is expected to benefit both funders and dealers within the leasing and finance industry.

Netsol Technologies Europe managing director Darryll Lewis said: “Our hybrid approach to implementation – leveraging cost and time zone benefits with the team offshore combined with our expert team being on-site in the Netherlands at key project phases – was key in delivering a competitive but timely solution to Hiltermann.

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“Our cloud technology paves the way for future scalability and flexibility, ensuring we can continue to deliver exceptional service and innovation to Hiltermann for years to come.”

Hiltermann dealer finance head Roy Busschers said: “The software gives us improved funding flexibility with dealers and enhances our reporting of dealer loan portfolio performance. The speed of implementation, just five months from start to finish, was impressive and the whole implementation was very smooth!”

In April 2024, an unnamed German auto captive finance company implemented Netsol’s platform, NFS Ascent, to power its operations in South Korea.