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Dynapac North America and First Citizens Bank Launch New Vendor Finance Agreement

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Dynapac North America (FCNCA) and First Citizens Bank Equipment Finance announced a vendor finance agreement on November 3, 2025 to provide leasing and lending solutions for Dynapac road construction equipment.

The program will support Dynapac's dealer network and distributors with tailored retail and rental financing to acquire asphalt rollers, pavers, feeders and light equipment, aiming to streamline equipment purchases and rentals and support contractor operations.

Dynapac North America (FCNCA) e First Citizens Bank Equipment Finance hanno annunciato un accordo di finanziamento del fornitore il 3 novembre 2025 per offrire soluzioni di leasing e prestito per l'attrezzatura per la costruzione di strade Dynapac.

Il programma supporterà la rete di concessionari e distributori di Dynapac con soluzioni di finanziamento al dettaglio e in affitto su misura per l'acquisto di roller per asfalto, pavimentatrici, alimentatori e attrezzature leggere, con l'obiettivo di semplificare gli acquisti e gli affitti di attrezzature e supportare le operazioni degli appaltatori.

Dynapac North America (FCNCA) y First Citizens Bank Equipment Finance anunciaron un acuerdo de financiamiento del proveedor el 3 de noviembre de 2025 para ofrecer soluciones de arrendamiento y crédito para equipos de construcción de carreteras Dynapac.

El programa apoyará a la red de distribuidores y concesionarios de Dynapac con opciones de financiamiento minoristas y de alquiler a medida para adquirir rodillos de asfalto, pavimentadoras, alimentadores y equipos ligeros, con el objetivo de agilizar las compras y alquileres de equipos y apoyar las operaciones de los contratistas.

다이나팩 노스 아메리카 (FCNCA)First Citizens Bank Equipment Finance2025년 11월 3일에 벤더 파이낸스 계약을 발표하여 다이나팩 도로 건설 장비에 대한 리스 및 대출 솔루션을 제공할 예정입니다.

이 프로그램은 다이나팩의 대리점 네트워크와 유통업체를 위해 소매 및 임대 자금 조달을 맞춤형으로 제공하여 아스팔트 롤러, 포장기, 공급기 및 경장비를 구입하도록 지원하고, 장비 구매 및 임대 절차를 간소화하며 시공업자의 운영을 지원할 것입니다.

Dynapac North America (FCNCA) et First Citizens Bank Equipment Finance ont annoncé le 3 novembre 2025 un accord de financement fournisseur afin de proposer des solutions de leasing et de crédit pour les équipements de construction routière Dynapac.

Le programme soutiendra le réseau de concessionnaires et de distributeurs de Dynapac avec des financements de détail et de location sur mesure pour l'acquisition de rouleaux à asphalt (rouleaux) , de finisseurs, d'alimentateurs et d'équipements légers, dans le but de rationaliser les achats et les locations d'équipements et de soutenir les opérations des entrepreneurs.

Dynapac North America (FCNCA) und First Citizens Bank Equipment Finance kündigten am 3. November 2025 eine Händlerfinanzierungsvereinbarung an, um Leasing- und Kreditlösungen für Dynapac Straßenbausgeräte bereitzustellen.

Das Programm wird Dynapacs Händlernetzwerk und Vertriebspartner mit maßgeschneiderten Einzel- und Mietfinanzierungen unterstützen, um Asphalt-Roller, Asphaltpördler? (,) und leichte Geräte zu erwerben und so den Erwerb und die Vermietung von Geräten zu erleichtern und die Arbeiten der Auftragnehmer zu unterstützen.

Dynapac North America (FCNCA) و First Citizens Bank Equipment Finance أعلنا عن اتفاق تمويل بائع يوم 3 نوفمبر 2025 لتقديم حلول التأجير والتمويل للمعدات الخاصة بإنشاء الطرق من Dynapac.

سيُدعم البرنامج شبكة الوكلاء والموزعين لدى Dynapac بتمويلات بيع بالتجزئة وإيجار مخصصة لاقتناء بكرات الأسفلت ومُكَمِّلات ومدخلات التغذية والمعدات الخفيفة، بهدف تسهيل شراء واستئجار المعدات ودعم عمليات المقاولين.

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Vendor finance deal expands equipment access for Dynapac dealers and may speed equipment sales and utilization.

Dynapac and First Citizens Bank Equipment Finance established a vendor finance program on Nov. 3, 2025 that offers leasing and lending to Dynapac's dealer network and distributors to purchase or lease road construction equipment. The arrangement links product supply with tailored credit and rental options, reducing friction for customers who need expensive paving and compaction machines.

The business mechanism increases addressable demand by lowering up‑front cash barriers for buyers and by enabling dealers to offer payment solutions. Outcomes depend on program uptake, underwriting standards, and deployment speed; credit losses or conservative credit terms would limit upside, while tight documentation and strong credit controls would contain risk.

Monitor program rollout metrics over the next 6–12 months: dealer adoption rate, financed units per month, average loan/lease tenor, and any stated underwriting criteria or portfolio concentration limits. Those metrics will indicate whether the program materially supports equipment sales and dealer cash flow.

NEW YORK, Nov. 3, 2025 /PRNewswire/ -- Dynapac North America LLC and First Citizens Bank Equipment Finance today announced a new vendor finance agreement that will provide Dynapac customers with leasing and lending solutions to secure new road construction equipment.

Based in Fort Mill, South Carolina, Dynapac is a global manufacturer that designs and produces equipment for road construction and compaction, including asphalt rollers, pavers, feeders, and light equipment. Dynapac is a subsidiary of Fayat Group, a French and international construction and industrial company.

The new agreement with First Citizens Bank will provide Dynapac's dealer network and distributors with financing to buy or lease road-paving equipment to help ensure faster, safer and more cost-effective road construction, maintenance and repair operations.

"Dynapac's compaction and paving solutions enable contractors to achieve high-quality and consistent results," stated Yann Monnet, President and General Manager of Dynapac North America. "Collaborating with First Citizens Equipment Finance allows us to provide more flexible financing options for dealers and customers to acquire the equipment needed to operate and grow their businesses."

"Dynapac is a trusted provider recognized for its engineering quality and robust dealer support," said Harold Ray, who leads the construction group at First Citizens Bank Equipment Finance. "This vendor program allows us to provide its dealer network and distributors with a tailored retail and rental financing program to find the equipment that best fits their needs."

First Citizens Bank's Equipment Finance group empowers original equipment manufacturers, vendors and small and mid-size businesses by providing equipment financing solutions via a distinctive inside/outside sales coverage model, seasoned supporting staff, technology-enabled platforms and market-leading structuring expertise.

About First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of branches and offices nationwide; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500™. Discover more at firstcitizens.com.

Media Contact:
Name: Katie Ellis
Email: kellis@svb.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dynapac-north-america-and-first-citizens-bank-launch-new-vendor-finance-agreement-302602667.html

SOURCE First Citizens Bank

FAQ

What did Dynapac (FCNCA) announce on November 3, 2025 regarding equipment financing?

Dynapac announced a vendor finance agreement with First Citizens Bank Equipment Finance to provide leasing and lending solutions for purchasers and renters of Dynapac equipment.

How will the Dynapac and First Citizens vendor finance program affect Dynapac dealers and distributors?

The program will offer tailored retail and rental financing options to Dynapac's dealer network and distributors to help acquire road-paving and compaction equipment.

Which types of equipment are covered by the Dynapac and First Citizens financing program?

Financing is available for asphalt rollers, pavers, feeders and light road-construction equipment produced by Dynapac.

Does the press release specify the financial size or rates of the vendor finance agreement for FCNCA?

No, the announcement does not disclose loan amounts, pricing, interest rates, or total program size.

When did Dynapac and First Citizens announce their vendor finance agreement for FCNCA?

The agreement was announced on November 3, 2025.

Who within Dynapac and First Citizens commented on the vendor finance agreement?

Yann Monnet, President and General Manager of Dynapac North America, and Harold Ray, leader of the construction group at First Citizens Bank Equipment Finance, provided statements.
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