Toyota Material Handling Europe Rental AB 

Toyota Material Handling Europe (TMHE) Rental AB's assignment and business

• TMHE Rental AB started in 1996 and is responsible for customer financing within TMHE and handles funding for materials handling equipment offered to TMHE:s customers under the Rental concept. The customer financing activity is done via each local Market and Sales Company that has a Rental Agreement with the end customer. 
• Mission – To coordinate the long term customer financing activities within TMHE;
  a) Centralised solution – the TMHE Rental concept
  b) Responsible for external local leasing solutions
• The aim is to centralize the responsibility for handling the financing risk, currency risk, interest risk, liquidity risk and credit risk.
• TMHE Rental AB currently handles financing of Rental Agreements under the Long Term Rental (LTR) concept (normally 2-7 years). The funding by TMHE Rental AB comprises only the equipment, not the whole Rental Agreement.

TMHE Rental AB is a credit market company under supervision of The Swedish Financial Supervisory Authority, Finansinspektionen. Being a credit market company, TMHE Rental AB has to, among other things, disclose information concerning capital adequacy and risk management in accordance with the Capital Adequacy Act, Lagen (2006:1371) om kapitaltäckning och stora exponeringar. This information is given in attached document.

Capital Adequacy and Risk Management - Periodic report 2010/11 »

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