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 user 2009-01-14 at 12:14:44 pm Views: 49
  • #21201

    GE Capital Funds EFI Inkjet Sales
    ESTATES, Ill.–GE Capital Solutions, Commercial Distribution Finance
    (CDF) will launch a no interest-financing program for qualified
    distributors of EFI (EFII) Inkjet products. The new program, which
    includes terms to 120 days, will start on January 1, 2009, the company
    announced today.“EFI understands that the distribution channel is
    facing a challenging economy so we are creating financing solutions
    with GE Capital Solutions, the leader in channel working capital
    finance,” said John Ritchie CFO of EFI. “We are launching this extended
    terms program at a time when many technology companies are pulling
    back, which reflects our confidence in our products and commitment to
    our partners.”CDF provides financing that includes accounts receivable
    working capital loans, purchase order financing, inventory financing
    and other programs for various industries, including technology and
    telecommunicationS.”We are pleased EFI chose GE Capital Solutions to
    provide the working capital financing needs of their customers,” said
    Tom Grathwohl, managing director of CDF’s Technology unit. “With
    finance programs designed for integration solution providers of all
    sizes, we are positioned to support EFI’s continued growth.”

    About EFI, Inc.
    is the world leader in customer-focused digital printing innovation.
    EFI’s award-winning solutions, integrated from creation to print,
    deliver increased performance, cost savings and productivity. The
    company’s robust product portfolio includes Fiery® digital color print
    servers; VUTEk® superwide digital inkjet printers, UV and solvent inks;
    Jetrion® industrial inkjet printing systems; print production workflow
    and management information software; and corporate printing solutions.
    EFI maintains 28 offices worldwide.

    About GE Capital Solutions, Commercial Distribution Finance
    Distribution Finance, a unit of GE Capital Solutions, is a leading
    provider of specialized financing products and services for various
    industries. Offerings include inventory financing, accounts receivable
    financing, asset-based lending, private label financing, collateral
    management, e-commerce services and related financial products.
    Additional information about CDF can be found online at http://www.ge.com/cdf.