http://www.graphicartsonline.com/article/CA6624402.html?industryid=47495
GE Capital Funds EFI Inkjet Sales
HOFFMAN
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.
EFI
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
Commercial
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.