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First American Equipment Finance Announces Increased Services to VARs, OEMs and their Customers
Thursday, February 18, 2010
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Chicago, IL (February 18, 2010) - First American Equipment Finance has expanded its longtime commitment to equipment finance by adding a Vendor Finance business headquartered in Chicago.
First American Vendor Finance works with manufacturers, distributors, dealers and Value-Added Resellers (VARs) to provide financing tools to meet the unique needs of their end-user customers.
"Embedding First American's financial solutions into a manufacturer's business model can help them sell additional equipment and software solutions," said Daniel Krajewski, Senior Vice President of First American Vendor Finance. "With First American, our comprehensive knowledge of equipment finance allows us to work with manufacturers, dealers and distributors to structure lease and loan financing for their customers - whether the need is simple or complex (including multiple locations, multiple technologies and extended delivery timelines).
Manufacturers and channel partners wishing to provide tailored customer financing - including all types of equipment, software and service packages - can take advantage of this new platform.
"First American Equipment Finance has provided customized, high-quality equipment leasing and financing services throughout the U.S. for 15 years," said William Verhelle, CEO. "We are pleased to expand our customer-focused business model to include Vendor Finance. It is the next logical step in our longtime commitment to equipment finance."
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