Inkjet & Digital Printing
Ricoh Americas Corporation launches Distribution Finance Program with GE Capital to Ricoh U.S. Dealers
Friday 12. June 2009 - Ricoh Americas Corporation and GE Capital Commercial Distribution Finance today announced the launch of a finance program available for qualified dealers of Ricoh U.S. branded products including Ricoh, Savin and Lanier. The finance program offers dealers discounts, no interest financing and payment terms of up to 90 days.
“During this challenging economic environment, we recognize the need to support the distribution of our products by providing dealers flexible financing options,” said Christopher Chando, Director of Leasing and Contracts for Ricoh. “We appreciated GEs ability to quickly understand our objectives and provide the inventory finance solution we were looking for.”
GE Capitals Commercial Distribution Finance business provides financing options that include accounts receivable working capital loans, purchase order financing, inventory financing and other programs for various industries, including document imaging and technology.
“Distribution finance programs are a good option for businesses eager to keep their products moving through distribution channels,” said Tom Grathwohl, managing director of Technology and Electronics for CDF. “By working closely with customers, we can quickly provide solutions to help support their business objectives.”