French leasing landmark Crédit Agricole Leasing (CAL) has forged
a major new vendor partnership with print systems manufacturer
Canon’s French arm.
The agreement, which will run initially for four years until
February 2013, will support sales of products from Canon France
subsidiaries Canon Business Centers and Fac-similé.
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Asset finance from CAL, under the company’s Lixxbail brand, will be
available to Canon’s office and IT equipment clients from 2
June.
The partnership is expected to generate in excess of €100 million
annually, and will utilise CAL’s online financing tool Lixxnet at
Canon France’s points of sale.
In January, it was announced that Canon Svenska in Sweden had
selected Siemens Financial Services AB (Siemens), a leading
provider of innovative asset finance, to be its strategic finance
partner.
Under the terms of the four year, €180 million agreement Siemens
will provide all point-of-sale finance for Canon’s direct business
in Sweden, as well as supporting its network of franchise
dealers.
Fred Crawley
