GE Capital has signed a
vendor finance agreement with 4Com Capital, a UK provider of
business telephone systems.
The agreement is aimed at
fuelling growth in 4Com’s sales to UK SMEs through GE Capital’s
iManage Leasing extranet platform.
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The platform will provide the
company with access to near real-time credit decisions on more than
90% of all equipment leasing applications.
The 4Com team will also be
able to use GE Capital’s up-sell facility, which instantly notifies
the company on whether its customers are entitled to further
credit.
Ian Wederell, CEO at 4Com
Capital said: “GE was able to provide some truly innovative
solutions, which we feel will allow us to increase efficiency in
our sales and leasing processes further, as well as helping to
support 4Com’s growth.”
Jonathan Maycock, commercial director at GE Capital
Equipment Finance UK, added: “I feel the ability to truly
understand the business of our customers and partners gives us the
capacity to add real value and make our partnership with 4Com a
real success.”
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