GE Capital has signed a vendor finance
agreement with 4Com, 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.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The platform will provide the company with
access to near real-time credit decisions on more than 90 percent
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 Ltd, 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.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataclaire.hack@vrlfinancialnews.com
