Print-finishing machine
manufacturer Duplo International has teamed up with Siemens
Financial Services to launch ‘Duplo Finance’.

The three-year, white-labelled,
pan-European vendor deal gives Siemens Financial Services a first
choice preference to provide finance to Duplo’s customers.

The deal has already been rolled out
across the UK and in France, and will be introduced to Italy and
Poland early this year.

Duplo Finance’s offer centres on
providing a total package, which includes provision of hardware,
software, installation, training and consultancy services.

The printer industry already has
around a 95 percent finance penetration rate, although this is
usually done through banks, according to Foulques de Montaigu, a
senior adviser at Duplo Finance.

“We would like to become a key player
in the market, and cover our customer’s financing needs ourselves,”
de Montaigu said.

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“For years, our sales team referred
customers to brokers and finance houses. Today we are changing the
approach to our customers’ demands,” he added.

Peter Jolly, Duplo UK’s marketing
manager, added: “Duplo Finance ensures that we can offer everything
under one roof, and give our customers a single supplier
source.”