Denver, CO., and Cleveland, OH. (PRWEB) April 21, 2014
Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced that it has been selected as the finance partner of Winncom Technologies. Winncom Technologies is a worldwide distributor and provider of complete networking solutions.
Through the partnership with Key Equipment Finance, customers in the U.S. and Canada purchasing both wired or wireless networking solutions through Winncom’s direct sales team or channel network will be able to take advantage of flexible financing options as part of the sales process. This means Winncom customers can maintain maximum flexibility and protect against equipment obsolescence while obtaining the company’s networking solutions with little or no cash down.
“Winncom is at the forefront of the global technology marketplace. This is a company that is known both for its industry expertise and its customer support,” said Scott Sullivan, senior vice president of technology finance at Key Equipment Finance. “The addition of one, comprehensive finance program further demonstrates the company’s commitment to designing solutions with its customers’ budgets and business needs in mind. I’m confident that Winncom will experience even greater customer satisfaction as customers begin taking advantage of this financing program for their networking equipment needs.”
Winncom noted its long-standing relationship as a KeyBank customer, as well as Key Equipment Finance’s reputation as a leader in technology finance, as primary reasons for selecting the company as its equipment finance partner.
“We’ve had great success with financing in the past, but we have always offered it on an ad hoc basis through various finance partners,” said Vladimir Federoff, chief financial officer of Winncom. “I’m excited to be creating one unified, comprehensive equipment finance program that we can consistently offer to each and every client, and I’m looking forward to deepening our relationship with Key through this partnership.”
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business for 41 years and is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its manufacturer and vendor alliances unit, equipment finance programs are developed for manufacturers, distributors and resellers.
Key Equipment Finance’s specialty finance group includes a lease capital markets team to support corporations looking to optimize risk and revenue, and a lender finance team, which provides structured facilities to various sectors of the specialty finance market. Headquartered outside Denver, Colorado, Key Equipment Finance manages $9.1 billion in assets and originates $4.3 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
KeyCorp (NYSE: KEY) was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key had assets of approximately $90.8 billion on March 31, 2014. Key provides deposit, lending, cash management and investment services to individuals, small and medium-sized businesses under the name of KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
Winncom Technologies, a premier value-added distributor, works with leading manufacturers to provide cutting-edge network solutions and premium support services. With a far-reaching, international scope, Winncom remains at the forefront of the global technology marketplace, demonstrating a reputation for quality products, a full range of network infrastructure and access products, and a customer-centered business model. Winncom offers one of the industry’s most notable product portfolios along with its scalable solutions, world-class customer service, and outstanding support. For more information, please visit http://www.winncom.com/.