3D printing fabricators and makerspaces have a growing need for 3D printing capacity. New equipment spending must be managed against available assets to maintain positive cash flow. - Carl Wiseman, CFO, Type A Machines
San Leandro, CA (PRWEB) August 31, 2016
Type A Machines®, the market leader in manufacturing-ready Fused Filament Fabrication (FFF) 3D printing solutions, today announced a new equipment lease program, in partnership with Marlin Business Services Corp.®. Through the company’s new program, educational institutions and businesses, including qualifying startups, can harness the parallel-production capabilities of the company’s six printer Print Pod Production System, for as little as $725 per month. Comprised of six centrally controlled Series 1 3D printers, scalable to 60, the Print Pod is the industry's first parallel FFF/FDM production system. Individual Series 1 printers, materials, and services are also available through the program.
“3D printing fabricators, service bureaus, makerspaces and even individual makers have a growing need for 3D printing capacity. New equipment spending though, must be managed against available assets to maintain positive cash flow,” said Carl Wiseman, Chief Financial Officer, Type A Machines. “We’re very pleased to have found a partner in Marlin that understands this opportunity and can serve the growth and evolving needs of the marketplace.”
“Equipment leasing is an important strategy for businesses of all sizes,” said William Miller, Vice President of Sales, National Accounts, Marlin Business Services Corp. “Marlin is proud to partner with Type A Machines and offer an attractive, convenient financing program to their customers, that can positively impact their bottom line.”
Established companies lease to preserve credit lines, start-ups and individuals lease to preserve cash, and many businesses lease to avoid equipment obsolescence. At the end of the financing term, customers can either purchase the equipment, trade it in for newer technology, or return it. Leasing enables businesses to stay at the forefront of their industry.
Easy Process. Rapid Response.
Through a direct application link at checkout, any customer can learn about, and instantly apply for financing. In most cases, application response time is just a few hours.
Once approved, customers can choose a range of options tailored to fit their budgets, including terms ranging from 12 month to 60 months, $1 Buy-Out, or Fair Market Value leases.
To learn more about the Type A Machines Leasing Program and the value of leasing, click here.
About Type A Machines:
Type A Machines, Inc. designs and manufactures the Series 1™ and Series 1 Pro™ FFF/FDM 3D printers, and the industry-first Print Pod™, a centrally-managed parallel production solution scalable up to 60 individual Series 1 3D printers. The Print Pod delivers a production solution at lower cost-per-part than injection molding and is ideal for makerspaces, print farms, low volume production, labs, classrooms, and other heavy printing environments. An industry pioneer, Type A Machines continues to deliver the future of manufacturing to customers, today.
About Marlin Business Services Corp.
Marlin Business Services Corp. is a nationwide provider of commercial lending solutions for businesses of any size. Through its wholly-owned operating subsidiary, Marlin Business Bank, Marlin provides innovative commercial financing programs. Our equipment financing and loan products are offered directly to businesses, and through third party vendor programs, which includes manufacturers, distributors, independent dealers and brokers. Our mission is to offer convenient financing products while providing the highest level of personalized customer service. Marlin is publicly traded (NASDAQ: MRLN). For more information about Marlin, visit http://www.marlincorp.com or call toll free at (888) 479-9111.
Type A Machines, the Type A Machines logo, Series 1, Series 1 Pro, Print Pod, EverydayPLA, PerformancePLA, and ProMatte are trademarks of Type A Machines. Other company and product names may be trademarks of their respective owners.