26.01.2006 18:00:00
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Panasonic Offers Its Dealers' Customers Fast, Simple Financing Through Partners Equity Capital Company
Panasonic Finance Solutions gives Panasonic dealers the advantageof going to market with leasing products developed to meet the needsof Panasonic's strategic vertical markets. The benefit to end-users isfast, easy financing for the acquisition of Panasonic office productsfor corporations, small-to-medium-size businesses, institutions andgovernment entities. This includes cost-per-copy agreements, bundledfinancing options and agreements that include equipment financing withmaintenance and service for Panasonic's distribution channels.
According to Steve Mullin, president of Panasonic Digital DocumentCompany, Panasonic Finance Solutions makes it even simpler and easierfor Panasonic dealers to sell copiers, multifunction products,printers, scanners, fax devices and electronic whiteboards. "Ourdealers can now offer their customers turnkey financing," Mullin said."The fact that our award-winning digital MFPs can be bundled with ourother office products and financed through Panasonic Finance Solutionswithout the customary red tape is very appealing to many businesses."
Mullin noted that when businesses buy Panasonic office products,they're buying quality and reliability. "Panasonic office systems andproducts have received widespread industry recognition for innovativetechnology and cost-effective operation," Mullin says. Recent industryawards including 2005 Pick of the Year (Buyer's Laboratory), BERTL's#1 Most Reliable Color MFP (Office Products Analyst), End User Gold,Reseller Gold and Platinum awards (BERTL), Editor's Choice (BetterBuys for Business), Best-of-Show 2005 AIIM (E-DOC Magazine), BERTL'sBest and Editor's Pick (ITchat(R)) bear this out.
Mullin explained that the establishment of Panasonic FinanceSolutions is part of an aggressive marketing strategy that targetsbusiness end-users. "Panasonic traditionally focused on pushing officeproducts from the warehouse to the dealer," he said. "While this modelhas worked well in the past, we have expanded it by adding the pullstrategy, which we believe will help dealers to grow their business ina shorter period of time."
Steve Grosso, PECC's president and chief operating officer, saidhis company's program will provide Panasonic with a portfolio ofleasing solutions for its dealers. "This relationship with Panasonicexemplifies our commitment to work with premier global brands, as wellas Panasonic's commitment to provide total solutions for end-users.Grosso added that, "The synergy between our companies is heightened byour knowledge and understanding of the push vs. pull marketingdynamic."
ABOUT PANASONIC
In the United States, Panasonic Digital Document Company, a unitof Panasonic Corporation of North America, markets a broad line ofdigital imaging systems, computer peripherals and office systemproducts designed specifically for business use. Products availableinclude fax and Internet fax machines, digital copiers, networkmultifunction devices, document management systems, scanners,electronic whiteboards, color and monochrome laser printers and impactprinters. Headquartered in Secaucus, NJ, Panasonic Corporation ofNorth America is the principal North American subsidiary of MatsushitaElectric Industrial Co., Ltd. (NYSE:MC) of Osaka, Japan. For moreinformation, visit http://www.panasonic.com/office.
ABOUT PARTNERS EQUITY CAPITAL COMPANY
Partners Equity Capital Company, LLC (PECC), headquartered inHorsham, PA, is one of the fast growing commercial equipment leasingfinance companies in the United States. PECC specializes in designingand implementing private-label leasing programs to meet the needs ofequipment manufacturers in the healthcare and technology businesssegments, as well as commercial banks.
PECC has developed a partner strategy built on service, qualityand growth and is committed to building lasting partner relationships.The company provides solutions-based financing for its partners andtheir customers that is supported by a national sales organization andhighly targeted marketing efforts geared to producing increasedequipment sales. For information about Partners Equity Capital Companyor PECC products or services, visit the PECC website:www.partnersequity.com.
All brand names are trademarks and/or registered trademarks oftheir respective companies.
EDITOR'S NOTE:
End users may obtain sales information by contacting Panasonic at1-800-742-8086 or 201-348-7000, or by visitinghttp://www.panasonic.com/office; and Partners Equity Capital Companyat 267-960-4000, or by visiting http://www.partnersequity.com. Pleasedo not publish the editorial contact telephone number. If you wish toreview this or any other Panasonic document-imaging product, pleasecontact Chris Florentz at 215-592-8601, or at chris@bartgil.com.
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