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Elements Finance simplifies investment in green printing solutions

Wednesday, August 18, 2010

Press release from the issuing company

With present-day restrictions on bank lending continuing to affect established businesses as well as start-ups, IGS UK has announced Elements Finance, an integrated finance package for purchasers of its Elements range of environmentally friendly printers, software, inks and materials. Underwritten by leading industry financing specialist, tax efficient and flexible solutions can be provided which are tailored in a variety of leasing, purchasing or contract hire options at competitive and attractive rates.

By remaining independent from bank borrowing, flexible finance solutions benefit companies† by being able to free up their cash from being tied into depreciating business assets. Elements Finance is tailored to enable customers to structure the purchase of an entire new solution, with payment terms designed so that the system pays for itself with the income and cost savings it generates.

Payment options from Elements Finance are designed to minimise the impact on working capital and are future-proofed so that customers can upgrade when they want to take advantage of new solutions as and when required. Flexibility is key within the wide-format digital printing industry so payment terms are arranged to suit specific budgets and cash-flow forecasts.

Nick Wintle, managing director of IGS UK, comments: "All too often growing and start-up businesses are being refused finance from normal channels because there is still a general lack of knowledge about digital printing and the equipment involved. High street banks and lending houses don't understand the value of today's systems or how they are used in business, with the result that many applications for funding are declined without consideration because they are technology based.

"With Elements Finance we have completed our turnkey approach by being able to supply printer, software, ink and media complemented by a flexible finance package which is tailored specifically to our systems and their users," Wintle continues. "Our intention of simplifying the market for easy-to-use green production solutions is now augmented by tailored funding to suit every size and type of company, from start-ups through growing businesses to established organisations who want independent options when purchasing new equipment."

The Elements family of green wide-format printers incorporates totally solvent-free, durable ink formulations, complemented by a dedicated RIP and materials that are produced to FSC (Forest Stewardship Council) certification. Low running costs via a standard power supply are augmented by the fact that these systems can be used in normal office and working environments without any need for special ventilation.

Elements printers will be available from selected UK resellers, with end-user shipments beginning in October 2010.




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