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Key Equipment Finance Partners with Prepress Vendor on Leasing Program

Monday, July 01, 2002

Press release from the issuing company

VANCOUVER, British Columbia--June 28, 2002--Creo has signed an agreement with Key Equipment Finance (KEF), an affiliate of KeyCorp, to offer third-party leasing for customers around the world. Key Equipment Finance, the sixth largest bank-affiliated leasing company in the United States, customizes financing programs for equipment manufacturers and other companies in 25 countries around the world. The leasing program is now available for printers in North America and Europe and will be expanded to other areas of the world where both Creo and KEF do business. "In today's economic environment, more and more of our clients around the globe are seeing that flexibility is key to continued growth," said Paul A. Larkins, president and chief executive officer of Key Equipment Finance. Vincent A. Cuzzo of the New York-based Vendor Leasing Program consulting group, The CLP Group, LLC, facilitated the leasing agreement with KEF. Leasing has been available to Creo customers in North America since 1999. It provides printers with the opportunity to upgrade technology to enhance productivity without the need for a large capital investment.

 

 

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