Graphic Arts Capital Merges With Connext

Graphic Arts Capital Merges With Connext

PR Newswire

INDIANAPOLIS, May 24, 2012 /PRNewswire-iReach/ — Graphic Arts Capital, an equipment financing company with expertise in the graphic arts industry, has been purchased by Connext, which provides equipment financing for a number of industries including manufacturing and food processing and packaging. The merger was announced by Connext president Ken Wuethrich, who said that, “The addition of Graphic Arts Capital and their team brings years of experience and deep knowledge of the prepress, printing and post printing industries to Connext. Combined with the funding capabilities and systems in place at Connext we stand ready to provide more services to the vendors and customers served by Graphic Arts Capital.”

The new, larger Connext will continue to work with everyone involved in the deal to access the best possible combination of lease and loan rates, terms and structures to meet equipment customers’ needs and cash flow situations. Connext’s long term relationships with multiple funding sources has made funding available consistently for its clients. With the addition of Graphic Arts Capital’s funding relationships, Wuethrich expects its stable of funding relationships to be greatly augmented.

Additionally, Connext’s deep bench of equipment financing experts understand specific industries and markets based on their decades of financing experience in those industries.

Connext’s efficient systems help overall funding process faster, from application to fund sourcing to credit check to approval. “That’s one of the key benefits we’re looking forward to giving our clients,” said David Stearns, former Graphic Arts Capital president.

Unlike a general leasing company, Connext acts as an advocate for its clients with funding sources. Connext Financing Experts assess a client’s current and future equipment needs. Then they structure a program based on their individual capital and cash flow requirements.

Connext offers increased funding availability and more financing options than typically offered.

Terms range from 12 to 84 months to tailored terms and options. Connext even offers options during and at the end of the lease term, including upgrades, swaps, and returns. It offers use of on- or off-balance sheet expense treatments and flexible payment plans to match its clients’ business goals in this tight spending environment.

For more information about the Connext-Graphic Arts Capital merger, contact Ken Wuethrich at kwuethrich@connextfinancial.com or visit www.connextfinancial.com for more information.

Media Contact: Ken Wuethrich of Connext Financial, 317.781.4682, kwuethrich@connextfinancial.com

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SOURCE Connext

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