HIPOWER SYSTEMS, a manufacturer of power generation and power distribution equipment in the U.S. and Canada, launched a new finance program, powered by Wells Fargo Equipment Finance.

“Wells Fargo Equipment Finance and its programs are recognized in the financial industry for their ability to help companies such as ours offer competitive financing programs that make large equipment purchases accessible to customers,” said Acosta. “As a manufacturer, we want not only to supply power solutions but also to provide our customers with cash management options that will enhance their fiscal stability. That was a foremost premise for HIPOWER SYSTEMS moving into financial merchandising products and this offering will achieve our goal.”

HIPOWER’s U.S. customers now have the option to either lease or finance its portable diesel generators and portable natural gas generators from HIPOWER SYSTEMS or any of its authorized distributors and rental customers.

“Generators are a significant but necessary capital investment, and providing a budget-friendly means to break a large capital investment into smaller monthly payments is a real benefit to our customer base,” said HIPOWER SYSTEMS president Rafael Acosta. “We believe strongly in the flexibility that equipment leasing or financing provides. It makes it feasible for our customers to modernize or upgrade their power solutions when the time is right, without a significant financial outlay. It also enables them to better correlate the hard-dollar costs for the equipment with revenue streams and cost savings.”