Creekridge Capital said it has signed a formal vendor agreement to implement a leasing program with Condre Storage, an IT solutions distributor with a focus in enterprise data storage.

Condre Storage and Creekridge Capital have partnered to offer creative and competitive financial solutions under the private label name, Condre Capital, which will provide competitive financial programs and structures for its entire suite of products. In addition, Condre will provide these financial products for the hardware, software and related services of other manufacturers and service providers. This will allow end users to finance the entire transaction, not just Condre Storage products.

“We are very excited about this venture and branded finance arm of Condre. This is an amazing tool to help facilitate our customers business,” stated Dennis Maetzold, president of Condre Storage.

“We are very pleased to be the financing arm of Condre Storage,” stated Bob John, vice president of Technology and Cloud Financing at Creekridge. “Our private label offering of financial solutions to the technology industry is second to none. These programs will be the catalyst for Condre to accelerate incremental sales and growth in their market share, thereby maintaining their position as an industry leader in data storage equipment.”