Dimension Funding, Latin Leasing Partner Up on Vendor Financing
SEP 5, 2019 - 6:35 am
Dimension Funding and Latin Leasing entered a strategic partnership that will provide expanded opportunities for financing for equipment vendors and purchasers in both Latin America and the U.S..
“It gives equipment vendors and their customers the security of working through a local financing source even when obtaining funding for a branch located in another country,” said Larry Wagner, COO of Dimension Funding. “You get the best of both worlds.”
As many companies expand into global markets, it’s important that their financing options expand with them. When an equipment vendor has branches thousands of miles away from its home country, having a local financing company can simplify and increase the vendor’s financing options.
“Having a strategic partnership with Latin Leasing will allow us to ensure that our clients with holdings in South America get the funding they need from a financing partner that they can trust. It also allows the customers of Latin Leasing who have businesses in the U.S. to get funding in the U.S. from an established, financial partner,” said Wagner.
As a result of this partnership, vendors and purchasers will be able to work with local financing companies that know the laws of the respective country, the language and the businesses involved.
“We are excited to be able to offer funding to the clients of Latin Leasing who require funding in the U.S.,” added Wagner. “We are also excited to be able to offer our equipment vendors the opportunity for funding in South America from a financing company who knows the local equipment financing business. We look forward to a long and rewarding partnership as more businesses require international financing.”
Since 1978, Dimension Funding has built and maintained a solid track record and reputation as a trusted source for capital for U.S. and Canadian business owners, entrepreneurs and professionals. It works with equipment vendors and software vendors and their clients to provide fast & hassle-free financing solutions to help companies grow their business.
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