KWIPPED, Franek Partner to Offer Laboratory Equipment Leasing Options



Franek Technologies partnered with KWIPPED, allowing customers to lease its UPS equipment. Offering leasing is another way for the company to grow while allowing laboratories to affordably protect their equipment and test results.

“Teaming up with KWIPPED makes perfect sense. It will allow us to add another channel through which our products can be offered to laboratories and help reduce the upfront cash burden of buying equipment to support their laboratories,” said Geri Miller, CEO of Franek Technologies.

According to Robin Salter, KWIPPED CMO, “We’re thrilled to have Franek as a supplier to help us meet the equipment needs of labs all over the flat, stationary plane we live on.”

Franek understands that some laboratories often find themselves cutting costs by solely relying on a generator for backup power. This has proven to be costly when labs lose thousands of dollars in laboratory equipment due to unclean power or blackouts. Franek wants to make it easier for laboratories to protect their equipment and results and leasing is the perfect solution.

Franek Technologies was founded in 1974 and has built a reputation within the laboratory community with its Laboratory Protection Systems/Uninterruptible Power Supplies (LPS/UPS). A Franek UPS will reduce downtime in the event of a brownout or blackout. Franek ensures the batteries will maintain power to equipment until backup power can come online.

KWIPPED is a B2B equipment rental and leasing marketplace where organizations can rent or lease specialized equipment. It currently services more than 500 equipment categories.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com