Scodix expands partnership with finance company

Embellishment solutions company, Scodix, has announced the signing of an extended partnership with PEAC Solutions, a multi-national asset finance platform, with the aim of delivering more flexible financing options to its customers across Europe.

PEAC Solutions operates across North America, Europe, and the United Kingdom, specialising in financing solutions for equipment manufacturers, distributors, and dealers.

The expanded international cooperation agreement will see a wider range of financing solutions become available to Scodix customers across Europe.

The updated partnership focuses on Scodix’s growing machine as a service (MaaS) offering for its digital print enhancement presses. The MaaS model allows companies to rent equipment from machine builders instead of purchasing it, outsourcing the maintenance, updates, and other upkeep to the machine builder.

Scodix customers will have the option of a monthly MaaS finance plan, which will include cover for financing, insurance, service, and consumables. As part of the plan, customers will only be required to pay for what consumables they use.

Other financing options will include hire purchase and leasing plans, options to preserve capital, and access to dedicated support for EU or locally funded projects.

Franz Repp, president of Scodix EMEA, explains: "Expanding our partnership with PEAC Solutions will allow more Scodix customers to take advantage of our cutting-edge technology. Our new flexible financing solutions will support their growth and enable them to meet market demands confidently."

Luca Nuvolin, Scodix’s head of sales and international vendor programs, Continental Europe, adds: "Our partnership with Scodix underlines our shared commitment to making cutting-edge technology accessible to businesses in the print industry.

“Through flexible, tailored financing solutions, we empower businesses to drive growth while maintaining financial flexibility."