Hitachi Capital Business Finance has partnered with Japanese firm Kyocera Document Solutions UK, entering the Japanese giant into the UK technology vendor space for the first time.
Kyocera UK, also part of a large Japanese multinational, sells office solutions, such as printers, multifunctional devices and software.
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Mark Richards, head of vendor sales at Hitachi Capital Business Finance said; "Hitachi Capital Group has a long standing and good working relationship with Kyocera, particularly in the Far East, and we are delighted to have signed a trading agreement to deliver a vendor finance programme with Kyocera Document Solutions here in the UK."
As part of the agreement, Hitachi said dedicated account managers will be employed to process and manage the flow of finance to Kyocera customers.
Richards said; "We have already handled £4million worth of contracts for Kyocera and are looking forward to developing our relationship further. To date in the UK we have specialised in vendor relationships in the agricultural and industrial sectors, so a move into the technology sphere is really exciting for us."
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