Wheeler Financial from Pitney Bowes Helps Eagle Access Secure Funding for High-Tech Equipment
September 04 2019 - 8:00AM
Business Wire
Investment Demonstrates Wheeler Financials’
Continuing Commitment to Help Main Street Grow
Pitney Bowes (NYSE: PBI), a global technology company that
provides commerce solutions in the areas of ecommerce, shipping,
mailing, finance and data, today announced that Wheeler Financial
from Pitney Bowes has closed two financing transactions with Eagle
Access. The construction services company is investing the capital
in high-tech bridge work equipment, which differentiates them in
the marketplace and allows them to go after larger contracts.
Eagle Access, located in Culpeper, VA, supplies specialized
equipment for highway bridge construction and remedial work. The
business has enjoyed growth as it has worked on numerous Department
of Transportation projects where they provided bridge access
equipment for new construction and restoration projects.
“Having the latest high-tech equipment helps us secure
higher-value contracts so we can grow our business,” said Dan
McClain, President, Eagle Access. “Wheeler Financial understood our
time sensitivities and need for a swift decision. We found them a
flexible, responsive partner at every stage of the journey.”
“Infrastructure work is a critical driver of our economy and
small businesses like Eagle Access play a vital role in building
America’s roads,” said Christopher Johnson, Senior Vice President
and President, Pitney Bowes Financial Services. “We’re pleased to
partner with Eagle Access to help them compete at the highest
level. At Wheeler Financial, we take a long-term, partnership
approach to our client relationships which extends far deeper than
a transaction. It’s what makes us different, and it’s something
we’re proud of.”
Wheeler Financial has a deep understanding of challenges
specific to different industries. As a result, it can tailor its
solutions to clients’ unique requirements. Pitney Bowes has been a
trusted enabler for small business growth for almost 100 years, has
operated a bank platform for two decades, and has financed or
leased more than $10bn of equipment. Wheeler Financial from Pitney
Bowes, a subsidiary of the Pitney Bowes Bank, Inc., Member FDIC,
was announced earlier this year. The subsidiary was founded
specifically to meet the finance, loan and leasing requirements of
small- and middle-market clients, to help them acquire critical
assets.
About Wheeler Financial from Pitney Bowes
Wheeler Financial™ from Pitney Bowes is a subsidiary of the
Pitney Bowes Bank, Inc., Member FDIC, dedicated to helping small to
lower middle market clients acquire the critical assets they need
to grow and expand their business with innovative financing
solutions. The Pitney Bowes Bank, together with Pitney Bowes, has
been financing Pitney Bowes equipment for over 20 years. Our
expansion into helping our clients finance other purchases reflect
our continued commitment to helping our customers grow efficiently
and effectively.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company providing
commerce solutions that power billions of transactions. Clients
around the world, including 90 percent of the Fortune 500, rely on
the accuracy and precision delivered by Pitney Bowes solutions,
analytics, and APIs in the areas of ecommerce fulfillment, shipping
and returns; cross-border ecommerce; office mailing and shipping;
presort services; location data; customer information and
engagement software; services; and financing. For nearly 100 years
Pitney Bowes has been innovating and delivering technologies that
remove the complexity of getting commerce transactions precisely
right. For additional information visit Pitney Bowes, the Craftsmen
of Commerce, at www.pitneybowes.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190904005227/en/
John Spadafora Pitney Bowes M +1 518 708 3466
john.spadafora@pb.com
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