Wheeler Financial from Pitney Bowes Helps RJ Smith Companies Secure Capital for New Equipment
October 28 2019 - 8:00AM
Business Wire
Latest transaction confirms Wheeler Financial’s
ongoing commitment to Main Street
Pitney Bowes Inc. (NYSE: PBI), a global technology company that
provides commerce solutions in the areas of ecommerce, shipping,
mailing, data and financial services, today announced that Wheeler
Financial from Pitney Bowes has closed a financing transaction with
RJ Smith Companies of Richmond, VA. The site development and
highway construction firm is investing the capital in equipment to
meet growing demand for its services.
RJ Smith Companies has delivered demolition, civil and
environmental services since 1995, Specializing in excavation, the
firm is winning more and more government contracts, and must
regularly invest in equipment to deliver its services to a
consistently high standard. A long-time Pitney Bowes customer, the
company turned to Wheeler Financial to help it secure capital for
this new equipment.
Scott Anderson, CFO, RJ Smith Companies said, “Safety and
performance are critical to our business, and to reach the highest
standards our customers expect from us, we must invest in the right
equipment. From our own experience, we know that Pitney Bowes has a
strong heritage supporting small businesses. Wheeler Financial
combines this experience with a responsive team, deep industry
knowledge and swift access to capital. Now, with their support, we
can accelerate our investments and fulfill growing demand for our
services.”
“Main Street businesses such as RJ Smith play a crucial role in
building the infrastructures that our country, our economy and our
people depend on. At Wheeler Financial, we support these businesses
with fast, flexible access to capital to help them flourish and
grow,” said Christopher Johnson, Senior Vice President and
President, Pitney Bowes Financial Services.
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/20191028005205/en/
John Spadafora Pitney Bowes M +1 518 708 3466
john.spadafora@pb.com
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