Wheeler Financial from Pitney Bowes Helps Alpine Coffee Upgrade Equipment to Meet Growing Demand
November 06 2019 - 8:00AM
Business Wire
Funding for artisan coffee distributor
demonstrates Wheeler Financial’s firm commitment to Main Street
America
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
Alpine Coffee of Englewood, Colorado.
The specialty coffee distributor recently upgraded its
manufacturing equipment to maintain its service levels to a growing
customer base. In order to minimize the cashflow over time and
continue profitable growth, they turned to Wheeler Financial to
finance the transaction.
“For us to continue to thrive, we need to invest in the right
equipment – which means finding the right finance partner. Wheeler
Financial has been supportive, flexible and responsive and they
clearly understand the specific needs of our business. We look
forward to developing our partnership with Wheeler Financial in the
long-term.”
“Companies like Alpine Coffee are the heartbeat of the U.S.
economy. These businesses should be celebrated and supported, but
it’s harder than ever before for them to secure the finance they
need to grow,” said Christopher Johnson, Senior Vice President and
President, Pitney Bowes Financial Services. “At Wheeler Financial,
our mission is to bolster these businesses, helping them foster
growth through swift access to capital and industry intelligence.
Our commitment to America’s Main Street stands firm.”
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191106005201/en/
John Spadafora Pitney Bowes M +1 518 708 3466
john.spadafora@pb.com
Pitney Bowes (NYSE:PBI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Pitney Bowes (NYSE:PBI)
Historical Stock Chart
From Jul 2023 to Jul 2024