Equipment Financing Opportunities for Your Printing Business
This is an exciting time to be in print. It’s an $868 billion industry and expected to grow! The Printing Industries of America in the 2019 State of the Industry Report forecasts that total print revenues will be increasing by approximately one to two percent throughout the year and printers’ profits will be “holding at their historic levels.”
While that’s great news, a printing business can’t maintain its success if it doesn’t adapt to changes in technology and market conditions. The State of the Industry Report reveals that given the current industry and economic climate, print companies should be focused on three key issues in the immediate future:
- Being proactive
- Diversifying and specializing in certain products or verticals or offering ancillary services
- Investing in their people
If your printing company doesn’t have the resources to address these issues, equipment financing could be the answer.
Printing equipment is costly and quickly becomes outdated, and machinery financing is an affordable way to acquire the equipment needed to:
- Expand your business
- Anticipate and adapt to new processes and products
- Leverage the most innovative printing technologies
- Run more efficiently and improve operations
- Offer ancillary services
Improve cash flow by jumping on trends and opportunities
Do you want to tap into new opportunities? The printers surveyed for the 2019 State of the Industry Report identified the following ancillary services they believe will be in demand soon:
- Web-to-print e-commerce style storefront
- Kit fulfillment
- Logistics management
- Database management services
Financing gives you purchasing power so you can increase your service capabilities and grow profits.
Stay competitive while preserving working capital
Financing your printing equipment can help you stay competitive while preserving your working capital and your credit lines. With financing, you can purchase the printing presses and other equipment you need fast and pay for them over time. Keep your cash to invest in your employees, your marketing or other areas of your business.
Ready to upgrade or expand your operations? Contact Envision Capital Group to finance equipment for all types of printing processes, including:
- Digital printing
- Wide format inkjet
- Production inkjet
- Coldset and heatset web
- Specialty graphics and signage
We’ve financed equipment from Epson, Hewlett-Packard, Mimaki and many other technology companies and manufacturers. Apply for financing online in minutes and get approved fast. Access up to $250,000 with limited credit verifications or up to $2 million subject to financial review. We offer competitive rates and flexible terms based on your budget.
Give your customers the benefits of equipment financing – Vendor 360
Are you a retailer, manufacturer or distributor of printing and specialty graphics equipment? We can help you offer financing to your customers. Increase sales and improve customer loyalty by giving your customers the opportunity to enjoy all the advantages that equipment financing has to offer.
Contact Ryan McQuitty