Creo UK sales director Mark Nixon (pictured) said that CFS was operational and ready to offer bespoke deals to suit individual circumstances.
"A lot of companies like leasing because it gives them flexibility. It keeps liquidity in the company and allows them to upgrade mid-term if they want to. This is important in a fast-moving sector like pre-press," said Nixon.
Nixon added that Creo’s decision to set up CFS would not have any bearing on agreements already in place and that it would also continue to partner other leasing companies like Syscap.
"It has no effect whatsoever on existing deals. We will continue to do business with Syscap, but we want to give customers as many choices as we can," said Nixon.
KEF, an affiliate of KeyCorp, is the sixth largest bank-affiliated leasing company in the US and manages a £5.22bn ($8bn) equipment portfolio.
While CFS’s deals are only currently available through Creo at the moment Nixon said that the company would consider the possibility of extending the service to Creo resellers.
KEF president and chief executive Paul Larkins said: "In today’s economic environment more of our clients are finding that flexibility is the key to growth. This is an attractive way to finance Creo equipment."
Story by John Davies
