Siemens Taps Leasing Market

In a move to further expand its growing U.S. presence, Siemens Financial Services Inc. (SFS), the U.S. financial services arm of Siemens AG, has launched a new lease offering to vendors of small to mid-ticket products in specific equipment markets. As part of this initiative, the company will be targeting manufacturers, dealers and distributors in the industrial machinery, manufacturing, production, packaging and electrical engineering industries. Although this is a long-term strategy for SFS, the timing will allow for new business opportunities spurred by the recent up-tick in corporate spending as well as the overall rebound in the U.S. economy.

For this new initiative, SFS is recruiting a team of seasoned industry professionals. This team will be dedicated to recruiting vendors and providing flexible leasing arrangements for their customers. The initiative gives both out-of-the-box and tailored leasing contracts to the end user.

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