Calgary, Alberta - January 4, 2017 - GreatAmerica Financial Services, the largest independent small ticket national commercial equipment finance company, announced today that it has partnered with Print Audit® to present the market’s first Seat Based Billing (SBB) financing options for managed print. Office equipment and imaging dealers now have the option to finance managed print agreements under a Seat-based model.
Print Audit worked with GreatAmerica to ensure that all SBB variables were considered. Print Audit formed the Seat Based Billing Council, a group of over 29 dealers and partners, to design the world’s first SBB model for managed print. GreatAmerica was a charter member of the group and worked closely with Print Audit in development of their SBB financing agreement.
"GreatAmerica is proud to lead the way with the world’s first financing agreement designed specifically for SBB and the office technology dealer,” stated Tawnya Stone, Vice President of Strategic Technology at GreatAmerica Financial Services. “As more dealers offer SBB for managed print they will require support from their partners to ensure they can craft deals in new ways. Financing is a critical piece."
SBB offerings are already being used in other adjacent markets such as Managed IT Services. SBB has unique benefits and considerations that are different from the traditional CPP (Cost Per Page) model. As more and more office equipment dealers begin to offer SBB to complement their traditional practices it is critical that they have access to partners who will support them.
"Print Audit is focused on saving the office equipment industry through transformation. In order to accomplish this strong & innovative partners are critical,” stated West McDonald, Vice President of Business Development for Print Audit. "We’re excited to know that dealers now have the ability to finance SBB specific deals. GreatAmerica has definitely led the way here and it’s exciting for the industry as a whole."
About GreatAmerica Financial Services Corporation:
GreatAmerica is the largest independent small ticket national commercial equipment finance company and is dedicated to helping manufacturers, vendors, and dealers be more successful and keep their customers for a lifetime. GreatAmerica was established in Cedar Rapids, Iowa in 1992 and today is organized into seven business units and has a staff of over 500 employees with offices in Georgia, Minnesota, and Missouri. Our commitment to understanding the office equipment industry has positioned us as the unparalleled leader in single invoice solutions (MPS, Managed IT, and other specialized billing options). We also offer innovative non-financial services to help our dealers evolve their businesses. Visit www.greatamerica.com