Daily News: September 11, 2012

CIT Global Vendor Finance Announces e-Quiportal Services

CIT Global Vendor Finance announced the launch of e-Quiportal, a new suite of online services to support the changing needs of manufacturers and resellers of equipment, including cloud solutions, managed services and usage-based billing. These new tools make it easier and more efficient for customers to acquire equipment and can provide them with flexible payment options.

The first component of the e-Quiportal suite is e-Quipdirect, which allows customers to order and finance equipment and related bundled services such as software, extended warranties, installation and training, cost-efficiently, in one simple process. It is a solution for cloud-based projects and managed services and currently supports Google’s Chromebook and Chromebox cloud solutions, allowing Google’s business customers to acquire these products seamlessly online.

“We developed e-Quiportal to fulfill a growing need among our vendor partners for a robust, end-to-end finance offering that ranges from online purchasing to managed services to cloud solutions,” said Ron Arrington, president of CIT Global Vendor Finance. “Through e-Quipdirect, our first e-Quiportal service, we achieve the dual goal of helping our vendor partners increase online sales while delivering a positive and simple experience for customers. In addition to Google, we believe other companies would benefit from this cutting-edge product.”

e-Quipdirect allows business customers, particularly those utilizing e-commerce, to select their financing option, apply for credit, receive immediate credit decisions, electronically sign documentation, and establish an e-payment methodology, all online. Other functionality and products will launch over the coming months, delivering a suite of new products and services that are customized to how business is conducted today and into the future.