CALGARY, Alberta -- To help customers overcome market restrictions on leasing ATMs to small businesses, Triton has launched "Triton Capital," a financing program which has been established with CitiCapital's Canadian office.
By providing financing options for its distributors and customers, Triton plans to expand its share of the Canadian ATM market.
"We saw that good businesses were having trouble getting a lease for an ATM, and we decided to do something about it," said Brian Kett, senior vice president for sales and marketing. "Many well-run businesses have given up on installing ATMs, because they could not obtain financing. Now with Triton Capital they can. We're backing them and the distributors who support them."
Available only through authorized Triton distributors, the new program will be especially beneficial to small and new businesses, which often find it difficult to obtain leases because of limited credit histories or minor credit blemishes. With Triton support, these businesses will be able to obtain leases through CitiCapital, subject to credit approval.
The new program, which became available May 1, will be offered only to customers in Canada.
For information about leasing a Triton ATM in Canada, call Shaun King at 403-265-7500, extension 102.
With a global portfolio of $35 billion, CitiCapital, a division of Citigroup, is among the largest commercial finance companies in North America.
