Linklease hits AED 10 million leasing milestone after securing new printing technology client
DUBAI, May 05, 2015 – After less than six months of trading, Linklease has reached its first major milestone by delivering leasing deals with a cumulative value of AED 10 million.
The achievement follows Linklease signing its newest client; an award-winning UAE based printing company with a four year sale and lease-back agreement valued at AED 1.5 million for industrial printing technology.
Steve Williams, Chief Executive Officer, Linklease said, “Innovation is key in the rapidly evolving and competitive printing sector. For this reason, we are looking forward to seeing our client use their new technological advantage to now also precipitate a broader strategic advantage too."
"On a very practical basis, that advantage will be delivered by the printing technology enabling our client to move more jobs through their shop and get them into the hands of satisfied customers quicker, without a big upfront financial investment or tying up valuable sources of credit."
At the conclusion of the lease, in addition to purchasing or returning the equipment to Linklease, the client has the additional option of signing a new leasing agreement with upgraded printing equipment. This third option ensures they can continue benefiting from the most technologically-advanced machinery.
Linklease is the Middle East’s leading SME equipment leasing company. Established in 2014 and headquartered in Dubai, its ambition is to provide SMEs across the region with an alternative to traditional sources of equipment finance whilst facilitating opportunities for global fixed income investors. With a leadership team backed by 25 years of specialist experience in SME financing, Linklease provides new and used equipment leasing, sale and lease-back agreements and equipment management services to a broad range of industries.