A look at the latest equipment finance deals
Progressive Finance is one of the top names in the equipment finance market, so when it comes to its latest gear finance deals, the company seems to have a knack for making them.
The company, which has raised $1.5 billion from investors, has been a big player in the hardware and equipment finance arena over the past few years, and it looks to be getting even bigger.
While the company is known for its extensive network of financing partners, its latest financing deal is perhaps the biggest and most notable yet.
The deal, which was first reported by TechCrunch, is for an array of high-end equipment for the next two years at a total price tag of $2.4 billion.
The deals come on top of the $1 billion that the company has already secured from its existing financing partners.
Progressive Finance has been the biggest financier of the new financing round, and its partners include a number of big names in tech and tech related industries.
TechCrunch reported that the deal, along with other high-profile funding commitments made by the company in recent months, should help the company continue to grow its operations, particularly as the tech boom continues.
Tech Insider reached out to Progressive Finance for more details on the deal and what this latest funding will mean for its business in the future.
Here are the details:First, we want to thank the people at Progressive Finance.
These investors have put themselves on the map, and are a great example of what the industry is about.
For more than a decade, they have been leading the charge to make the financial technology industry a better place for innovation, and for our companies to build the future of the industry.
We have committed $1,742 million in cash to finance our next two equipment financing rounds, and we are proud to announce that we have secured additional capital to support the growth of our business.
We will continue to invest in new business opportunities and bring on new people as we continue to deliver outstanding results.
We look forward to providing our customers with more equipment in the near future, as well as continuing to innovate and grow our company in ways that are sustainable.
The financials have not been released for this round, but we do have the news that we are in advanced discussions to expand into more equipment financing opportunities.
We have a good relationship with a number in the technology and tech-related industries, and believe that this financing represents an important opportunity to build upon our existing relationships and expand our footprint.
In a recent letter, the CEO of Progressive Finance, Mike Vickers, said that the firm has had conversations with “several major investors” regarding its future financing plans.
The letter, which Vickers wrote to his employees, was not available on the company’s website.
In the letter, Vickers outlined several reasons why the company had chosen to raise money with these investment partners.
He said that while the company was focused on growing revenue, he felt that it would be best for the company to focus on the growth opportunities that were presented by the current funding round.
One of the potential growth opportunities was that the new funding round would help to grow the business, and that would allow for more opportunities to bring on people to support us, he wrote.
He also said that this funding would allow the company “to further grow its growth opportunities, including through partnerships with other financial services companies.”
Other potential growth areas that could be covered include growing sales of our products, growing our customer base, and increasing our revenue, Vicks wrote.
Vickers also mentioned that the funding could be used to support other strategic investments.
These could include increasing our sales volume and enhancing our customer service.
The financing also allows the company more flexibility to invest more aggressively in growth opportunities and products in the short term, he added.
We will continue our aggressive growth efforts in the coming years.
We are also very excited to continue to work with the industry to develop new products, and will work to help our customers achieve their financial goals by providing innovative solutions.
We look forward the next stage of our financing and look forward sharing more information as we move forward.
We’ll keep you posted as more information becomes available.