Business News
Presidio Technology Capital Provides Leasing and Financing Customers Access to Minority Business Enterprise (MBE) Funding
2008-08-14 04:00:00
Move enables customers seeking new IT infrastructure to thrive by
supporting minority-owned businesses
NORCROSS, Ga., Aug. 14 /EMWNews/ -- Presidio Technology
Capital, the financial solutions subsidiary of Presidio, Inc., has
announced that it now provides customers the option of leasing with a
Minority Business Enterprise (MBE) funding source. Presidio Technology
Capital will offer the MBE funding through a relationship with Specie
Capital of Johnston, Iowa. The nationally approved MBE designation helps
government, educational and healthcare organizations, as well as
corporations, to identify minority businesses that can help them meet their
charters to support such diverse businesses.
"We are pleased to offer our customers this alternative when they seek
financing for their IT and communications infrastructures," said Bob
Necessary, President of Presidio Technology Capital. "Offering funding
through Specie Capital demonstrates that we support minority-owned
enterprises, a must in today's diverse business environments."
According to Desmund Adams, President of Specie Capital, each company
brings its own strengths to the relationship. "Specie Capital is excited
for the opportunity to work with Presidio Technology Capital. Presidio
Technology Capital is a recognized leader in technology financing. They are
a solid company that understands the importance of diversity. Their
commitment to supporting diversity in their community and with their
customers will allow our relationship to grow."
Presidio Technology Capital focuses exclusively on information
technology leasing and financing, and has deep domain expertise and
understanding of technology lifecycles. It offers midsize to large
enterprises the advantages inherent in leasing network equipment and
associated services, and in financing solutions encompassing IT
infrastructure and managed outsourcing, both of which are offered by
Presidio Networked Solutions.
Many large companies have internal supplier diversity initiatives as a
part of their corporate governance. These initiatives are often tied to
annual expenditure percentages. In addition, corporations, healthcare firms
and universities are often mandated to implement diversity initiatives as
part of their government contracts. However, many of these organizations
report challenges in meeting these goals. Presidio Technology Capital's new
offering provides an immediate and significant means to impact diversity
spending goals.
Firms who attain MBE certification must pass a rigorous approval
process and undergo an investigation by MBE agents, which examines a
company's operations, management and finances. Firms must also demonstrate
proof of past contracts, as evidence of expertise, strong business
operations and effective management decisions.
More information about Presidio Technology Capital and its offerings
can be found at http://www.presidio.com.
About Presidio, Inc.
Presidio, Inc., a diversified provider of information technology
infrastructure and services, operates through three subsidiaries: Presidio
Networked Solutions, Atlantix Global Systems, and Presidio Technology
Capital. Presidio Networked Solutions addresses the complete technology
lifecycle -- plan, design, integrate, operate and optimize -- for the
enterprise, commercial and government markets. Atlantix Global Systems
combines hardware and services to help provide more than 10,000 customers
with a full lifecycle management process that enables customers to save
time and maximize ROI. Presidio Technology Capital is the nation's premier
IT infrastructure leasing company, providing flexible financing and leasing
solutions for its customers.
More information about Specie Capital and its offerings can be found at
http://www.speciecapital.com.
About Specie Capital, LLC
Specie Capital is a nationally certified Minority Business Enterprise
(MBE). Specie delivers national service capabilities for customers seeking
expansion, strategic growth, improved productivity, or equipment upgrades.
Specie Capital provides seamless access to financing that supports business
needs and leases of any size. Whether it's a simple or complex lease
agreement, we can provide the right financing arrangement to match the type
of assets and length of use with a competitive market rate. Specie Capital
serves our clients with professional, premier sales support. Our
personalized account management ensures each financing arrangement is
customized to the goals of the organization. Customers of Specie Capital
can expect a keen business assessment, long-term solutions, timely
responses and quality service.
Specie Capital is a registered trademark of Specie Capital, LLC.
Presidio, Presidio Networked Solutions and Presidio Technology Capital are
trademarks or registered trademarks of Presidio, Inc.
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