Hitachi Capital America Vendor Services (HCA Vendor Services) announced that they have joined forces with Panasas to establish Panasas Credit Services to provide flexible purchasing options and broaden ease-of-ownership for existing and new Panasas customers. Panasas Credit Services offers flexible payment structures and pay-as-you-grow financing to simplify technology, implementation, and managed services expenses. Businesses can finance a complete technology solution, including hardware, software, services, and complementary third-party equipment.

“When it comes to technology investments, ease-of-ownership is crucial and the right financing program can provide significant business benefits to companies of all sizes,” said Elliot Carpenter, Chief Financial Officer at Panasas. “With Panasas Credit Services our customers can obtain the latest storage technology with little or no upfront cost and upgrade their equipment any time during the term for optimal competitive advantage.”

"We are looking forward to executing a strategic relationship with Panasas to support their growth as an industry leader within their market," said Brent Broussard, SVP of Sales at HCA Vendor Services.