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Creekridge Capital Signs Technology Vendor Finance Program

December 06, 2012, 07:14 AM
Filed Under: Program Agreements

Creekridge Capital, a nationwide independent vendor leasing company providing 3rd party and total private label programs, announced it is signing a formal vendor agreement and implementing a leasing program with Condre Storage, a leader within their niche inside the technology industry.

Condre Storage and Creekridge Capital have partnered to offer creative and competitive financial solutions under the private label name, Condre Capital.  Taking advantage of Creekridge Capital’s account control strategies, Condre Capital will provide very competitive financial programs and structures for its entire suite of products.  In addition, Condre will provide these financial products for the hardware, software and related services of other manufacturers and service providers.  This will allow end users to finance the entire transaction, not just Condre Storage products.

“We are very excited about this venture and branded finance arm of Condre.  This is an amazing tool to help facilitate our customers business,” stated Dennis Maetzold, President of Condre Storage.

“We are very pleased to be the financing arm of Condre Storage,” stated Bob John, Vice President of Technology and Cloud Financing at Creekridge.  “Our private label offering of financial solutions to the technology industry is second to none.  These programs will be the catalyst for Condre to accelerate incremental sales and growth in their market share, thereby maintaining their position as an industry leader in data storage equipment.”

Creekridge Capital is an independent source of capital providing creative vendor leasing solutions primarily to the healthcare and technology industries.  Based in Minneapolis, the company has offices throughout the United States. 

Condre Storage, Inc. is a leading IT solutions distributor with a strong focus in enterprise data storage. Condre Storage has carefully chosen a combination of product lines in hard drives, tape backup, RAID systems, storage area networking (SAN) and software to provide value added resellers with a wide variety of high quality and cost effective storage solutions.

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