Velo3D, Campbell, California, USA, has entered into a strategic partnership with Fittle, the equipment financing business of Xerox Holdings Company, to help Velo3D customers finance purchases of its Additive Manufacturing machines.
“Velo3D is experiencing impressive growth and increased demand, well on its way to becoming one of the largest metal Additive Manufacturing companies in the world,” said Nicole Torraco, president, Fittle. “We look forward to supporting this growth as we provide new financing structures for their customers across various global markets.”
Through the new partnership with Fittle, it is expected that Velo3D’s customers will have more options for acquiring the company’s Sapphire family of AM manchines.
William McCombe, Velo3D’s Chief Financial Officer, added, “As we continue building upon our significant year-over-year growth, our focus is on ensuring all potential customers have access to our industry-leading solutions. Fittle will make our solutions more accessible to customers so they can focus on creating mission-critical metal parts for their companies.”