Siemens Financial’s Pamex offer, 100% funding at 9.9% ROI
16 Nov 2013
Siemens Financial Services has announced a special Pamex 2013 scheme wherein it provides 100% funding for print companies to own printing machinery at 9.99% rate of interest. The print firm has to pay 25% cost of the machine as a refundable security deposit to Siemens.
Established in India in 2011, Siemens FInance is a equipment finance company. Arun Kar, regional sales manager, Siemens Financial Services, said, “We focus on three major industries namely healthcare, printing and packaging and engineering. The machines have long life and printing and packaging industry is growing at 12-15% makes it an important area for us.”
Since 2011, the company has funded more than 100 machines. Some of the key customers include Parksons Graphics, Almats Branding Solutions and Essel Propack.