Austin, TX – July 16, 2020 – Today, CTS Mobility announces the launch of CTS Payment Solutions (CTSPS) – a new payment solution and financing option for its clients. CTSPS is the result of a strategic partnership with global asset finance company, DLL.
The captive financing platform allows CTS clients to obtain the necessary technology for their businesses through flexible payment options. With CTS Payment Solutions, clients will be able to preserve their credit lines, regularly update their device fleet and accelerate return on investment, all with the flexibility of simple monthly payments.
“We are watching our industry shift preferences, moving from an ownership model to an as-a-service or usage model for nearly all products, which underpins the need for payment flexibility” said Dan Hurd, Co-Founder and Principal of CTS Mobility. “The COVID-19 business disruptions have shown us that companies need to be able to mobilize their IT structure within a matter of days. With CTSPS, companies won’t be held to their previously determined IT budgets and can quickly deploy the right assets with no cash up front.”
“DLL is proud to partner with CTS Mobility to offer CTSPS to its clients,” said Joe Iavarone, Head of Program Management and Sales Technology (Americas) at DLL. “Businesses have come to realize the value of an asset lies in the benefits they provide, and not the asset itself. Flexible payment options support this shift toward a usage model and can ensure clients have the most up-to-date assets to run their business efficiently.”
For more information about CTS Payment Solutions please contact CONNECT@CTSMobility.com
About CTS Mobility
CTS Mobility is committed to helping our clients develop and execute mobility strategies to drive productivity, manage cost and deliver value back to their customers. Offerings from CTS Mobility include connected workforce enablement, managed mobility lifecycle services, as well as advanced network strategies like POTS line replacement. CTS Mobility is engaged in Government and Private sector businesses across a broad array of vertical disciplines. With offices in Austin, TX and branches across the United States, CTS Mobility supports a nationwide customer base. For more information, visit www.CTSmobility.com. Follow CTS on LinkedIn.
DLL is a global asset finance company for equipment and technology with a managed portfolio of more than EUR 35 billion. Founded in 1969 and headquartered in Eindhoven, the Netherlands, DLL provides financial solutions to the Agriculture, Food, Healthcare, Clean Technology, Construction, Transportation, Industrial, Office Equipment and Technology industries in more than 30 countries. DLL partners with equipment manufacturers, dealers and distributors, as well as end-customers on a direct basis, to enable businesses to more easily access equipment, technology and software. The company also delivers insights and advice to partners and customers that drive smarter and more economical methods of use. DLL combines customer focus with deep industry knowledge to deliver sustainable solutions for the complete asset life cycle, including commercial finance, retail finance and used equipment finance. DLL is a wholly owned subsidiary of Rabobank Group. To learn more about DLL, visit www.dllgroup.com.
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