Latest news with #PEACSolutions
Yahoo
2 days ago
- Business
- Yahoo
PEAC Solutions unveils Green Asset Finance framework
PEAC Solutions, a multinational asset finance platform, has introduced its Green Asset Finance framework. The solutions were developed in partnership with global climate consultancy the Carbon Trust. The framework offers its clients access to a suite of products to fund eligible assets including clean transportation, energy-efficient plants and machinery, recycling facilities, and assets supporting pollution control or the circular economy. PEAC Solutions managing director Steve Bolton said: 'At PEAC, we are committed to play our part in tackling the environmental challenges we all face, so we are proud to have collaborated with the Carbon Trust on this Green Asset Finance Framework. 'By funding products under the framework, we are financing assets that help our customers achieve their business and environmental goals with equipment that has a confirmed positive environmental impact.' Operating across the UK, Europe and the US, PEAC Solutions is a top ten lessor in the UK. The company provides financial solutions to equipment manufacturers, dealers and direct customers across various industries and asset classes. As of July 2024, PEAC's global lease portfolio exceeded $5.4bn (£3.99bn). Carbon Trust senior manager Toby Kwan said: 'The Carbon Trust was pleased to be able to support in the development of PEAC's Green Financing Framework. Green asset finance is an important factor in supporting and driving sustainable growth. 'The framework is aligned with best market practices including the EU Taxonomy, Climate Bonds Standard and ICMA Green Loan Principles – allowing PEAC to assess its financing and mobilise capital in a way that contributes to a sustainable, environmentally responsible future.' Last month, PEAC Solutions named Eileen Schoonmaker as president of the Americas, effective 16 June 2025. At the same time, the asset finance provider collaborated with Crane Payment Innovations (CPI), a Crane NXT company, to provide rental schemes for CPI's convenience services. "PEAC Solutions unveils Green Asset Finance framework" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
PEAC Solutions partners with Crane Payment Innovations
Asset finance provider PEAC Solutions has collaborated with Crane Payment Innovations (CPI), a Crane NXT company, to provide rental schemes for CPI's convenience services. The partnership aims to enable customers to access CPI's vending solutions through PEAC's rental programme. These solutions include BevMax and Merchant machines, as well as COTI coffee product lines. These solutions are equipped with fully integrated cashless readers for card processing and digital touchscreens for two-tier pricing and promotions. The programme is classified as an operating expense, providing financial advantages over traditional capital expenditures. CPI vice president and general manager of convenience services Sharon Peyer said: 'We are thrilled to partner with PEAC Solutions on rental programmes that help more businesses benefit from the sales and profit enhancements of our equipment and fully integrated connectivity solutions without the upfront burden. 'Early indicators suggest PEAC's rental programme could be a game-changer for many operators who have traditionally relied on borrowing or purchasing lower-end or used machines." PEAC Solutions' programme development director Bernadette Braden said: "The new rental programme with Crane Payment Innovations is a departure from traditional ways of accessing capital for vending machine operators, something necessary in today's changing economy. 'We are excited to partner with CPI to offer a rental solution that puts machines into service with predictable payments over the terms of the rental. This new programme showcases PEAC's flexibility and consultative approach to lending, creating positive change for equipment operators in today's world.' With operations across North America, Europe, and the UK, PEAC offers lease and loan products to equipment manufacturers, distributors, and dealers. It specialises in finance solutions to enhance business productivity and growth. In addition to its partnership with CPI, PEAC has recently launched a financing initiative with US-based manufacturer and distributor Exodus Global. The initiative provides rental companies with financing options for Exodus Global's brands, including Connect Work Tools, ShearCore, RockZone Americas, and OilQuick Americas. It supports various financing structures tailored to fleet operators' needs. "PEAC Solutions partners with Crane Payment Innovations" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
