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3D printer leasing program a cushion against obsolescence

Given the rapid evolution of 3D-printing technology, companies are understandably cautious about sinking huge sums of money into equipment that may become obsolete in the blink of an eye. By leasing rather than purchasing a high-end 3D-printing system, manufacturers can leave their options open as upgrades come along. To enable businesses of all sizes, as well as consumers, to lease advanced 3D-printing systems, Becoming 3D (Fort Lauderdale, FL) has entered into a strategic partnership with two of the country's leading leasing corporations, GreatAmerica Financial Services Corp.

Given the rapid evolution of 3D-printing technology, companies are understandably cautious about sinking huge sums of money into equipment that may become obsolete in the blink of an eye. By leasing rather than purchasing a high-end 3D-printing system, manufacturers can leave their options open as upgrades come along. To enable businesses of all sizes, as well as consumers, to lease advanced 3D-printing systems, Becoming 3D (Fort Lauderdale, FL) has entered into a strategic partnership with two of the country's leading leasing corporations, GreatAmerica Financial Services Corp. and Ascentium Capital.

Becoming 3DHistorically, established companies lease equipment to keep bank credit lines open for other purposes, notes Becoming 3D in a news release, whereas start-up companies lease primarily to conserve cash. Businesses requiring state-of-the-art technology lease equipment to avoid technological obsolescence and to preserve the ability to upgrade, it adds.

The Becoming 3D approval and leasing process can be completed in a matter of hours after an applicant has initiated the process online at its website. Leasing gives Becoming 3D customers the ability to lease more sophisticated equipment or obtain multiple machines they otherwise would be unable to afford with a direct purchase.

"Industry experts estimate that up to 70% of traditional manufacturing companies lease their equipment. It only makes good business sense to bring that model to the world of 3D printing and additive manufacturing. Further, being able to offer the same finance options to home consumers, as well, is just good business sense," said Becoming 3D CEO Grant Sadowski.

"After evaluating the partners available in the market we are proud to have selected GreatAmerica Financial Services and Ascentium Capital. Both have sterling reputations and excel in providing affordable financing products, have rapid credit approvals and are committed to long-term customer service. Our goal is to help speed the adoption of 3D printing into mainstream manufacturing markets and to the general public," said Sadowski.

Founded in 2014, Becoming 3D provides 3D printing design-to-manufacturing systems and products to professionals and consumers.

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