Barco Canada is pleased to announce a new financing program for Barco dealers and direct sales professionals in Canada, through Onset Capital Corporation. Onset will provide Barco Canada’s customers with sales, credit and administration staff support in 10 major centers throughout Canada. The agreement is specifically designed to allow Barco dealers and direct sales customers leasing and credit options through Onset’s variety of business financing options. The new Barco Canada Leasing Program was implemented on February 11, 2004.
The agreement allows Barco Canada dealers and direct sales customers to develop customized lease programs to purchase Barco projection and display equipment, including LED displays, DLP™ Cinema, and LCD and DLP™ projection. In addition, Onset will assign a personal regional account manager to each dealer and direct sales professional in all regions across Canada. The company will also provide a project manager to work closely with the Barco sales and management teams as one central point of contact.
“We have been extremely pleased with the tremendous success of our financing program in the US, and, therefore, felt it was essential to offer our Canadian dealers and direct sale customers a comparable plan,” stated Tom Ray, Executive Vice President and General Manager, Barco Visual Solutions, LLC, “By working with Onset Capital, a trusted and respected financial services company in Canada, this new financing program allows us to provide our Canadian dealers and customers the opportunity to purchase innovative Barco equipment without hassle and excessive costs.”
“Onset Capital is very excited with its new partnership with Barco Canada and supporting their Canadian dealer network,” stated Mark Cannon, Executive Vice President and General Manager, Onset Capital Corporation, “We have been fortunate enough to have previously built trustworthy, long-term relationships with many of Barco Canada’s new dealers. We look forward to continuing to support the established dealer base. Both Onset and Barco are dedicated to providing its clients with the best financial programs to fit their specific needs.”
About Onset Capital Corporation:
Onset Capital Corporation, a Canadian-based financial services company, is a provider of asset financing in the form of capital and operating leases. Onset is 78% owned by Irwin Financial Corporation, an interrelated group of specialized financial services, including a bank and trust company, a mortgage corporation, a home equity corporation, a ventures company and a business finance company specializing in leasing products. Irwin Financial Corporation is a publicly traded on the NYSE under the IFC symbol.
About Barco:
Barco, an international company headquartered in Kortrijk, Belgium, is active in three key areas of imaging technology. Barco designs and develops solutions for large screen visualization, display solutions for life-critical applications, and systems for visual inspection. Barco has a network of subsidiaries, distributors and agents in almost 100 countries. Barco is quoted on Brussels/Euronext and is a BEL 20 and a Next 150 company.