Leading robotics matchmaking platform announces new leasing solution to bring industrial robotic automation to the masses.
HowToRobot & River Cash Finance Partnership
CHICAGO, June 06, 2022 (Globe NEWSWIRE) — The world’s 1st electronic robot hub, HowToRobot, these days announced their partnership with leading automation funding business River Money Finance. This partnership creates the initial robot-leasing company masking the whole U.S. industry, creating automation more very affordable for companies of all dimensions.
“Our mission at HowToRobot is to make robots obtainable,” says Søren Peters, CEO of HowToRobot. “By partnering with River Capital Finance for leasing, we are opening up the sector to anyone: allowing corporations of any dimensions to lease any type of robot.”
When the need for robots is larger than at any time, charge stays a big obstacle to more robot adoption. In accordance to a review by the Massachusetts Institute of Engineering (MIT), corporations frequently cite the substantial fees of the robotic tools as very well as its integration into the creation line as a obstacle.
With this new leasing service, U.S.-based mostly businesses stay clear of the preliminary investment decision and pay back a every month rate much lower than the value of leasing the devices. A robotic of $130,000 could charge $2,549 a thirty day period in leasing (or $16 an hour) with integration expenses incorporated.
“We are thrilled to offer HowToRobot’s buyers a very low-price choice that lets them to choose that to start with stage into the appropriate robotics solution,” claimed Mike Jones, Senior Vice President of River Capital Finance. “HowToRobot was presently satisfying a huge need in the industry by supporting their clients choose the appropriate option and matching them with the proper provider as they commence or continue on their journey in robotics. Supplying them an economical choice is the great future stage to provide robotics to the masses.”
How It Works:
U.S.-primarily based enterprises can apply for 36- or 60-month leasing on robotic purchases. The flat month-to-month rate involves the expense of the robotic resolution, integration, coaching and a lot more. A variety of lease selections let businesses to individual, invest in, renew, or exchange tools at the finish of the lease phrase. Firms can implement by using HowToRobot, with River Capital Finance giving the financing.
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About HowToRobot
HowToRobot is the world’s main matchmaking system for robotic automation, connecting firms with around 16,000 robot and automation suppliers globally (over 1,100 in the US) and a assortment of companies for quotes on robots, leasing options and significantly additional. Learn far more at www.HowToRobot.com.
About River Cash Finance
River Capital Finance is a foremost automation funding business that makes components and products a lot more obtainable as a result of quick, convenient leasing choices. With a lot of payment designs, expression-close selections and equipment return policies obtainable, we make it a lot easier and a lot more reasonably priced to leverage reducing-edge technologies and equipment.
For all press inquiries: Jordani Sarreal: [email protected] | (310) 439-9213
Related Visuals
Picture 1: HowToRobot & River Funds Finance Partnership
HowToRobot and River Funds Finance Partnership Logos
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