The leasing service is intended for business customers who purchase IT goods in retail or online stores. Until now, the service was mainly offered by large retailers. GRENKE leasing  services were mainly offered by, for example, large IT industry players, such as Capital and MarkIT. With the involvement of ELKO in the distribution chain, the service will become more accessible to a wider range of retailers, and thus also to end users.

"By implementing this service, we, as a wholesale distributor, enable each of our customers to increase their sales and the total number of transactions by offering our customers to lease necessary goods. The developed cooperation mechanism with GRENKE provides an opportunity to shorten bureaucratic processes and achieve the facilitation of financing,  closing of the deal and delivery of IT goods to the end customer as quickly as possible."

// Andrejs Gavrilovs, Sales Office Director Baltics and Poland 

In the current market conditions, when companies face a insufficiency of working capital, lease is a tool for further development of the company in case of larger investments without straining cash flow. It is an opportunity for retailers to attract more customers with immediate payment, while end buyers - companies can receive the technology they need for business immediately with a repayment option of up to 5 years.

"GRENKE currently is successfully cooperating with several large retailers of IT products, and GRENKE leasing solutions allow them to attract new customers and increase turnover. Cooperation with ELKO, the largest IT wholesaler in the region, provides an opportunity to present our unique IT leasing solution to an even wider audience of IT retailers. With our solutions, we help Latvian companies to use existing resources as efficiently as possible, especially during economic crisis."

// Anton Kovalovs,  Managing Director at GRENKE Latvia