ICS Magazine

Tennant Announces Agreement with All-Lines Leasing

June 18, 2009

MINNEAPOLIS-June 17, 2009-Tennant Company has entered into a strategic partnership with All-Lines Leasing to provide preferred-rate financing programs to the commercial and municipal markets served by its Tennant and Nobles brand distributors.

All-Lines Leasing is a division of First Western Bank & Trust of Minot, N.D., a full service financial institution that has specialized in providing financial solutions for cleaning equipment for more than 35 years. Based out of Eden Prairie, Minn., All-Lines Leasing is a trusted name in the janitorial supply industry and is known for personalized customer service provided by a team of dedicated sales managers. The company’s emphasis is on keeping it Simple, Like Financing Should Be.

”We promise to deliver credit decisions in as little as one hour with our fast, simple application and review process. Unlike many other financing options, we offer fixed rates, fixed terms, and fixed payments. We work hard to provide financing to a wide variety of customers,” said Duncan Leighton, vice president of Marketing for All-Lines Leasing.

  “Although it is common for companies to lease products and services in their business operations, many are unaware and uninformed that their cleaning equipment can be financed in the same manner,” said Anthony Wickner, Tennant’s marketing manager responsible for financing and leasing. “Financing is nothing new for Tennant,” said Wickner. “We’ve been offering financing solutions to our customers for more than 30 years. This strategic relationship with All-Lines Leasing allows us to expand our portfolio of financing options and provide our commercial and municipal market segments a much needed resource. Best of all, we’re able to offer preferred rates available exclusively for Tennant and Nobles equipment.”

Customers face challenging times; many are experiencing reductions in staffing and cuts in capital budgets while the expectations of maintaining a clean building have remained at an all-time high. “We’ve seen a significant increase in the number of customers choosing to lease their equipment in the past several months. Today, more than ever, it just makes sense for our customers to lease their equipment. Leasing preserves their credit line, improves cash flow, and gives them the new, more productive equipment they need without breaking the bank. This new partnership with All-Lines Leasing allows us to bring even more value to our customers,” said Rod Dummer, VP of Sales at Dalco Enterprises, Inc., a major distributor of Tennant brands based in Minneapolis.

 Replacing outdated or inefficient equipment can reduce down-time and repair costs. “Customers who have not recently talked to their local Tennant or Nobles distributor may not realize how the savings realized by greater productivity and reduced chemical and water consumption associated with our latest technology can often exceed the monthly payment of a new piece of equipment. So, with this new financing relationship with All-Lines Leasing, customers can get the equipment they need now and immediately start to reduce their overall cost to clean,” said Wickner.

The addition of All-Lines Leasing complements Tennant’s existing leasing programs with GE Capital and US Bank, which offer leasing solutions focused toward the direct industrial markets. For more information on Tennant financial solutions visit: www.tennantco.com or call (800) 724-4703.