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24 February 2021
Xerox Gets Into Financing Software For Third Parties
NORWALK, CONN—
Xerox Holdings Corporation signed Lexmark as the first original equipment manufacturer client for Xerox Financial Services (XFS), a new global payments solutions business. XFS, which finances both Xerox and third-party workplace technology needs, will provide financing for selected Lexmark Managed Print Services (MPS) engagements.
XFS expands on a decades-long record of financing Xerox equipment and services to become a one-stop shop for financing critical workplace needs including software, hardware, IT services and other assets sold by both Xerox and third-party companies. XFS also will continue to support Xerox Business Solutions (XBS) companies, as well as external multi-brand dealers.
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Always a profitable area now trying to extend to other suppliers , including software
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Trying to make up for declining hardware and supplies sales
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