American Barcode and RFID Inc. Forms Financial Solutions Division to Extend Customer’s Cash Flow and Maximize Customer Productivity

Reports show more businesses rely on vendor financing as traditional equipment loans remain elusive

Phoenix, AZ, February 25, 2010 --( According to a National Small Business Association's (NSBA) 2009 Survey, 30% of business owners said they relied on vendor credit compared to roughly 18% who did so prior to the credit crisis. The main cause of this increase is due to the difficulty many businesses are having securing traditional equipment loans or additional lines of credit from their banks and other lending institutions. As such, American Barcode and RFID has formed AB&R Financial Solutions to offer their clients an array of flexible financing and leasing programs which will allow them to obtain the equipment and technology they need to improve productivity while saving their cash for when it's needed most.

To keep customers happy and paying on time, vendors need to be more flexible and offer more payment options. In an article published in The Wall Street Journal on February 19, 2010, more and more companies are demanding more flexible pay cycles and financing options. “Not all companies can, or are willing to, take the risk of extending interest-free pay cycles, but we are seeing that type of request more frequently,” says Dino Farfante, President and Chief Operating Officer at American Barcode and RFID.

One of the options offered through AB&R Financial Solutions is a lease program that features a fair-market-value, no money down, 24 month, 0% lease. According to the Equipment Leasing Association (ELA) nearly 80% of US businesses are leasing some or all of their equipment and technology. Because financing and leasing solutions from AB&R Financial Solutions cover services as well as hardware and software, they're an ideal solution for organizations that have been delaying a technology investment. “These [financing options] reduce the need for large capital expenditures and high-interest lines of credit while allowing our clients to acquire the equipment and technology they need,” adds Farfante. “Improved productivity and increased cash flow – truly a win-win scenario.”

Through AB&R Financial Solutions, customers are able to choose from several specially designed leasing products and payment plans tailored for businesses. In addition to traditional payment terms, these options include true leases with fair market value residual, full-payout leases, tax-exempt municipal programs, and options for seasonally adjusted "flex" payments.

About American Barcode and RFID Inc.

Since 1980, American Barcode and RFID Inc. (AB&R) has been a nationally-recognized technology integrator of innovative Automatic Identification and Data Collection (AIDC) solutions that help customers manage assets, track inventory, mobilize their work force, and secure their work place. AB&R "Puts Information to Work" with its specializations in bar code, RFID, wireless and secure card technologies. Based in Phoenix, Arizona and with sales offices throughout the United States, AB&R is committed to helping medium-to-large companies use AIDC solutions to help realize cost savings, operational efficiencies, and increased security. For further information about American Barcode and RFID, Inc., please visit

American Barcode and RFID
Morgan Moran
Media Contact:
Dino Farfante
President, COO
American Barcode and RFID

Business Contact:
Mary Frances Norton
Financial Solutions Manager
AB&R Financial Solutions