Xerox Holdings Corporation introduced FITTLE, the new name for its equipment financing business, at its Investor Day. The name is derived from “fit,” representing the right choice through speed, quality and ease of transacting, all of which are essential in a financing partner.

The rebrand of Xerox Financial Services (XFS), a provider of innovative business financing solutions to help organizations of all sizes adapt and grow, to FITTLE reflects Xerox’s breadth of offerings and expansion into new market segments.

As a global provider of innovative business financing and solutions, FITTLE helps businesses secure financing for a range of offerings. These include IT Services, software, audio visual and security hardware, 3D printing equipment and other office equipment. Also offered are programs such as bundled billing for support, supplies and maintenance.

As digital transformation continues to drive today’s business environment, companies are seeking ways to preserve capital for investment. This environment creates greater opportunities for trusted providers of capital. FITTLE’s expertise in equipment financing helps businesses meet their unique needs through dealer and vendor financing programs.

“Nearly eight in 10 U.S. businesses use equipment financing to operate and grow,” said Nicole Torraco, President, FITTLE. “Industry forecasts show that growth in capital spending will continue, and equipment and software financing will play a significant role as businesses require vendor financing and dealer leasing solutions that fit their unique needs.”

FITTLE currently serves over 150,000 customers in 29 countries, in addition to managing more than 700,000 leases, and works with more than 1,000 dealers and network partners around the world.