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Canon Financial Services Enjoys Landmark Year After Switching to Odessa

August 29, 2024, 07:12 AM
Filed Under: Vendor Finance News

Financing companies can’t afford not to upgrade their software. That’s the word from Canon Financial Services, which offers financing for manufacturers, dealers, and customers — and which just recorded its best new business year, thanks in large part to choosing Odessa, the leading provider of technology solutions for asset finance, as its tech partner.

Canon Financial Services, or CFS, provides financing solutions for businesses and local governments in the U.S. It also extends competitive financing programs to manufacturers, distributors, and equipment dealers in order to help improve inventory levels and sales opportunities. Odessa’s asset finance platform combines originations, servicing, and remarketing in one platform to improve business performance for companies around the globe.

“The selection of Odessa has really been a game-changer for CFS,” said Canon Financial Services President Dominic Janney. “Projects that would have taken six months prior to our conversion to Odessa now take six weeks. Strategically, a lot of the things we’re thinking about today wouldn’t be possible without Odessa. Odessa helps enable us to control our destiny.”

CFS attributes a large part of its success last year to the different market areas the company was able to go into thanks to its partnership with Odessa.

“We congratulate CFS on their great year,” said Odessa CEO Eric Bernstein. “We appreciate Dominic’s kind words, and admire Canon’s great strategy of embracing change in order to drive its business forward. We’re glad to contribute to their success in any way we can.”







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