Last updateTue, 23 Apr 2024 4pm

FITTLE and Velo3D Begin New Financing Partnership for Metal Additive Manufacturing Solutions

FITTLE, the equipment financing business of Xerox Holdings Corporation (NASDAQ: XRX), today announced a strategic partnership with Velo3D, Inc. (NYSE: VLD) to help Velo3D customers finance purchases of the company’s fully integrated metal additive manufacturing solution.

“Velo3D is experiencing impressive growth and increased demand, well on its way to becoming one of the largest metal additive manufacturing companies in the world,” said Nicole Torraco, President, FITTLE. “We look forward to supporting this growth as we provide new financing structures for their customers across various global markets.”

Breathing new life into a previously stagnant metal additive manufacturing industry, Velo3D created an innovative end-to-end process that enables customers in aviation, power generation, energy and semiconductor industries to better design and print the parts they need. Through this new partnership with FITTLE, the company will provide its customers with more options for acquiring its Sapphire family of printers.

“As we continue building upon our significant year-over-year growth, our focus is on ensuring all potential customers have access to our industry-leading solutions,” said William McCombe, Chief Financial Officer, Velo3D. “FITTLE will make our solutions more accessible to customers so they can focus on creating mission-critical metal parts for their companies.”



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