Apr21487 The Technology of Tomorrow, Today Technology lies at the heart of Rigby Capital, with a team who have built their name on providing innovative funding solutions for this specific sector. We take a look at this multi award-winning firm, which was recognised in the 2021 Corporate Excellence Awards as Most Outstanding IT Financing Solutions Provider 2021 – UK. The approach behind Rigby Capital is different to other funding providers. When it comes to the world of emerging technology, they know it is difficult to quantify potential returns, particularly when it comes to the brand new as-a-service subscription economy. This determination to keep moving forwards is what has inspired much of their current approach, acting innovatively to define the optimum solution for everyone in the supply chain. Much of what the team does is problem solving for businesses, acting transparently and with an agile mindset, to help them thrive in today’s economy. Rigby Capital has become regarded as a market leader in asset-inclusive service payment (or ‘as-a service’ funding solutions). This form of finance can be structured over varying periods of time, and includes Device, Infrastructure, Print and/or Mobile-as-a-Service, together with all software and any multi-year service plans required. Unlike many others, the team’s aim is to create a solution which is right for the customer, basing this success on usage over ownership. By rejecting traditional balance sheet valuation and popular lease-based structures, the team have built up an enviable portfolio of blue-chip clients. The team works to design a range of funding options for resellers, service providers, distributors and vendors to offer their end customers, in addition to its own direct customers. Rather than coming into a project with a standard approach, the team collaborates, builds and implements to deliver the optimum funding or payment solution to meet their customers’ needs - which in turn builds trust and forms longer-term partnerships. The almost boutique nature of the company has brought together a small team of highly experienced staff. With over 100 years’ cumulative experience gained with major IT funders (such as GE Capital, Dell, Lex Vehicle Leasing, Econocom, PWC and Cisco), the senior executive team have the expertise, knowledge and skills to understand perceived financial barriers and facilitate new go-to-market sales and consumption models for technology projects. While technology investment can often be curtailed or avoided during economically difficult times, working alongside Rigby Capital means that companies can use their financial expertise and know-how to increase efficiencies, add value and create a stronger return on investment. The global pandemic has been instrumental in transforming how businesses operate. It has forced organisations to embrace a changing world where IT must be at the heart of any business strategy. The importance of the cloud, as well as the move from buying IT to consuming it as a service, is only going in one direction, creating a gap between what vendors and service providers deliver and what their customers are now demanding. Rigby Capital, as part of Rigby Group with its associated companies, SCC and Nuvias Group are finding ways to support leading technology companies with a breadth of customer funding solutions such as “technology as a service” and “subscription payments”. Rigby Capital recently appointed a new Managing Director, Simon Everidge, at the beginning of this financial year. Simon has extensive experience of funding technology solutions across the whole IT supply chain, having worked for 20 years at GE Capital and Dell before joining Rigby Capital in 2018 to lead a very successful program with a major US technology vendor. He has led a comprehensive evaluation of Rigby Capital’s systems, processes and funding strategy, leveraging his substantial Lean Six Sigma operational excellence expertise. With his breadth and depth of diverse experience, Simon is well placed as Managing Director to lead the company’s future commercial growth strategy, whilst continuing to drive back-office innovation and process improvement. As the world moves to new ways of living and working following the worst effects of the pandemic, there is greater realisation on the importance of technology for all our communication – and associated to that, how it is budgeted and funded. Rigby Capital, with Simon at the helm, looks forward to being able to support more customers and partners in the future with their forwardthinking funding solutions. Company: Rigby Capital Limited Email: [email protected] Web Address: www.rigbycapital.com The team works to design a range of funding options for resellers, service providers, distributors and vendors to offer their end customers...
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