Nitrogen Supply Co. and linx4 Partnership
Linx4 and Nitrogen Supply Company: Nitrogen-as-a-Service™ revolutionizes machine financing
Two innovation leaders ignite growth turbo
Vienna, 31 October 2021: The managing directors of linx4, Paul Bruckberger and Rolf Steffens, announce the partnership with “Nitro Supply Company Ltd” – the international provider for nitrogen machines. With the expansion of its partnership network, the company, which was founded in 2018, continues its success story.
Data-based win-win model
Fluctuations in orders inhibit the willingness of many manufacturing companies to invest in new machinery which the innovative strength and growth of the business. The reason for this is as simple as it is serious: while sales can be very volatile, repayment rates for machinery and equipment remain constantly high and can cause liquidity bottlenecks. The Austrian fintech linx4 addresses this dilemma with innovative financing that enables true utilization-based repayment for machinery purchases. In this way, linx4 aims to overcome investment hurdles for manufacturing companies and gives machine manufacturers from the cooperation network a decisive advantage in international competition.
Pay-per-use optimizes liquidity and risk management
Pay-per-use financing reduces the utilization risk of the buyer, preserves his liquidity, and additionally achieves positive balance sheet effects under IFRS16. At the same time, it increases the sales opportunities of the machine manufacturer. On the one hand, because the flexible financing model enables operators to provide production capacity without having to make a direct investment – and on the other hand, because higher after-sales revenues can be achieved. “linx4 offer innovative solutions such as their click finance platforms and have established a name for themselves as a market leader across Europe. For us at Nitrogen Supply Co, it was important to work with an organization that could offer solutions for both our legacy equipment as well as our newer gas generation and BoostAir solutions,” says Stephen Adeyemi, Managing Director of Nitrogen Supply Company Ltd, praising the cooperation with linx4.
Nitrogen Supply Company stands for progress and quality
“Nitrogen Supply Company is one of the most renowned mechanical engineering companies from England, which convinces customers from all over the world with its special plants for nitrogen production with precision and passion,” Bruckberger is pleased about the newly acquired cooperation partner, who has a great vision: Namely, to create a system in which producers can opt for the most modern and efficient machines when making investment decisions because they are not discouraged by fluctuations in capacity utilisation. “linx4’s pay-per-use financing package brings us a decisive step closer to this goal and completes our Nitrogen-As-A-Service offering. With linx4, we have found the partner whose solution is compatible with both our old equipment, our latest gas generator and our BoostAir solutions,” says Stephen Adeyemi.
linx4 takes financial services to a new level
Pay-per-use financing, based on secure Industrial Internet-of-Things (IIoT) technology combined with machine fund financing, is the real innovation. “We buy the equipment from the manufacturer – the buyer pays a “usage fee”, so to speak. Since it is possible for us to price the utilization risk for similar types of machines based on the available data, we offer an assumption of the utilization risk of up to 75 % as an additional added value,” explain Bruckberger and Steffens. The financing tool “Click & Finance” completes linx4’s service package and makes it real point-of-sale financing. With this software, the fintech gives its cooperation partners the possibility to process financing requests in an uncomplicated way to calculate financing options, and conclude contracts at the point of sale. “The linx4 click and finance platform is one of a kind. At NSC, we use the click & finance platform regularly to generate quotes in a matter of minutes which in turn speeds up our operational workflow. Aside from the productivity gains, there is something fundamentally pleasing about experiencing a clean user interface that works.” comments Stephen Adeyemi the innovative approach.
linx4 is an Austrian-based financing company with a unique market USP in true Payper-Use Financing for industrial equipment, where linx4 takes over up to 75% usage risk. linx4 offers Point of Sales (POS) financing for Equipment Manufacturers (OEMs) to strongly increase equipment and after-sales revenues with innovative financing solutions. The Pay-per-Use Financing of linx4 is based on an outstanding Industrial IoT (IIoT) and AI risk management solution, to enable usage-risk sharing. linx4 operates in over 20 European countries.
About Nitrogen Supply Co.
NSC is a UK Based Gas generation company, with an innovative approach to the supply of nitrogen to the laser cutting, food, and beverage industry. NSC provides customers with the most energy-efficient solution for gas generation on the market and that helps manufacturers become self-reliant for all the future gas requirements. The advanced iMonitoring IoT platform gives manufacturers the ability to track their energy and gas consumption profile over time, whilst reporting on machine conditions in real-time. NSC is the fastest growing gas generation company in the UK
For further information, please contact our Sales team Sales@nitrogensupplycompany.com