HowToRobot Partners With River Capital Finance to Make Robotic Automation More Accessible

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Leading robotics matchmaking platform announces new leasing alternative to bring industrial robot automation to the masses.

HowToRobot & River Capital Finance Partnership

CHICAGO, June 06, 2022 (Globe NEWSWIRE) — The world’s initial electronic robot hub, HowToRobot, these days introduced their partnership with major automation financing enterprise River Funds Finance. This partnership makes the first robot-leasing service covering the complete U.S. industry, producing automation more inexpensive for companies of all sizes.

“Our mission at HowToRobot is to make robots obtainable,” states Søren Peters, CEO of HowToRobot. “By partnering with River Cash Finance for leasing, we’re opening up the market place to all people: enabling companies of any dimension to lease any sort of robotic.”

When the demand for robots is increased than ever, price tag remains a important obstacle to further more robotic adoption. According to a analyze by the Massachusetts Institute of Technological innovation (MIT), companies repeatedly cite the significant expenses of the robotic equipment as effectively as its integration into the manufacturing line as a problem.

With this new leasing support, U.S.-centered providers stay clear of the original expenditure and shell out a regular monthly charge a lot reduce than the charge of leasing the products. A robotic of $130,000 could charge $2,549 a thirty day period in leasing (or $16 an hour) with integration expenditures provided.

“We are thrilled to present HowToRobot’s buyers a very low-expense option that will allow them to acquire that initial action into the suitable robotics option,” explained Mike Jones, Senior Vice President of River Money Finance. “HowToRobot was currently satisfying a huge will need in the sector by assisting their consumers select the right remedy and matching them with the right provider as they get started or carry on their journey in robotics. Offering them an inexpensive choice is the excellent up coming move to provide robotics to the masses.”

How It Operates:

U.S.-based companies can apply for 36- or 60-thirty day period leasing on robot buys. The flat month-to-month charge involves the cost of the robotic alternative, integration, training and much more. Numerous lease alternatives make it possible for enterprises to very own, acquire, renew, or exchange machines at the conclude of the lease time period. Corporations can implement by using HowToRobot, with River Funds Finance giving the funding.

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About HowToRobot

HowToRobot is the world’s top matchmaking platform for robotic automation, connecting organizations with around 16,000 robot and automation suppliers globally (around 1,100 in the US) and a assortment of expert services for rates on robots, leasing possibilities and considerably additional. Learn extra at www.HowToRobot.com.

About River Capital Finance

River Capital Finance is a top automation funding organization that would make components and tools far more accessible by means of rapid, practical leasing selections. With numerous payment programs, phrase-conclude options and machines return insurance policies accessible, we make it easier and far more affordable to leverage cutting-edge technologies and gear.

For all push inquiries: Jordani Sarreal: [email protected] | (310) 439-9213

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