River Capital Finance partners with mobile industrial robots to help expand automation in the United States

Cleveland finance company is appointed as a U.S. finance company for Denmarkrobotics manufacturer

CLEVELAND, April 12, 2022 /PRNewswire/ — Leading IT hardware finance company River Capital Finance announces its partnership with Mobile Industrial Robots to provide personalized and flexible financing options for clients looking to automate their warehouses by investing in robots.

“With current labor shortages and rising inflation, the need for warehouse automation is more critical than ever,” said mike jones, Senior Vice President of River Capital Finance. “We are excited to be able to offer financing solutions to Mobile Industrial Robot customers so they can easily integrate automated solutions into their warehouses.”

According to the Association for Advancing Automation, orders for robots in the United States increased by 28% in 2021 to reach an all-time high of nearly 40,000 units. With the pandemic and renewed focus on manufacturing in the United States, warehouse automation will continue to be necessary across all industries and sizes of business.

“Automation is a game-changer for manufacturers and warehouse operations, and companies need to optimize their workflows to maintain a competitive edge,” said Rasmus Smet Jensen, Group Marketing Director of Mobile Industrial Robots. “The initial investment can be difficult to pay for small and medium-sized businesses, so River Capital Finance’s leasing solutions are a great way for these businesses to afford automation and run mobile robots at a low monthly cost.”

River Capital Finance has been providing warehouse equipment rental services for over 30 years, specializing in RFID, AIDC, warehouse automation, mobile computing, point-of-sale equipment and solution technology.

“We doubled down on robotics as the warehouse industry started to see significant changes,” Jones added. “We are proud to be at the forefront of this new industry and look forward to helping businesses achieve the efficiencies they need to succeed.”

About River Capital Finance
River Capital Finance is a leading finance company that makes materials and equipment more accessible through quick and convenient rental options. With many payment plans, end-of-term options, and equipment return policies available, we make it easier and more affordable to use cutting-edge technology and equipment.

About mobile industrial robots
MiR develops and manufactures the industry’s most advanced range of collaborative and secure Autonomous Mobile Robots (AMRs), capable of quickly, easily and cost-effectively managing internal logistics, so that employees are free to carry out activities that create more valuable. Hundreds of medium-sized companies, large international companies, logistics centers and hospitals around the world have installed MiR’s innovative robots. As a global market leader, MiR has a global distribution network with distributors in over 60 countries and regional offices in New York, San Diego, Singapore, Frankfurt, Barcelona, Tokyo, Seouland Shanghai. MiR has grown rapidly since its inception in 2013 and its revenue has increased significantly each year. MiR was established by experienced experts in the Danish robotics industry and is headquartered in Odense, Denmark. MiR was acquired by Teradyne in 2018. For more information, visit www.mobile-industrial-robots.com

SOURCE River Capital Finance

Mavis R. Bernier