Pitney Bowes launches small business leasing subsidiary

Pitney Bowes, a global provider of ecommerce solutions covering shipping, mailing, finance, and data, has launched a new finance company called Wheeler Financial.Wheeler Financial will help clients purchase new equipment and services with loans, leases, and other financial structures. Focused on non-captive equipment, Pitney Bowes says this investment in the sustainability and growth of small and medium businesses is in response to developing market trends.According to the most recent National Center for Middle Market Indicator, 71% of businesses surveyed are planning to invest extra cash into their business, but access to funding is becoming more restricted.