Triangle Package Machinery launches Triangle Capital financing program

Triangle Package Machinery announced the launch of Triangle Capital last week, a financing and leasing program for packaging machinery.

The Illinois-based OEM says the offering is structured to allow manufacturers to acquire machinery with reduced upfront costs by spreading payments across multiple budget cycles.

Triangle Capital can also bundle machinery, service, and training into a single expense. It includes systems such as vertical form-fill-seal (VFFS) machines, multihead weighers, bag-in-box cartoners, and premade pouch fillers.

A poultry bagger from Triangle Packaging Machinery, part of the company’s portfolio of packaging systems included in its Triangle Capital financing program.
A poultry bagger from Triangle Package Machinery, part of the company’s portfolio of packaging systems included in its Triangle Capital financing program. Source: Triangle Package Machinery

Structured for capital planning and cash flow

The program is intended to help manufacturers manage capital equipment investments while preserving liquidity.

“Staying on the cutting-edge of food safety is a priority for our customers,” said Marco Pickett, vice president of sales and marketing at Triangle, in a statement. “Triangle Capital gives them a better way to invest in reliable and efficient machinery, helping free up their cash to put towards other business expenses.”

The company says financing options are tailored to individual projects, allowing organizations to align payments with operational budgets.

Responding to customer demand

The company manufactures and supports packaging systems from its Chicago facility, where it produces and ships machinery for food applications.

Pickett said the program was developed in response to customer demand and changing market conditions.

“We pride ourselves on being responsive to our customers, whether that’s upgrades and innovations to our equipment, or responding to specific market demand. Triangle Capital is a response to what the marketplace is looking for,” said Pickett.

To learn more about Triangle Capital, click here.

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