Sorubin offers financing through Siemens Financial Services

Posted: Thursday 1st March 2012

Sorubin, a supplier of energy efficient aeration products for water treatment, can now offer its customers in most European countries financing through a partnership with Siemens Financial Services.

Sorubin and Siemens Financial Services can now offer Sorubin’s customers a rental solution that includes service, or leasing. This means that customers who wish to invest in energy efficient water treatment products from Sorubin can lease/rent the products instead of buying them. Thus, they will get a predictable monthly operating expense rather than an asset to be included in the balance sheet and written off.

“We simply want to make it as easy as possible for our customers to start using environmentally friendly and often hugely energy efficient water treatment products”, said Stefan Sandström, CEO, Sorubin. “It is important for some companies to avoid having to purchase fixed assets, since it affects the return on equity. For them the option to rent or lease can be very favorable. We believe that our financing solution in partnership with Siemens Financial Services will be very well received on the market.”

”For Sorubin’s customers, there is security and a stamp of approval that a large and well-known financial company like Siemens Financial Services has approved Sorubin’s products as rentable and leasable”, said Christine Rosencrantz, CFO, Sorubin.

Siemens Financial Services is an international financial services provider that finances infrastructure, equipment and working capital investments on behalf of Siemens as well as business-to-business customers worldwide. Financing is playing an increasingly important role in facilitating investments in the energy, industry, healthcare and infrastructure and cities area. For this reason, tailored financing solutions are emerging as a key competitive factor in Siemens‘ drive to acquire new customers.

Fast-growing Sorubin’s fresh and innovative offering of aeration products, with a focus on ingenuity, efficiency, top quality and energy efficiency, has been very well received in the global market for wastewater treatment. The company has received several green and innovation awards in 2011, including the Greentech Top 3 prize as one of Sweden’s three hottest cleantech startups.

Sorubin’s bottom mounted aerator Microluft for the treatment of wastewater and landfill leachate is a ‘new generation’ energy efficient aeration products for industrial levels of water treatment with the ability to reduce electricity consumption by up to 90 percent. Sorubin also sells innovative floating baffles, Optusflow, that optimize the flow of water to be treated.

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