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Sales & technology financing for electronics makers

A partnership between ASMPT and Siemens Finance & Leasing that pays off.

Good things come to those who wait.

This is certainly true of the sales financing partnership between ASMPT SMT Solutions and Siemens Financial Services, active for more than 15 years. It recently proved its value by providing ESCD GmbH and VIERLING Production GmbH with effective solutions to expand their capacities.

As a leading global supplier of world-class equipment and a technology partner to the electronics industry, ASMPT supports electronics manufacturers worldwide in building their integrated smart factories. To make it easier for companies in this industry to choose ASMPT solutions, ASMPT and Siemens Financial Services offer tailored, flexible financing solutions. These are based on comprehensive technology and financial expertise, including the experience of ESCD GmbH and VIERLING Production GmbH.

Focus on Sustainability: Funding for ESCD

Founded as “Elektronik Service – Christoph Dichte,” ESCD GmbH, based in Brunsbüttel, is one of Northern Germany’s largest service providers in the field of electronics manufacturing—and a long-standing customer of ASMPT and Siemens Financial Services. In 2022, ESCD constructed a production facility that provided space for a significant expansion of its machinery. As part of this capacity expansion, ESCD therefore sought to invest in an automated assembly line for the production of sensitive electronic circuit boards while simultaneously securing the financial flexibility needed to equip the facility with sustainable building technology.

Funding made possible by government grants

ASMPT and Siemens Financial Services were able to jointly meet this set of requirements. The two partners structured the project, which had a total volume of well over 2 million euros, and offered ESCD a long-term lease-purchase agreement with a decreasing payment schedule and pre-financing of the installment payment agreement with ASMPT. This financing model was the ideal solution to the customer’s requirements, as they sought to secure the best possible access to government subsidies. Additionally, SFS scored points with a swift risk assessment and straightforward contract terms. All of this built upon the existing foundation of trust from previous projects and, of course, what was arguably the strongest argument in ASMPT’s favor: the rapid and on-time delivery of the new assembly line in Brunsbüttel. The line not only stands out for its increased productivity, flexibility, and quality, but also requires a quarter to half as much energy as comparable older systems. By choosing ASMPT’s solution, ESCD GmbH underscores its commitment to greater sustainability, a commitment that is also reflected in the building services of the new production hall: It is fully air-conditioned, features a heat pump, and utilizes heat recovery. In addition, the roof area—like the warehouse—is equipped with a photovoltaic system.

A series of industrial machines, with monitors displaying data and green indicator lights.

Tailor-made: Rent-to-own at VIERLING

About 500 kilometers further south, in Ebermannstadt, Upper Franconia, ASMPT and Siemens Financial Services jointly secured another customer with a package combining technology and financing: VIERLING Produktion GmbH, a multi-award-winning electronics service provider that is expanding its portfolio to include comprehensive digitalization solutions. The family-owned company wanted to invest in two new ASMPT A1 placement machines with accessories and was looking for a suitable financing solution from a knowledgeable and reliable long-term provider. As well-established partners, ASMPT and Siemens Financial Services were able to offer VIERLING exactly what it wanted—in the form of a hire-purchase agreement with pre-financing for a term of 84 months. This provided VIERLING with the comprehensive, time-aligned financing solution with a fixed interest rate it was seeking for its investment, which had a total volume of nearly 1 million euros. As is customary with hire-purchase agreements, ownership of the financed goods automatically transfers to the borrower at the end of the contract. And just as it was for ESCD, the well-known smooth, swift, and customer-oriented processing was a compelling factor for VIERLING as well.

Siemens Financial Services provides the perfect bank-independent financing solution for our machinery investment needs, combined with professional and highly personalized service.
Jörg Grimsmann, Managing director and partner, ESCD GmbH