Home Banking & Finance Pitney Bowes debuts Wheeler Financial, an equipment financing subsidiary

Pitney Bowes debuts Wheeler Financial, an equipment financing subsidiary

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Pitney Bowes Inc. has launched Wheeler Financial, an equipment financing entity focused on small and midsize businesses.

Wheeler Financial will operate as a new subsidiary of the company’s Salt Lake City-based FDIC-member Pitney Bowes Bank Inc., and it will provide Pitney Bowes’ with loans, leases and other financial structures to fund the purchase of new products and services. Wheeler Financial is named in honor of Walter Wheeler, whose four-decade career at Pitney Bowes began as a salesman and concluded as chairman and CEO.

“We understand our client’s needs for capital are growing,” said Christopher Johnson, senior vice president and president of Pitney Bowes Financial Services. “The market’s ability to meet that need is actually shrinking. With the launch of Wheeler Financial, we are committed to investing in our clients’ growth by helping them acquire the assets essential to their business operations.”

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release "Moby Dick: The Radio Play" and the upcoming "Jesus Christ Movie Star," both published by BearManor Media). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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