Corporate News

(Cedar Rapids, IA) – GreatAmerica Financial Services Corporation announced today that it closed its 23rd securitization of $549,277,000 in privately placed bonds. S&P and Fitch rated 93.4% of the bonds in the transaction as “AAA,” same as the prior six transactions from GreatAmerica. To date, GreatAmerica issuances have totaled $9.3 billion.

(Cedar Rapids, Iowa) -- GreatAmerica, a leading provider of financial services and solutions to the office equipment industry, is proud to announce that two of its Strategic Technology Analysts have been recognized as 2023 ENX Difference Makers. Robin Fonck and Heather Valvoda were among the 60 exceptional professionals selected for this honor after ENX Magazine solicited nominations from its readers earlier this year.

CEDAR RAPIDS — The employees of GreatAmerica Financial Services have awarded $250,000 to Cedar Rapids-Iowa City nonprofits.

(Cedar Rapids IA) -- GreatAmerica Financial Services Corporation® has announced a successful integration with ConnectWise, the world’s leading software company dedicated to the success of IT solution providers (TSPs), making it easier for equipment buyers to submit a credit application from within ConnectWise CPQ™ (formerly ConnectWise Sell).

Reprinted from Monitor, Nov/Dec 2022, Vol. 49, No. 7

Finance Company Takes Top Leasing Category Honor Thirteenth Time

Collaboration Offers Financing Options and Educational Two-Part Webinar Series

(Cedar Rapids, IA) November 2, 2022—Predictive InSight and GreatAmerica Financial Services Corporation (GreatAmerica) announce they have won an award for Best MPS Industry Collaboration by the Managed Print Services Association. The award recognizes their collaborative work on an integration to incorporate the financing process into the Predictive InSight ecommerce platform, Shopblocks, customized for the imaging channel. The award was presented to the companies during the 2022 MPSA Leadership Awards livestream event on LinkedIn.

(Cedar Rapids IA) – GreatAmerica Financial Services Corporation announced today that it will double its charitable giving in the community by launching a new philanthropic fund directed by its employees. The new Employee Advised Fund is in addition to the GreatAmerica Donor Advised Fund which was established in 2001. The funds are expected to provide more than $1 Million to projects in Cedar Rapids and Iowa City each year.

(Cedar Rapids IA) – GreatAmerica Financial Services Corporation announced today that it successfully closed its 22nd term securitization of $637 Million in privately placed bonds. S&P and Fitch rated 93.4% of the bonds being issued at AAA, with S&P moving to improve the A+ bond rating segment to AA-. GreatAmerica has now issued $8.7 Billion in bonds since inception. Proceeds from the transaction will pay off debt from warehouse and revolving credit facilities, putting GreatAmerica in an even stronger liquidity position to support its equipment vendors. “There is much effort by many GreatAmericans involved in successfully bringing a transaction like this to the market.” said GreatAmerica Executive Chairman Tony Golobic. “The consistent and dedicated focus of our GreatAmericans continues to impress the investment community and build trust among our financial partners.” Demand was strong as investors placed orders of $1.5 Billion…more than double the amount offered. Participation was highlighted by 29 unique investors, including 6 new investors.