GL Veneer, a Huntington Park, California manufacturer of hardwood plywood, panels, flexible veneers and laminates recently leased a fully integrated ERP software solution through TEQlease Capital.
GL Veneer’s operation in Huntington Park, California grew so much it had to expand and renovate the facility to its current 150,000 square feet. GL Veneer then also expanded to a second facility with 42,000 square feet in nearby Mira Loma, California. As business increased GL Veneer needed to implement manufacturing management software that would allow it to plan, execute and control production more effectively for its different business lines. Ideally GL Veneer wanted a system that provided easy, highly streamlined data collection with the capability to monitor business rules in real time and alert users and management only when things are headed for trouble. “It is a considerable investment to acquire the ERP software solution,” said Jeffery Levin, President of GL Veneer. “However, having this fully integrated software solution keeps users and managers focusing on finding solutions to problems with precision.” TEQlease Capital, a nationwide provider of equipment lease financing solutions based in Calabasas, California provided GL Veneer with a comprehensive, customized lease financing solution. The lease covers the licenses, installation, configuration and implementation of the software, in a phased deployment of capital based on the software integrators billings.