• Tech Data forms new Credit and Finance Solutions team

        • Tech Data Corporation has formed a specialist Credit and Finance Solutions team to place renewed focus on helping SMB resellers increase their business.

          The company has transformed what used to be its credit services team into the new department and will be placing the emphasis firmly on the services and business enablement.
          The Tech Data Credit and Finance Solutions team can will offer resellers access to a range of options, including leasing, loans, factoring, invoice discounting, deeds of assignment, and other initiatives. The team has a current headcount of 11 and a combined experience of more than 150 years (an average of more than 13 years each).

          Nick Tiltman, Credit and Finance Solutions Director at Tech Data said, “we are putting credit back in the spotlight in a positive and proactive way. We see good potential for SMB resellers to develop and increase their business and we want to take a very progressive approach to supporting them and providing credit and finance options that enable them to take opportunities and fulfil their potential.

          “The formation of the Credit and Finance Solutions team signifies a change of mindset for everyone across the business. We are not here just to set a credit line and manage risk – we are here to find a solution for every deal and help resellers and retailers do more business.”

          Tech Data supports the UK&I channel with a ten-figure credit line and recently extended its Credit Elevator programme to make it easier for smaller resellers to get onto and to subsequently climb the credit ladder. The company can also help resellers when it comes to funding bigger deals and managing financial interactions with end-customers.
          Nick added, “we have some very experienced Credit and Finance professionals and we’ll be happy to talk to resellers about their needs at any time. A smaller reseller might end up with a larger opportunity and be concerned that if they use alternative methods of finance – such as leasing or a deed of assignment –  that they will look small in the customer’s eyes.
          “Our challenge is to show them [the reseller] that if they partner with us, our financial stability and willingness to back them should give the end-user customer confidence in them as a supplier. It is all about building relationships and being prepared to discuss situations, and that’s where we can help."

        • Stay up to date - Click here and register for FREE Channel Info online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the Channel Info app

        • Related Articles

        • Exertis Cloud launches Smarter SaaS for M365

          Exertis Cloud launches Smarter SaaS for M365

          Wednesday 3rd Mar 2021
          Exertis Cloud has launched its Smarter SaaS service, the software asset management tool, in partnership with The Business Software Centre (TBSC). Exertis is offering Smarter SaaS free of charge to resellers who sign up for the service before the end ...Read More...
          Tech Data partners with Armor for hybrid and multi-cloud security

          Tech Data partners with Armor for hybrid and multi-cloud security

          Tuesday 2nd Mar 2021
          Tech Data has formed a partnership with Armor, a cloud security and compliance company, adding further strength to its growing security practice portfolio and presenting partners with the opportunity to offer all-round protection for custom...Read More...
          Tech Data acquires Finance Technology

          Tech Data acquires Finance Technology

          Wednesday 24th Feb 2021
          Tech Data has acquired the specialist platform provider Finance Technology, enhancing its ability to offer innovative and flexible technology-as-a-service (TaaS) solutions across the European region.   The Finance Technology platform e...Read More...
                • About Us

                  Channel Info is the leading source of business news and information for the office dealer and reseller market. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, supplements, website, digital editions, apps, newsletters and bespoke communications with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the team behind Channel Info has over 60 years experience collectively in the office products, furniture, equipment and technology markets Channel Info continues to develop and adapt in order to meet the changing information needs of its readers.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue