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Reseller Financing solutions from IBM Global Financing
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IBM Global Financing has partnered with Tech Data, a leading global provider of IT products, logistics management and other value-added services, to offer a range of IBM Global Financing's financing solutions to resellers and value added distributors.
By combining our financing expertise with Tech Data's software, hardware and service solutions, we offer the best of both worlds to resellers seeking to maximize profits.
Through inventory financing, your company can obtain interest-free financing from IBM Global Financing, to cover payments for the first 30 days after purchase. IBM System x receives 45 days free and qualified Nortel resellers receive 60 days on their Nortel purchases. Other special qualifying products that may receive extended terms are SONY and HP. Ask your IBM rep if you qualify. Also if you are a TechSelect customer you will qualify for the extended terms identified below.
Through inventory financing, your company can obtain interest-free financing from IBM Global Financing, to cover payments for the first 30 days after purchase, and longer timeframes in some cases.
IBM Global Financing offers two solutions to provide comprehensive financing for all your technology needs:
Inventory Financing - revolving credit lines of $500k and greater, to purchase hardware, software or services.
IBM Flexible Credit - credit lines up to $500k, with online application and approval within minutes.
We now offer 60 days of interest-free financing for purchases made from Nortel, Sony and IBM's xSeries product line. And, we finance purchases made by Tech Select resellers and Tech-GovEd initiatives.
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Inventory Financing
If you're a buyer...benefits include:
- increased credit capacity
- supplier - sponsored free financing
- simple, common repayment dates each month
- 100% advance rates
- online account management
- consolidate supplier purchases into one easy-to-manage credit facility
- flexible structures - match repayment terms to accounts receivable terms
- accelerated cash flow
- maximized business volumes
- improved days payables outstanding
If you're a supplier...benefits include:
- increased reseller purchasing capacity
- reduced credit risk
- reduced days sales outstanding
- more predictable cash flow
- electronic approvals and EDI invoicing
- increased client loyalty
- enhanced productivity
- outsource collections and other activities
- optimize balance sheet
IBM Flexible Credit
- No financial statements required
- credit lines are incremental to any other financing you may have in place
- IBM Flexible Credit brings relief from the cash crunch, with the option to flex payments up to 60 days past an initial free (no-interest) period
- Once enrolled, you can manage all aspects of your account online
- immediate approval for credit if qualified
- no paperwork - A PDF version of your agreement will be prepared for your review; just click to electronically sign
- flexible repayment options
- 24/7 system access to online account management tool
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Interested? Here's how to apply.
An Inventory Financing line of credit requires three steps.
- Complete credit application
- Complete questionnaire
- Receive conditional approval
Send completed application to Ray Ramos, Fax: 914-765-6440
Once a completed credit application is received, turnaround times average approximately 5-6 business days in the United States. Other geographies can take longer.
The IBM Flexible Credit paperless process includes three steps:
- Register on ibm.com
- Complete an online application
- Receive an answer within minutes!
Once a completed application is received, turnaround times average approximately 10-15 minutes (United States only)
Once you're approved, here's how payments work:
Inventory Financing - Although the specifics vary by customer, in general IBM Global Financing will establish a credit line with Tech Data on your behalf. To use the Line of Credit, reference your IBM Global Financing Account and include your account number when placing orders.
IBM Flexible Credit - Once approved, you can use your credit line immediately! When you submit an order, just request IBM Global Financing as the financing source for the order. Tech Data will request a transaction approval and send the invoice to IBM Global Financing. IBM Global Financing will pay Tech Data, and invoice you directly for payment. |
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Click here for special Tech Data promotions, including extended term offerings.
TechSelect offerings:
- 60 days free IBM System x
- 60 days free Nortel
- 45 days all other products
- 60 days free on all Government - Educational accounts ongoing
We now offer up to 60 days interest-free financing for purchases made from Nortel, Sony VAIO and IBM's Systenm x product line.
And, we offer 45 days interest-free financing for all other product purchases made by Tech Select resellers and 60 days for GovEd orders.
Contact: Ray Ramos, 203-981-0371, Cell: 203-981-0371, Fax: 914-765-6440 |
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Inventory Financing terms and fee details
IBM Flexible Credit terms and fee details
Read what IDC has to say about the Inventory Financing program
IBM offers Flexible Credit Program for Resellers
IBM Flexible Credit solution brief (PDF, 242Kb)
Read more about IBM Global Financing
Case studies
News
Analyst reports
Frequently asked questions |
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Inventory Financing
Ray Ramos, 203-981-0371, Cell: 203-981-0371, Fax: 914-765-6440
IBM Flexible Credit
IBM Flexible Credit line at 800-422-1539 or IBMFLEX@us.ibm.com
Back-up contact: Kevin Maisch, 813-356-3479, toll free: 800-422-1539. |
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We now offer up to 60 days interest-free financing |
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