Technology partners get Tech Data Capitals flexible payment options and with greater credit capacity to tackle the financial scalability challenges that they (partners) face today.
Tech Data is busy launching Tech Data Capital in Singapore, Australia, and India, offering flexible financing solutions powered by selected financial institutions exclusively to its partners and end-customers. Following earlier launches in North America and Europe, this expansion further bolsters efforts to leverage Tech Data’s strength, agility, and expertise in delivering solutions that cater to the needs of the channel ecosystem.
“While the APJ technology market is dynamic and competitive with many opportunities for growth and innovation in the channel, credit and financial scalability remain a challenge.”
Matt Shifrin, Chief Financial Officer, Tech Data APJ
With Tech Data Capital’s value-added payment solutions that are powered by selected financial institutions, IT channel partners and their clients have new ways of extending their overall purchasing power, to increase profits and accelerate the growth of the IT ecosystem.
“Together with our financial partners, Tech Data Capital’s flexible payment solutions will empower our partners and customers to scale their purchases and operations, facilitating accelerated business growth while propelling the overall IT ecosystem forward,” said Matt Shifrin, Chief Financial Officer, Tech Data APJ.
Through its partnership with selected financial institutions, Tech Data Capital simplifies the financing process where a payment solution can be integrated into a product sale and be funded for the full term upfront. This eliminates credit risk for the partner and provides increased customer value. Partners will also gain access to dedicated financial teams with expertise, comprehensive training, and integrated selling alongside product marketing and sales teams. Partners will be able to offer financing options such as installment payments and deferred payments, with terms ranging from 12 to 60 months.
Tech Data Capital was launched in Singapore on 6 May 2024 and scheduled for 16 May 2024 in Australia. The launch for India will be announced at a later date.