De Lage Landen (DLL) has partnered with Tech Data, a
Florida-headquartered distributor of technology products, to offer
an inventory finance and leasing solution to the company’s reseller
cutomers.
Tech Data’s senior vice president for credit and customer
service Mike Zava said: “When seeking this unique flooring and
leasing product to supplement our financing offerings for our
customers, DLL was able to tie inventory finance and leasing
together, demonstrating benefits to all parties involved.”
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Under the inventory finance partnership, called Lease Line
Program, DLL will offer the technology company’s customers the
opportunity to obtain an extra 15 days of free floor planning for
Tech Data products, on condition that they agree to refer their
end-users to DLL for retail leasing and meet certain minimum lease
volume requirements.
Tech Data’s customers will also have the opportunity to receive
referral fees for any additional leasing business referred to DLL,
the lessor added.
DLL’s vice president for commercial finance Jan Schuil said:
“This is a very creative programme that was possible due to the
fact that our commercial finance and office technology business
units operate under a single roof.”
“Collectively, we were able to put our heads together and
provide a single-sourced finance product that will immediately add
value to Tech Data’s reseller base,” he added.
Antonio Fabrizio
