Dutch lessor De Lage Landen (DLL) has extended
its vendor partnership with IT manufacturer Hewlett Packard (HP) in
the US by increasing the credit facility available to
resellers.
DLL, which has a global partnership programme
the US manufacturer, will provide up to 60 days of interest free
credit through four distributors, D&H, Ingram Micro, Synnex and
Tech Data when they purchase eligible HP products.
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DLL and HP said the resellers will benefit
from additional working capital and increased cash flow, as well as
being able to use the lessor’s online system to monitor their
account.
Matt Smith, director of Americas Partner
Marketing, PPS HP, said: “This extended financing program is
designed to help HP reseller partners improve their liquidity and
increase their cash flow as well as their potential for profit when
purchasing and reselling HP products,”
John Reed, president of DLL Commercial Finance
in the US, said the company was excited to extended its partnership
with HP and its resellers.
peter.johnstone@vrlfinancialnews.com
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