Funding Solutions for Suppliers
We work with the largest Telecomm/ IT/Cyber-security suppliers, in the world, helping them to provide financing solutions to mitigate the lost revenue due to budgetary and economic impacts. We help you push through and provide urgent critical product and services to your channel and their customers by providing financing solutions that help them execute the solution today, while caring for the budget and spend concerns. Our creative finance solutions accelerate sales pipelines and supply the channel with strategic differentiators that help them to win business and secure your revenue streams.
“The global information technology industry was on pace to reach $5.2 trillion in 2020,” according to the research consultancy IDC
The United States is the largest tech market in the world, representing 32% of the total, or approximately $1.7 trillion for 2020.
To cut costs, companies might turn away from smaller suppliers and try to leverage their existing relationships with providers that offer a suite of different services at a lower rate, said Forrester’s Mr. McKay.
Cybersecurity leaders should expect budget decreases—and potentially large cuts in hard-hit industries—over the next year, said Sam Olyaei, a research director at Gartner Inc
“You’ll see huge pressures on companies and organizations, so finding the additional budget for cybersecurity while people are fighting for their survival is going to be difficult,” Mr. Dixon said.
When you help your channel to finance their customer’s critical IT needs, you drive your market and revenue share in addition to:
- Improved cash flow
- Reduced bad debt
- Reduced sales cycle
- Increased close ratios
- Expense reduction
- Significantly lower invoicing and accounts receivable expense
- Improved partnerships and forecasting
- Established open line of credit to respond to opportunities quickly and with flexibility